E-PaperSteel Market News
Steel prices recover, but demand slowdown will continue to test nerves
One positive for the steel sector, however, is that input costs are on the declineSteel firms have hiked domestic prices following a rise in international rates
2 min read12 Dec 2019Nippon Steel sees big in India opportunity
India is Nippon Steel's most promising market, says Executive Vice-President Katsuhiro Miyamoto
1 min read24 Aug 2018Steel workers approve Thyssenkrupp-Tata Steel labour deal
German steel workers have approved a Thyssenkrupp-Tata Steel labour deal that is expected to safeguard jobs and plants in a planned joint venture
1 min read5 Feb 2018Fresh capacity set to worsen supply glut in steel market
Finished steel consumption in India advanced at a mere 1.3% to 33.74 million tonnes in the five months from April to August
2 min read5 Oct 2016China agrees on steps toward reducing steel exports
Beijing made boosting sluggish global growth through increased trade a theme of the G20 meeting in the south-west of Shanghai
2 min read5 Sep 2016Iron ore, steel rise on signs of property recovery in China
China's real estate investment in April kept pace with the previous month, as developers continued to start projects in response to surging home sales
2 min read16 May 2016China’s steel futures suffer biggest weekly retreat on record
Steel reinforcement-bar for October delivery dropped as much as 3.6% to 2,000 yuan ($307) a tonne on the Shanghai Futures Exchange
1 min read13 May 2016China commodities sell-off spreads
Malaysian palm oil futures, the global benchmark for the commodity, fell more than 2% on Friday; iron ore futures in China fell 27% from their April peak
2 min read14 May 2016Steel companies divesting power assets to lighten debt burden
More steel makers are now divesting power assets to stay afloat in a weak steel market and meet debt obligations
2 min read31 Mar 2016Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared