India's secondary steel producers have opposed the petition for imposing a 25-percent duty on imports of steel items.

According to a three-year work plan regarding the coal industry's development, by 2021, the number of coal mines will be limited to within 200.

Nationally the coal supply and demand balanced well in the first six months.

However, June turned out to be a fairy tale month for steel stocks.

ferro-alloys.com: Rio Tinto set to capitalize on gushing iron ore cost

When Section 232 tariffs were proposed, some feared it could lead to a spike in downstream fabricated steel imports.

According to S&P Global Platts, Nucor (NUE) announced a price increase of $40 per short ton.

ferro-alloys.com:Production targets over-ambitious iron-ore set by NMDC