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Vehicle Recycling in India Gains Pace with Recent Roll Out of Draft Policy

Posted on August 1, 2019 0

In a move that aims to spur growth of vehicle recycling agencies across the country and increase adoption of electric vehicles, the Ministry of Road Transport and Highways (MoRTH) has proposed a draft notification for scrappage of vehicles older than 15 years.

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Supply Tightness Pushes Chinese Steel Scrap Prices to New High

Posted on July 27, 2019 0

China, the world’s largest ferrous scrap consumer, has witnessed a jump in its domestic ferrous scrap prices to above USD 400/MT, a record new 2019 high following supply tightness amid seasonal issues, high utilisation rates for electric arc furnaces (EAFs) and new

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India’s Largest Merchant Pig Iron Producer Staring at Shut-Down

Posted on July 26, 2019 0

Neelachal Ispat Nigam Ltd (NINL), a public sector steel entity and largest merchant supplier of steel grade pig iron, is battling raw material crisis on financial issues. Sources privy to the development said, NINL is battling hard to buy iron ore on

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What is compelling Iran to set up its own Graphite Electrodes Plant?

Posted on July 23, 2019 0

Iran’s steel industry has been growing rapidly in recent years in line with the country’s ambitious plan to raise output to 55 million tonnes per year by 2025.The country’s crude steel output in 2018 stood at around 22.8 MnT, registering a surge

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Will the EAF Steel Sector in Southeast Asian Countries Support Graphite Electrodes Demand in Future?

Posted on July 18, 2019 0

The hype around graphite electrodes demand and prices that started in the latter half of 2017 due to supply-side structural changes in China seems to have subsided with GE demand exceeding supply in China and country’s subsequent exports of its produce to

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Chennai Vehicle Recycling Unit to Start Operations by Q2: Mahindra Accelo

Posted on July 13, 2019 0

Vehicle recycling is gaining momentum in India. The country’s first vehicle recycling facility was formed by a joint venture between Mahindra Accelo and MSTC Ltd, a Government of India enterprise. SteelMint, caught up with Mr. Vijay Arora, Vice President, Strategy, Operations and

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Indian Domestic Scrap Demand Likely to Double by 2030, Reveals Govt Policy

Posted on July 8, 2019 0

The Ministry of Steel has prepared a draft steel scrap policy, envisaging a framework to facilitate and promote the establishment of ferrous scrap/steel scrapping centres in India. Availability of right quality of scrap, in adequate quantity, is one of the critical factors

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India: Graphite India Likely to Slash Production Amid GE Market Slump

Posted on July 4, 2019 0

It seems that the slowdown in steel demand and plunge in graphite electrode (GE) prices over the past few months are hitting Indian electrodes manufacturers as, according to some market sources, there is news that Graphite India is contemplating production cuts. GE

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Bangladesh to Add 4 MnT Steel-Making Capacities in Next Few Years: BSRM

Posted on June 28, 2019 0

Bangladesh, one of the emerging steel markets in Asia, has been witnessing a rapid increase in steel production capacities since the last couple of years. Rising steel-making capacities are driving raw material imports like steel scrap, pig iron and DRI further. Bangladesh

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Mughal Steel to Raise Output, Eyes Infrastructure Growth

Posted on June 25, 2019 0

Mughal Iron & Steel Industries Ltd. is Pakistan’s largest steel producer and perhaps the largest importer of scrap as well. From a modest beginning as a trading company in 1950, it moved to steel production and today it plays a significant role

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Recent Posts

  • Vehicle Recycling in India Gains Pace with Recent Roll Out of Draft Policy
  • Supply Tightness Pushes Chinese Steel Scrap Prices to New High
  • India’s Largest Merchant Pig Iron Producer Staring at Shut-Down
  • What is compelling Iran to set up its own Graphite Electrodes Plant?
  • Will the EAF Steel Sector in Southeast Asian Countries Support Graphite Electrodes Demand in Future?

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