India has been consistently increasing its domestic production of steel and is a net exporter in the current financial year, Union Petroleum and Natural Gas Minister Dharmendra Pradhan said on Monday.

"Meanwhile some Chinese enterprises specialized in steel and others are interested in the Egyptian market and related projects under discussion".

The iron ore options started trading at the Dalian Commodity Exchange (DCE) on Monday.

CISA data showed their member companies have seen a 32 percent drop in profits.

In its initial stage, the railway will have 77 stations and allow trains to travel at 120 km per hour.

According to official data, share of imports of finished steel from FTA countries such as Korea, Japan and...

FeV prices fall on spot sales down in Western market A few spot FeV sales in the US and Europe indicated lower prices. A US mill reportedly purchased 10,000 lb at $14.65 per lb. A trader said he had lost an even smaller business at below $14.60. In Europe,...

"I think steel touches all parts of the economy..."