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Iron ore prices are expected to remain volatile in the short term – Shanghai Metals Market

Iron ore prices are expected to remain volatile in the short term – Shanghai Metals Market

Iron ore futures closed at 762.5 yuan/mt, down 0.07%. Spot prices rose by 4 yuan/mt. Market activity was moderate, with cautious steel mill inquiries, suggesting continued short-term volatility.
Why decarbonising steel industry is economic and environmental necessity for India

Why decarbonising steel industry is economic and environmental necessity for India

Explore India's journey towards green steel under the EU Free Trade Agreement, focusing on decarbonization, technology adoption, and the impacts of carbon border mechanisms on steel exports. Discover the challenges and future of sustainable manufacturing in India.
PM Modi highlights how carbon capture can power India’s next steel revolution

PM Modi highlights how carbon capture can power India’s next steel revolution

PM Modi highlighted carbon capture for India's steel revolution, targeting 300 MT crude steel by FY 2030-31 and Net Zero by 2070. With steel contributing 10-12% of GHG, Rs 20,000 crore is allocated for CCUS in five sectors, including steel.
Carbon capture can power India’s next steel revolution

Carbon capture can power India’s next steel revolution

India is undertaking a transformative journey towards sustainable and resilient industrial growth.
Indian Railways trials stainless steel containers for bulk salt transport

Indian Railways trials stainless steel containers for bulk salt transport

Indian Railways successfully trialed stainless steel containers for bulk salt transport in Ahmedabad division. This aims to cut corrosion, reduce maintenance, and improve freight turnaround efficiency, setting a new benchmark in freight handling.
Trichy junction RoB stage II finally open by June

Trichy junction RoB stage II finally open by June

Trichy junction RoB Stage II is set to open by June after missed deadlines. Highways and Southern Railway are expediting work, including procuring steel girders. Assembling one of two spans will take 50 days.
Iron Ore Stabilizes on Policy Support Hopes

Iron Ore Stabilizes on Policy Support Hopes

Iron ore futures steadied above CNY 760 per ton after recent lows, supported by China's central bank pledging financial backing to boost domestic demand. This policy support offers hope for market stability.
Nickel market uncertain due to Indonesian RKAB delays and Philippine weather risks

Nickel market uncertain due to Indonesian RKAB delays and Philippine weather risks

Nickel market faces uncertainty from Indonesian RKAB delays and Philippine weather, raising Q2 supply shortage fears. Strong new energy demand contrasts with high costs for stainless steel and NPI, potentially causing Q2 production cutbacks.
Indian Railways conducts first successful trial of stainless steel containers for salt loading

Indian Railways conducts first successful trial of stainless steel containers for salt loading

The move is seen as a step towards safer, faster and more modern freight operations.
Tata Steel's management says safeguard duty places industry on stronger stead

Tata Steel's management says safeguard duty places industry on stronger stead

The management said that the company plans to make more investments towards downstream facilities in India, as it plans to expand its market share in its new India-first strategy

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