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NMDC reduces iron ore prices

India India

India's largest iron ore producer and exporter, National Mineral Development Corporation (NMDC), has announced a price cut of INR 500-600 (USD 5.83-7) per ton, according to a stock exchange filing. Following the…

JSW Steel Salem modernizes meltshop in Tamil Nadu

India India

Primetals Technologies has secured a contract from JSW Steel's Salem Works in Tamil Nadu, India, to implement advanced process optimization solutions as part of a major digitalization upgrade. The project includes Level…

Iron ore futures decline on weak demand outlook

China China

Iron ore futures fell on Tuesday as market sentiment remained cautious amid an uncertain demand outlook. Concerns over demand were heightened by rumors that some Chinese cities may introduce steel production cuts for…

Finished steel imports decline in Apr-May 2025

India India

India's finished steel imports fell 27.6pct YoY in the first two months of the current financial year (April-May), driven by sharp declines in shipments from China and Japan, according to provisional government data…

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