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In the June quarter, earnings halved at Tata Steel, paced by its European business. Debt to annualised EBIDTA.

China's crude steel output came in at 492 million metric tons in H1 2019, up 9.9 percent year-on-year.

The government has come out with draft steel scrap policy, which is aimed at curtailing import dependency and make India self-sufficient by producing high-quality ferrous scrap.

ferro-alloys.com:Demand to impose tax net on steel units in ex-Fata

Traditional slabs suppliers are trying to keep prices firm for the Asian market, having sold large quantities for August production.

Nucor Corporation today announced consolidated net earnings of $386.5 million, or $1.26 per diluted share, for the second quarter of 2019.

India's secondary steel producers have opposed the petition for imposing a 25-percent duty on imports of steel items.

However, June turned out to be a fairy tale month for steel stocks.