Indian steel industry’s gross spreads per tonne for both hot rolled coil (HRC) and rebar is expected to fall in the second quarter of FY21 with a further fall in steel prices due to oversupply, said India Ratings and Research in a sector report

Shipments by stockholders and distributors of EU multi-product & proximity steel, including long steel construction products, fell 8.7% in January-April from the year-ago period, with only rebar shipments increasing, Eurometal said.

The iron ore price is project to drop to $55/t fob by the end of this year's final quarter, the Australian treasury said.

Western Australian (WA) iron ore developer Strike Resources plans to start shipping lump and fines from its Paulsens East iron ore project in the Pilbara next year.

Long steel producer Feralpi sees recovery on construction investments

US Steel to restart Gary Works blast furnace in August

Thriveni Earthmovers looking to be third-largest Indian iron ore exporter

Rio Tinto seeking solutions that transform heat from underground mines into electricity