Iron ore futures drift lower as steel fundamentals remain weak
Iron ore futures traded lower on Thursday, extending recent volatility as a weak demand outlook across China's steel sector continued to pressure the market.
Muted...
RRM starts up new cold-mill complex with Danieli technology
Roofings Rolling Mills Ltd (RRM) has successfully started up its new cold-mill complex in Uganda, achieving stable operations and consistent product quality as the...
Erdemir to supply steel for Turkish Navy aircraft carrier project
Erdemir, a subsidiary of Oyak, will supply around 40,000 tons of steel for the construction of the Turkish Navy's first aircraft carrier, MUGEM, according...
Iron ore futures trade sideways as policy support offsets weak fundamentals
Iron ore futures traded in a narrow range on Wednesday after China's central bank reaffirmed a moderately accommodative monetary stance, though weak market fundamentals...
Govt launches third round of PLI scheme to boost specialty steel capacity
India's Steel Minister HD Kumaraswamy has launched the third round of the Production-Linked Incentive (PLI) Scheme for Specialty Steel, targeting the addition of 8.7...
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