According to reports, the price of local hot rolled coil (HRC) in India is expected to rise again by INR 2000-3000 / T (US $27-40 / T) due to the second benchmark price increase expected by steel mills in April.
The company's net profit attributable to parent company in the first quarter is 1.6-21 billion, an increase of 971.17% to 1305.90% over the same period of the previous year.
On April 7, Ningde officially released the economic development plan of sandu'ao Bay area, in which it mentioned to expand the four leading industry chain groups.
Iron-ore futures in China extended an advance as imports surged to a five-month high, signaling robust demand as the country grapples with rising commodity prices.
The Mines and Minerals Amendment Bill is now before the Cabinet Committee on Legislation and is expected to be tabled before the full Cabinet in two weeks' time before being brought to Parliament.