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China has abruptly suspended its system for approving new steel plants, as the government responds to a deep demand slump that’s crushed industry profits and fueled a surge of exports.
Tata Steel concluded the trading session with a closing price of Rs 154.14, reflecting a notable increase of 1.47% from the previous day. This upward movement in share price indicates a positive ...
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LAUNCESTON, Australia, Aug 20 (Reuters) - China's steel output slumped in July and is likely to continue to fall in coming months as mills struggle for profits amid sluggish demand and look to ...
In 2023-24, steel imports surged 38% at 8.3mt outpacing exports which grew 11.5% at 7.5mt making India a net importer for the first time since 2018-19. Steel prices in India have fallen to a three ...
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The property downturn and weaker factory activity in China ravaged domestic steel demand this year, prices plunged to multiyear lows and mills racked up losses China’s steel industry is facing a ...
The first money from a £100m fund to help workers and firms affected by restructuring plans at Tata's Port Talbot steel plant is being released, UK ministers have announced. Tata closed one of ...