Relevant News
China's iron ore price index drops at the end of March
The China Iron Ore Price Index (CIOPI) dropped slightly at the end of March from the previous month due to the decline in steel output, according to the China Iron and Steel Association (CISA). |
Ukraine imposes duty on coal imported from Russia
The Ukrainian government passed a resolution imposing a 65 percent duty on imported Russian coal with some exceptions starting from April 15. |
Experts say China's growth opportunity promising despite virus-fueled headwinds
China is capable of navigating its economy amid the COVID-19 fallout, and opportunities for the world's largest developing economy are promising in the long run despite virus-prompted challenges, economists and market strategists have said. |
China's rail freight volume grows 4.5% in March
On average, 11.16 million tons of freight were carried by railway per day in March, its high level since February, which stayed flat from the previous year. |
Japan’s April-June steel output projected to tumble
Japanese crude steel output is forecast to tumble in the April-June quarter because of a sharp fall in manufacturing demand for steel products affected by the Covid-19 pandemic. |
SAIL and Tata Steel Production Down by 50% amid Coronavirus COVID-19 Lockdown
While a SAIL official confirmed reducing output by about 50 per cent over phone, an e-mail query sent to Tata Steel remained unanswered. |
JSW Steel Crude Steel Production in 2019-20 Declines by 4%
JSW Steel Crude Steel Production in 2019-20 Declines by 4%. |
ArcelorMittal US to Idle Cleveland Blast Furnace - Argus
Argus reported that ArcelorMittal USA is expected to idle a blast furnace at its Cleveland flat-rolled steel mill as coronavirus-related shutdowns continue to ripple across the steel industry. |
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