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During the quarter under review, the company's expenses stood at INR 1,250 crore, as against INR 1,474 crore in the same period previous fiscal.

Of the 4.64 million tonnes of total steel exports, Vietnam and China bought 1.4 million tonnes and 1.3 million tonnes of steel respectively.

China's benchmark power coal price remained flat during the past week.

Ferroglobe's second-quarter silicon and manganese product shipments fell 39% year on year to 142,653 mt.

China imported a record 112.65 million metric tons of iron ore in July, up 24 percent on a yearly basis, said CNBC.

NLMK Lipetsk (Novolipetsk Steel,NLMK) has embarked on a project to construct a new continuous hot dip galvanizing line HDGL-5 with a capacity of 450,000 tonnes of steel per year.

The U.S. trade representative's office said that the U.S. is taking additional measures to limit the import of steel from Mexico and Brazil in the face of domestic market difficulties caused by the COVID-19 on Monday.

In July 2020, Japan imported 21355.046 tons of ferrosilicon (silicon content > 55%), a year-on-year decrease of 48.24%.