Iron ore futures decline on uncertain demand outlook
Iron ore futures weakened on Monday as high port inventories and weaker Chinese economic data offset improving steel market sentiment and stronger coking coal...
Jindal Stainless to invest USD 94 mln to expand cold rolling capacity
Jindal Stainless plans to invest INR 900 crore (USD 94.1 mln) to increase its cold rolling capacity in India from 2.05 mln tons per...
7 Steel Nordic supplies steel billets to Nova Hut
Czech steelmaker Nova Hut has started receiving steel billets from Norway-based 7 Steel Nordic, according to local media reports.
The first shipment arrived several weeks...
Missile strike partially halts ArcelorMittal Kryvyi Rih steel production
A Russian missile strike on August 16 damaged key production and energy facilities at ArcelorMittal Kryvyi Rih, forcing a partial halt to production at...
Iron ore futures recover as steel production picks up
Iron ore futures recovered on Friday, supported by stronger coking coal prices and improving sentiment in the Chinese steel market. Signs of better downstream...
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