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Imports of iron ore and pellets into India have reached an 11-year high – BigMint
2+ day, 21+ hour ago (266+ words) News Global Market India Print 119 10 September 2026 In August 2026, imports of iron ore and pellets into India rose to 2.22 million tonnes, the highest figure in the last 11 years. This was reported by BigMint. The key factors behind the sharp rise in…...
MagIron targets two million mt of US merchant pig iron production
2+ day, 21+ hour ago (428+ words) US-based iron ore company MagIron is advancing plans to establish large-scale domestic merchant pig iron production with an annual capacity of approximately 2 million mt, following the completion of a concept and economic study by UK-based plantmaker Primetals Technologies. The study…...
LME to launch steel contract using Shanghai prices on October 27
3+ day, 15+ hour ago (373+ words) The London Metal Exchange will launch a steel contract using prices from its Shanghai counterpart on October 27, the LME said on Wednesday, advancing China’s drive to expand its influence over global commodity pricing. The LME announced a landmark agreement with…...
UK engineering firm Primetals confirms three viable pig iron production routes for US-based MagIron
3+ day, 22+ hour ago (449+ words) UK-headquartered Primetals Technologies has completed a concept and economic study for US-based MagIron that evaluates the development of large-scale granulated pig iron production to be integrated with MagIron’s existing facilities. The study evaluated three alternative production routes: MIDREX Flex direct…...
Breakthrough tech can extract idle iron ore reserves
4+ day, 4+ hour ago (585+ words) A breakthrough technology that converts hard-to-process iron ore into high-grade concentrate has been deployed at the world's largest such facility in Anshan, Liaoning province, marking a major milestone in China's efforts to reduce its reliance on imported iron ore. Construction…...
This founder is making cheaper, cleaner steel
4+ day, 19+ hour ago (462+ words) Laureen Meroueh developed a method that cuts the costs—and the emissions—of steelmaking. The steel industry isn’t exactly known for innovation. Very little has changed about purifying iron ore since the process was invented and commercialized in the 1850s. The…...
Steel prices set to rise further on coking coal costs, demand revival | Industry News
4+ day, 21+ hour ago (358+ words) Higher prices could help mills recover margins squeezed by surging coking coal costs, but infrastructure, construction and auto companies face higher input costs just as demand picks up Indian steel prices are expected to rise further in the coming weeks…...
Steelmakers squeezed by higher costs, weak demand
1+ week, 2+ day ago (602+ words) Local steelmakers are facing higher production costs just as construction demand remains weak, forcing mills to offer discounts to keep sales moving. The price of 60-grade mild steel (MS) rod, widely used in construction, has risen to Tk 92,500-Tk 94,500 per…...
Fitch: Indian Steel Producers Stable Amid Rising Costs
1+ week, 4+ day ago (294+ words) Whalesbook Fitch Ratings has released an assessment highlighting the resilience of Indian steel manufacturers in the current global environment Despite rising energy and coking coal costs caused by supply shocks, domestic steelmakers have managed to protect their profit margins This…...
Andhra Pradesh: AKPL Sets New Record With 195,128 MT Iron Ore Import
2+ week, 14+ hour ago (162+ words) NELLORE: Adani Krishnapatnam Port Limited (AKPL) has set a new record by handling its highest-ever iron ore import parcel of 195,128 MT, after safely berthing and discharging the Capesize vessel MV Mineral Deutschland on August 27. The latest handling surpassed the previous…...