Hebei province, China's leading producer of iron and steel, will continue with huge overcapacity cuts in 2020 amid an ongoing industrial upgrading, its governor Xu Qin announced Tuesday.
Indian steel industry has welcomed Indian Government’s decision to promulgate an ordinance to open up coal mining in the country to non coal companies.
For the third quarter ended December 2019, JSPL recorded a growth of 30 per cent in sales at 1.66 million tonnes as against 1.27 million tonnes in the same period last year.
Since the New Year, the prices of raw materials are stable except metal calcium wire rose slightly and will not fluctuate significantly. Cold rolled strip steel, which ups and downs frequently, has been stabilized too. Most of the cold rolled strip steel manuf...