Rashtriya Ispat Nigam Ltd., the corporate entity of Visakhapatnam Steel Plant, is hopeful of returning to the cash profit zone this fiscal, on the back of improved demand conditions, said chairman-cum-ma
After a string of down days, the Northern China import price of 62% Fe content ore bounced back on Thursday. According to data supplied by The Steel Index the steelmaking raw material jumped 5.6% to exch
Domestic crude steel production witnessed a 4.6 per cent increase at 8.45 million tonnes (MT) in July, according to official data. This is against the total output of 8.082 MT of crude steel in the same
Iron ore in the $70s a ton may be as good as it gets for some time. After rallying hard in June and July, the commodity may see its gains unravel over the second half as steel production in China eases b
Worldsteel released their monthly update on global crude steel production on the 20th July. Total global steel production in June 2017 was estimated at 141Mt, up 3.2% YoY but down from the previous month
Domestic steel manufacturers have alleged that importers are circumventing the anti-dumping duty levied on steel products. This has been made possible because the entire value chain of steel product manu
Steel Authority of India Ltd (SAIL) has charted a roadmap to turn around. In an official statement, the public sector undertaking said it will set an Earnings before interest, tax, depreciation and amort
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