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Global insight

Steel firms ponder yield cut in the midst of repressed interest

ferro-alloys.com:Steel firms ponder yield cut in the midst of repressed interest

Thursday, March 19, 2020

Vietnam’s logistics firms to lose revenue during pandemic

Up to 50 percent of Vietnam’s logistics firms estimate they will see revenue cut in half this year compared to 2019 because of the COVID-19 pandemic.

Thursday, March 19, 2020

Coronavirus outbreak may rein in India's steel price rally

The global Coronavirus outbreak is likely to rein in the rally in Indian domestic steel prices.

Thursday, March 19, 2020

NMDC slashes iron ore prices by Rs 50 per tonne

Iron ore miner NMDC has slashed prices of lump ore and fines by Rs 50 per tonne.

Thursday, March 19, 2020

Tata Steel’s TS Alloys bags Sukinda chrome mine in Odisha

[Ferro-Alloys.com] Bhubaneswar: TS Alloys, a subsidiary of Tata Steel Ltd, on Tuesday bagged the Sukinda chrome mine in the mining auction in Odisha.

Wednesday, March 18, 2020

Tata Steel arm bags the Sukinda chromite mine at 93.75% premium

[Ferro-Alloys.com] Tata Steel subsidiary TS Alloys has retained the mining rights for the 95.81-million tonne Sukinda chromite deposit in Odisha, people aware of the matter told ET.

Wednesday, March 18, 2020

ArcelorMittal, Nippon Steel sign $5.14 billion loan pact to refinance Essar Steel buy

[Ferro-Alloys.com] AMNS Luxembourg Holding S.A., the joint venture between Nippon Steel Corporation and ArcelorMittal has entered into a $5.14 billion (about Rs 38,000 crore) term loan agreement to refinance a loan taken for acquiring the erstwhile Essar Steel...

Wednesday, March 18, 2020

India's February steel exports fall for first time in 8 months

[Ferro-Alloys.com] NEW DELHI (Reuters) - India's finished steel exports plunged 8% in February from a year earlier, their first decline in eight months, government data showed, as demand from traditional buyers in Europe and South East Asia contracted due to c...

Wednesday, March 18, 2020