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Global insight

AMNS India to Increase Finished Steel Volumes to 8.5 Million Tonnes by 2024

ArcelorMittal in its Annual Report for 2019 said that “The Resolution Plan also includes a capital expenditure plan of INR 18.697 crore to be implemented in two stages over six years.

Friday, March 6, 2020

Chinese domestic coal prices under pressure as market sentiment softens

[Ferro-Alloys.com] Chinese domestic coal prices for higher grades of coals have been holding firm for eight weeks, but prices for weaker grades of coals have retreated, effectively erasing the increase in prices seen in mid-February.

Friday, March 6, 2020

Shanghai rebar futures end higher on more stimulus hopes

[Ferro-Alloys.com] Shanghai steel futures closed higher on Thursday, boosted by hopes of more stimulus by China to support its economy impacted by the coronavirus outbreak, although gains were capped on caution over the country’s record-high inventories.

Friday, March 6, 2020

China Baowu’s crude steel output world’s largest in 2019

[Ferro-Alloys.com] Steel giant China Baowu Steel Group announced Wednesday that it surpassed the Luxembourg-headquartered ArcelorMittal to become the world’s largest producer of crude steel in 2019.

Friday, March 6, 2020

Vietnam’s Steel industry forecast to grow by 6-8 percent in 2020

Vietnam’s Steel industry forecast to grow by 6-8 percent in 2020.

Thursday, March 5, 2020

Indonesia strengthens local iron, steel industry to reduce imports

Indonesia strengthens local iron, steel industry to reduce imports.

Thursday, March 5, 2020

Union Steel Minister seeks Japanese investment in fast-growing Indian steel market

Union Steel Minister seeks Japanese investment in fast-growing Indian steel market.

Thursday, March 5, 2020

Compulsory certification of ferro silicon might disrupt Indian steel makers

Compulsory certification of ferro silicon might disrupt Indian steel makers .

Thursday, March 5, 2020