Hebei province, China's leading producer of iron and steel, will continue with huge overcapacity cuts in 2020 amid an ongoing industrial upgrading, its governor Xu Qin announced Tuesday.
Since the New Year, the prices of raw materials are stable except metal calcium wire rose slightly and will not fluctuate significantly. Cold rolled strip steel, which ups and downs frequently, has been stabilized too. Most of the cold rolled strip steel manuf...
Recently, the price of metal calcium wire, the raw material, rose slightly. However, most of cored wire manufacturers have completed preparation of raw materials and have no procurement plan. Additionally, seamless metal calcium cored wire is stable in order r...
RINL-VSP CMD Mr PK Rath observed that the steel industry is showing signs of improvement in the country with the introduction of Government’s new initiatives in boosting the spending on infra, construction and auto sector.