Global insight
Tata Steel production falls to 2.99 MT in April-June
Tata Steel India reported sales of 2.92 million tonne of steel in Q1 FY21 against sales of 3.96 mt in Q1FY 20. |
Weak demand, oversupply and price decline to hit Indian steel industry: Ind-Ra
Indian steel industry’s gross spreads per tonne for both hot rolled coil (HRC) and rebar is expected to fall in the second quarter of FY21 with a further fall in steel prices due to oversupply, said India Ratings and Research in a sector report |
Australia sees end-2020 iron ore prices at $55/t
The iron ore price is project to drop to $55/t fob by the end of this year's final quarter, the Australian treasury said. |
High iron ore price tempts more Australian producers
Western Australian (WA) iron ore developer Strike Resources plans to start shipping lump and fines from its Paulsens East iron ore project in the Pilbara next year. |
Posco raises steel output target on demand expectations
South Korean steelmaker Posco is partially restoring its rate of production on expectations that resumption of industrial activity in China and elsewhere around the world will drive a recovery in steel demand in this year's second half from a slump brought on ... |
Long steel producer Feralpi sees recovery on construction investments
Long steel producer Feralpi sees recovery on construction investments |
US Steel to restart Gary Works blast furnace in August
US Steel to restart Gary Works blast furnace in August |
Thriveni Earthmovers looking to be third-largest Indian iron ore exporter
Thriveni Earthmovers looking to be third-largest Indian iron ore exporter |
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