Iron ore gains, but weak fundamentals cap upside
Iron ore futures extended gains on Friday, supported by expectations of near-term restocking, although weak fundamentals continued to limit the upside.
Some market participants expect...
Ministry imposes AD tariffs on cold-rolled electrical steel imports from China
India's Ministry of Finance has imposed anti-dumping duties on imports of cold-rolled non-oriented (CRNO) electrical steel from China for a period of five years,...
Xuan Thien to develop flat steel production facilities in Ninh Binh province
Vietnam's Xuan Thien Group has signed a strategic investment and cooperation agreement with Primetals Technologies to develop advanced steelmaking facilities in Ninh Binh province,...
Iron ore futures extend gains on lower steel inventories, restocking hopes
Iron ore futures rose further on Thursday, supported by easing domestic steel inventories and expectations of near-term restocking demand, which improved overall market sentiment.
Inventories...
SAIL’s Rourkela Steel resolves scale channel blockage with mechanized upgrade
Indian state-owned SAIL's Rourkela Steel Plant (RSP) has successfully commissioned a fully mechanized cleaning system at its plate mill, clearing a completely blocked scale...
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