Indian steel mills raise red flag over rising imports
Indian Steel Association — an industry body of India’s steel makers including SAIL, Tata Steel, JSW, JSPL and others — has flagged the issue of rising imports, especially from countries like Japan and Korea, impacting steel price and demand both within the country and across key export markets. Imports during the April to December period increased […]
With pricier Australian coking coal, steel mills turn towards Russia, Indonesia
India‘s steel mills have substituted “costlier” Australian coking coal with alternatives, mostly from Indonesia, Russia and the USA. The three countries have gained the most with supplies increasing by 187 per cent, 138 per cent and 163 per cent, respectively, for the April-November period.Imports from Australia dropped over 18 per cent for the eight-month-period to […]