Vietnam – one of the fastest growing steel markets in South East Asia has continued uptrend in crude steel production and ferrous scrap imports in 2018. As per released customs data, Vietnam imported 4,800,891 MT ferrous scrap in 2018 up 23% Y-o-Y
In late 2017, a crisis-like situation engulfed the steelmakers around the world that make steel through the Electric Arc Furnace (EAF) route due to shortage of graphite electrodes amid reforms in China’s steel sector, which further led to dramatic increase in the
New Delhi: India’s mine auctions are set to begin in July 2019 and conclude by December 2019, a landmark event wherein a quarter of the country’s iron and manganese ore resources will be up for sale for captive users and merchant miners.
World’s largest iron ore miner-Vale declared “Force Majeure” on some of its iron ore and pellet sales contracts on 5th Feb’19. This means company has suspended several iron ore and pellet contracts with buyers after the accident that has hit its production.
New Delhi – India’s largest iron ore producing state Odisha is likely to float tenders for auctioning dozens of mines and minerals blocks in the second half of this calendar year, as their mining leases are set to expire in 2020, a