In a surprise development, prices of mild-steel rod fell in Bangladesh owing to lower demand, the fall of raw material prices in global market, and the slow start of development projects in the first ...

India’s steel sector could see likely headwinds with the EU proposing to ban steel scrap exports, a key raw material in making the metal through the electric arc furnace route. The Economic Survey ...

Panjim: Secondary steel industry body All India Induction Furnaces Association (AIIFA) has urged the government to remove 2.5% import duty on steel melting scrap in the upcoming budget. The joint ...

Ahead of the Union budget, Jindal Stainless has pitched for bringing down to nil the import duties on critical raw materials such as molybdenum ore, and continuing with zero duties on pure nickel, ...

This week, stainless steel spot prices and production costs rose in tandem, though the losses between steel mill costs and prices narrowed slightly. Taking 304 cold-rolled products as an example, ...