India: Sponge iron prices drop by up to INR 550/t on soft steel demand
Billet prices fall by INR 50-500/t. Spot trade volumes increase d-o-d.
Apr 11, 2024 13:00
India's sponge iron production rises 17% y-o-y in CY'23
Indian crude steel production up 11%, where as IF-EAF route registered 13% growth. Domestic scrap generation affected due to GST crackdown. Sponge iron exports rise over 30% y-o-y.
Jan 25, 2024 08:30
CONF: China's iron ore imports to plunge 64% by 2050
China's iron ore imports are expected to reduce by a huge 64% from 2022's 1.11 billion tonnes to 400 million tonnes by 2050, and the main force behind the plummet will be an optimization in the structure of steelmaking raw materials during a low-carbon era, according to Lei Pingxi, chief
Nov 17, 2023 10:15
Chinese mills eye DRI for their low-carbon future
Since the middle of this year, leading Chinese steel group Hebei Iron and Steel Group (HBIS) has been supplying its ultra-low carbon emission and low-carbon automotive steel to the Shenyang plant of German automaker BMW in northeast China's Liaoning province. The sheet, developed and produced by HBI
Oct 26, 2023 17:30
India: High quality DRI can help maximise furnace productivity
Controlled charging, optimising batch size key to boosting productivity.Temperature control, accurate alloying ensure better steel quality.
Jun 27, 2023 10:00
India's sponge iron production rises 12% in FY23
Higher crude steel, pellet output boost production. Exports may offer additional support going forward. Further capacity additions under way.
May 04, 2023 08:30
Kobe Steel to supply first 100% hydrogen DRI plant in Sweden
Japan's third-largest integrated steel producer and plant builder Kobe Steel's 100% subsidiary Midrex Technologies in North Carolina in the U.S., has signed a contract with Paul Wurth S.A, a Luxembourg-based engineering company, to supply the world's first commercial 100% hydrogen direct reduced iro
Oct 13, 2022 11:00
India: Margins of induction furnaces remain supportive
Conversion spread (margins) of Indian induction or EA furnaces have increased by INR 2,000-2,500/t($ 14-21) since May'20.
Jun 18, 2020 10:00
China's Nov export statistics of metallurgical products
Edited by www.mysteel.net
Dec 29, 2017 15:52
Reduced iron powder prices: East China
Reduced iron powder prices: Northeast China
Reduced iron powder prices: Central China
Steelmaking sponge iron prices: China
Reduced iron powder prices: North China