steel demand

Iron ore rangebound as investors await more China data

Prices of the key steelmaking ingredient had climbed by more than 6% within the past week, owing to ...

auto | 6 months ago

Iron ore dips as falling China demand, high shipments weigh

"Steel demand has somewhat receded with transaction volumes falling and destocking slowing down," an...

auto | 4 months ago

Iron ore extends fall on softening China steel demand, bets of high supply

"But some steel mills may return to stockpile cargoes to meet production needs over the upcoming Dra...

auto | 4 months ago

Domestic demand for steel soars in India, country turns net importer in FY24: CRISIL Report

Concurrently, finished steel production in India increased by 12.7% year-on-year, reaching 139 MT.In...

auto | 4 months ago

Iron ore futures plummet to two-month low on leak steel demand in China

Other steelmaking ingredients on the DCE retreated further, with coking coal and coke down 2.34% and...

auto | 3 months ago

Iron ore dragged down further by weak steel demand in China

Iron ore prices have been under downward pressure as steel demand remained weak and expectations of ...

auto | 3 months ago

Rising global stainless steel production: Opportunities for India

Projections indicate that global stainless steel production will grow by 2-3 million tonnes, reachin...

auto | 3 months ago

Steel prices trade at 3 year lows on increased supplies: Report

Steel imports rose by 38% to 8.319 MT in 2023-24, making India a net importer of the commodity.Domes...

auto | 2 months ago

India recognised as the global driver of steel demand growth

The ministry stated that this growth highlights the country's significant role in shaping global ste...

auto | 2 months ago

India’s steel demand to grow by 8% annually in 2024 and 2025: Steel Ministry

The centre has launched a Domestically Manufactured Iron & Steel Products (DMI&SP) Policy an...

auto | 2 months ago

Declining steel demand in China affects exports from India

The declining demand for steel in China has caused an export pinch in India. What does the demand fo...

auto | 1 month ago

Steel prices may continue to languish despite low global output

Only a combination of further production cuts and higher consumption from China could aid a recovery...

auto | 3 weeks ago

Indian steel majors best-placed producers globally: Nomura

India's steel companies are well-positioned within the global metals sector.India's steel industry i...

auto | 2 weeks ago