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Mild Steel News Today

Latest Market News Of Mild Steel

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India's steel sector confronts growing coal risks

India's steel sector confronts growing coal risks

India's steel sector, 90% reliant on imported met coal, faces rising risks from Australia's supply due to financial, regulatory, and climate issues. Accelerating green hydrogen and scrap steel adoption is crucial for energy security.
IEEFA flags energy risk amid Australia coal issues

IEEFA flags energy risk amid Australia coal issues

India's energy security is at risk from Australian met coal supply issues, impacting its 90% import dependency for steel. With a 2030 target of 300 million tonnes crude steel, India must adopt alternative technologies to avoid shortfalls.
JSW Steel - JFE Deal: Will history repeat itself after 15 years?

JSW Steel - JFE Deal: Will history repeat itself after 15 years?

JFE Steel invests ₹15,750 crore in a 50:50 JV with JSW Steel for BPSL, cutting JSW's net debt by ₹37,000 crore. This builds on JFE's profitable 2010 investment, strengthening its Indian market position.
China SBC annual capacity to surpass 2.60 mln tonnes in 2025

China SBC annual capacity to surpass 2.60 mln tonnes in 2025

China's Styrenic Block Copolymer (SBC) industry capacity is projected to surpass 2.60 million tonnes by 2025, reflecting a 6.4% compound annual growth rate over five years, indicating significant scale development.
China's total PVC output to rise by 4.37% YoY in Jan-Nov

China's total PVC output to rise by 4.37% YoY in Jan-Nov

China's PVC output increased by 4.37% YoY in Jan-Nov, driven by rising capacity and high utilization. Despite weak domestic consumption, producers boosted exports to manage high supply pressure.
Union Minister Sarbananda Sonowal flags-off steel cutting of India's first Green Tug for Kandla's Deendayal Port Authority

Union Minister Sarbananda Sonowal flags-off steel cutting of India's first Green Tug for Kandla's Deendayal Port Authority

Union Minister Sarbananda Sonowal flagged off steel cutting for India's first 60-ton bollard pull All Electric Green Tug for Kandla's Deendayal Port. This marks a major step towards sustainable, zero-emission maritime operations and India's Net-Zero vision.
India increases iron ore imports amid shortage of high-quality raw materials

India increases iron ore imports amid shortage of high-quality raw materials

India's iron ore imports surged to a six-year high of over 10 million tons (Jan-Oct), more than doubling 2024 levels, driven by domestic high-grade ore shortages and lower global prices. Imports may exceed 11-12 million tons in FY2025/26.
JSW Steel announces ₹15,750 crore JV with JFE Steel for Bhushan Power and Steel; Stock tanks

JSW Steel announces ₹15,750 crore JV with JFE Steel for Bhushan Power and Steel; Stock tanks

JSW Steel and JFE Steel formed a 50:50 JV, with JFE investing ₹15,750 crore in JSW Kalinga Steel. The JV will expand Bhushan Power & Steel's capacity to 10 MT by 2030. JSW Steel's stock fell 4%.
India’s steel growth faces energy security risk as Australia’s met coal supply tightens: Study

India’s steel growth faces energy security risk as Australia’s met coal supply tightens: Study

India's steel growth (300 MTPA by 2030) faces energy security risks due to tightening Australian met coal supply, on which it relies for 90%. Australia's output is pressured by financial, legal, and climate factors, urging India to diversify.
India's January-October iron ore imports at six-year high, JSW Steel top buyer

India's January-October iron ore imports at six-year high, JSW Steel top buyer

India's Jan-Oct 2025 iron ore imports hit a six-year high of over 10 million tons, doubling from last year. JSW Steel was the top buyer, driven by high-grade ore shortages and lower global prices. Imports may exceed 11-12 million tons in FY26.

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