According to an independent report, JSW Steel has set their eyes on acquiring coal mines in continents of Africa and North America (US and Canada) for diversifying its raw materials’ portfolio. One of India’s largest steelmakers is actively looking to acquire iron ore and coal mines in...

Rebar, the main steel product which drives any construction or infrastructure project or development activity across the world is currently witnessing its prices moving in different directions across the globe. While China is sensing the rebar prices going South, USA is raising its levels, EU is...

Bhushan Steel Limited, India major secondary steel manufacturer recorded a massive turnover of INR 11,000 crores in the FY-2013. Bhushan Steel is India’s third largest secondary steel producer with an existing steel production capacity of 4 million tons per annum. The company’s Odisha...

With just two days after OreTeam forecasted prices for rest of May and June to be ranged between USD122-126 per ton CFR, spot prices tumbled late last evening by USD 1.5 per ton on the back of a losing confidence by the traders in the market sentiment.

Baltic Dry Index slipped marginally on Thursday, as the declining panamax rates continued to weigh down the main index whose demand has taken severe hit following the conclusion of grain loading season in the Atlantic region. Main index closed at 828 points depicting a daily declining by a point.