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News
Indian steel prices set to rise further on coking coal costs, demand revival
4+ day, 20+ hour ago (388+ words) Indian steel prices are expected to rise further in the coming weeks as a post-monsoon pickup...of mills, executives and analysts said. Higher prices could help mills recover margins squeezed by surging...crude steel producer after China, marginally cut prices…...
LME to launch steel contract using Shanghai prices on October 27
4+ day, 3+ hour ago (217+ words) Metal Exchange will launch a steel contract using prices from its Shanghai counterpart on October 27, the...seeks greater influence over global commodity prices. The LME is owned by Hong Kong Exchanges and Clearing...
Indian steel mills face margin squeeze as global coking coal prices rise
3+ week, 4+ day ago (505+ words) mounting pressure on margins as higher coking coal prices, driven by supply disruptions in Australia and...strong economic growth. Premium hard coking coal prices jumped 25% from last year to average $236 per metric...market service, at consultancy CRU in Sydney. “Prices…...
Mexico starts anti-dumping investigation into Japan’s steel sheets
1+ week, 4+ day ago (159+ words) Mexico has started an anti-dumping investigation into imports of steel sheet originating in Japan, according to a resolution published early on Wednesday in the country’s official gazette. The investigation, accepted by the Mexican Ministry of Economy, was requested by Grupo…...