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Mild Steel News Today

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Import curbs on low ash met coke push up steel prices in India: GTRI

Import curbs on low ash met coke push up steel prices in India: GTRI

Import curbs on Low Ash Met Coke, 35-40% of steel costs, are raising Indian steel prices by 3-5%. QRs limit imports to 1.4 million tonnes/half-year, with duties up to $120/tonne. GTRI urges lifting quotas and recalculating duties.
Global iron ore prices poised to drop a tad in 2026

Global iron ore prices poised to drop a tad in 2026

Global iron ore prices are forecast to decline modestly to $85/tonne in 2026 due to weak demand and higher production. India's output is projected to reach 290 mt this year, growing to 375 mt by 2034.
India Imposes Anti-Dumping Duty On Chinese Steel And Refrigerant Gas Imports

India Imposes Anti-Dumping Duty On Chinese Steel And Refrigerant Gas Imports

India imposed anti-dumping duties on Chinese steel ($223.82-$415/tonne) and refrigerant gas (up to $5,251/tonne) for five years. This move aims to protect domestic industries from cheap imports.
Dalian iron ore ends higher on China property sector hopes

Dalian iron ore ends higher on China property sector hopes

Dalian iron ore futures finished higher on Wednesday, buoyed by China's property sector stabilization plans. This positive sentiment outweighed pressure from a decline in global crude steel output, leading to a session of directionless trading.
Iron ore slips as mill maintenance, rising China port stocks weigh

Iron ore slips as mill maintenance, rising China port stocks weigh

Iron ore futures prices closed lower on Tuesday, weighed by steel mills undergoing annual furnace maintenance and rising Chinese port inventories, reflecting market pressure.
China PX imports inch down 0.98% MoM in Nov 2025

China PX imports inch down 0.98% MoM in Nov 2025

China's PX imports in Nov 2025 decreased 0.98% MoM to 816,809 tonnes, a drop of 8,104 tonnes. This decline was attributed to weak downstream demand, particularly from the textile industry.
India’s medical and scientific equipment imports reach USD 2.5B

India’s medical and scientific equipment imports reach USD 2.5B

India's medical and scientific equipment imports hit $2.5 billion. The trade deficit with China is projected to reach $106 billion by 2025, with plastics imports at $6.3 billion and steel products at $4.6 billion.
Slow European construction activity weighs on petrochemical, steel, cement demand

Slow European construction activity weighs on petrochemical, steel, cement demand

Slow European construction in Q4 2025 weighed on petrochemicals (PVC Eur780/mt, PE Eur1,050/mt), steel (rebar Eur580/mt), and cement demand. Q1 2026 outlook is bleak, though CBAM and German infrastructure fund offer some 2026 optimism.
Indias core sector grows at 1.8% in Nov; cement, steel, fertiliser and coal in positive territory

Indias core sector grows at 1.8% in Nov; cement, steel, fertiliser and coal in positive territory

India's core sector grew 1.8% in November. Cement led with 14.5% growth, followed by steel (6.1%), fertiliser (5.6%), and coal (2.1%). Crude oil, natural gas, refinery products, and electricity declined.
Alleima expands product capabilities at Mehsana plant in India for urea industry

Alleima expands product capabilities at Mehsana plant in India for urea industry

Alleima expanded its Mehsana, India plant, launching local production of SAF 2906 and SAF 3006 high-performance stainless steel for the urea and chemical industries. This 180 MSEK investment supports India's industrial self-reliance and energy transition.

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