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Global insight

G20 summit 2017: US squeezes steel concessions amid tariff threat

[ferro-alloys.com ]Group of 20 leaders agreed to address growing overcapacity and rock-bottom prices in global steel markets, bowing to pressure from the Trump administration after it threatened to impose punitive tariffs on its allies.

Monday, July 10, 2017

Steel prices gain in June, but supply clouds outlook Steel prices gain in June, but supply clouds outlook

[ferro-alloys.com] China’S iron ore prices gained since late June boosted by supply-side reform and a fall in low-quality steel production, but analysts do not see larger gains soon as supply remains high after a surge of imports.

Friday, July 7, 2017

'Exempt steel import above 1,250 mm width from further duty' 'Exempt steel import above 1,250 mm width from further duty'

[ferro-alloys.com] Exempt stainless steel imports above 1,250 mm width for all grades not manufactured in the country from any further duty to protect domestic industry, Capital goods and Process Equipment manufacturing body PPMAI today demanded.

Friday, July 7, 2017

Dry Bulk: Iron ore trade could face further complications from US steel policy

[ferro-alloys.com] As if the dry bulk market didn’t its own problems to solve, it risks facing further complications from the looming shifts in steel trade policies.

Friday, July 7, 2017

Australian “ARRIUM” Bought By Sanjeev Gupta

Ferro-alloys.com: Australian “ARRIUM” Bought By Sanjeev Gupta

Thursday, July 6, 2017

SAIL unable to meet steel demand for rail development

[ferro-alloys.com] While Indian's Prime Minister Narendra Modi hopes that the Indian railway network will spearhead India's economic progress, online reports claim that between April and December of 2016 traffic receipts dipped 2.3% and passenger traffic was 9...

Wednesday, July 5, 2017

Min 15% value addition must for procurement of imported steel

[ferro-alloys.com] Imported steel must undergo a minimum prescribed value addition of 15 per cent in order to be eligible for procurement by government departments, the steel ministry said today.

Wednesday, July 5, 2017

Credit Suisse says the iron ore rally has further to run yet

[ferro-alloys.com] Iron ore markets can be a bewildering beast at times. One minute prices are plunging, the next they’re flying higher.

Wednesday, July 5, 2017