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Ukrainian Metal
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When two large organizations collaborate, it makes a far reaching and resounding impact. The case in point is the collaboration between the Indian Railways and Steel Authority of India Limited for more than six decades. While the Railways is the heart of transport infrastructure of our Country, SAIL is the most trusted and longstanding supplier…
DetailsChina's construction sector consumed two-thirds of China's incremental steel production over January-July, with the stronger-than-expected property market remaining the biggest steel demand driver, according to the China Iron & Steel Association. China's net steel exports decreased by almost 200,000 mt year on year over January-July, while its crude steel production increased by 48 million mt…
DetailsGrade A copper cathode premiums in China will be well-supported throughout September and October, primarily due to improving downstream demand and declining domestic stocks, Fastmarkets heard on the sidelines of a copper conference held in the Chinese city of Qiqihar on Thursday September 5. The cif Shanghai and in-warehouse Shanghai copper premiums both rose to…
DetailsThe World Steel Association opened registration for the 14th edition of steelChallenge. steelChallenge is the biggest steel industry competition where students and industry employees can test their skills using the sophisticated online process simulations delivered by steeluniversity. steelChallenge-14 will be take place over two rounds. The Regional Championship will take place online on 27 November…
DetailsThe three-month copper price on the London Metal Exchange was higher at the close of trading on Thursday September 5, breaching the $5,800 per tonne resistance level and closing at its highest level since August 1. This came amid a 12-week high in daily volumes traded, with nickel futures being the only metal to close…
DetailsET reported that Rashtriya Ispat Nigam Ltd has begun to feel the general slowdown in the economy at large though the company has not cut down its production or sent some of its over 17,000 fulltime workers on furlough. An Official said that “Some of the specialty steel we are producing is used by re-rolling…
DetailsThe export market for pig iron from the Commonwealth of Independent States (CIS) has gone down because of lower demand, more supply and a weak scrap market, sources told Fastmarkets on Thursday September 5. Fastmarkets’ weekly price assessment for high-manganese pig iron, export, fob main port Black Sea, CIS, was $315-325 per tonne on Thursday,…
DetailsChinese iron ore futures rose more than 4% on Tuesday, extending gains into a fourth session, as steel mills restocked raw materials even though top steelmaking cities carried out anti-pollution curbs. The most-traded iron ore futures contract on the Dalian Commodity Exchange for January 2020 delivery rose as much as 4.2% to 644 yuan ($90.80)…
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