India produced 113.43 million tonnes of crude steel in January-November 2022, which is 10 per cent higher compared with the year-ago period. The government aims to double the country’s annual crude steel-making capacity to 300 MT from 150 MT at present.

Easing covid-19 restrictions in China may lead to an increase in demand and prices of metals, but the uptick maybe limited, said industry experts.

Mobarakeh Steel operation Deputy announced the company's 8 share in GDP in the country's industry sector and said the company has produced 141 million tonnes of raw steel from the beginning of operation to the end of November this year.

In the first seven months of the following year, along with the increase in steel production, a significant portion of this production has been spent on domestic consumption and  less towards export markets.

Imidro is ready to help launching the seven steel projects

After having plunged over 30 per cent since hitting a new high on March 4, copper prices are expected to rule lower for the rest of the year though supply woes are likely to prevent any sharp fall.

Iron ore prices are swinging between optimism and pessimism over the economic outlook in top importer China, but beyond the short-term oscillations a longer-term battle is looming.

Iron ore prices have come under increased pressure in recent months due to persistent demand worries from top steel producer China, with the country’s zero-COVID policy curtailing economic activity and weighing on ferrous markets.

Australian iron-ore miners Rio Tinto and Fortescue Metals Group are unlikely to see a repeat of record profits booked in recent years as they face soaring costs, falling prices and a tight labour market.

BEIJING - China has approved a coal mine project worth 3.1-billion yuan ($458-million) in the country's Inner Mongolia region, the National Energy Administration (NEA) said on Thursday.

The Minister of Industry, Mine and Trade announced the issuance of a permit for the Assignment of one of the automaker companies and stated it would be auctioned soon.

In the first specialized conference to survey the steel chain and industrial units related to this chain, which was held in the form of a video conference in the presence of the heads, deputies and experts of the industry, mine and trade ministry of the provinces having steel units, the heads of the industry, mine and trade ministry organizations of the provinces presented their technical and expert views and opinions.

Two point three Million tonnes of commodities changed hands on IME

A knowledge-based company based in Sheikh Bahaee Science and Technology Park, relying on the development of technology in the field of material engineering and metallurgy, optimizes, designs and provides solutions in steel and non-metal industries.

Iran’s head of development and trade organization has said that Iran’s trade membership in the Eurasia Free Zone has been finalized

‎Iran's steel exports crossed the 1 million-tonne border for the second month in November this year. This figure is also the highest level of November's date for the export of this product.‎

Recently, the price of the hot sheet in china's domestic market has reached the peak of the past month and a half as the market atmosphere has turned positive.

Iron ore futures extended losses , as China’s worse-than-expected trade data for November dampened the enthusiasm about a major shift in Beijing’s COVID containment policy, while caution also emerged over signs that the market is overbought.

Fastmarkets calculated its daily steel HRC index, domestic, exw Northern Europe at €618.75 ($647.70) per tonne on Friday, up by €2.08 per tonne from €616.67 per tonne the previous day.

In November, Europe’s natural gas demand was 24 lower than the five-year average for the month, largely due to reduced industrial demand amid high prices