20 Feb 17
|Govt extends anti-dumping duty on steel pipes, tubes from China|
India has extended anti-dumping duty on import of certain steel products from China for five years with an aim to protect domestic players from the cheap shipments.
17 Feb 17
|Iran's delay in resumption of imports to hinder Basmati exports' recovery|
Delay in the resumption of imports by Iran is likely to hinder the recovery in Basmati exports from India, a report said.
15 Feb 17
|Steel rebound hope fading as China's property market slows|
Steelmakers aren’t out of the woods yet. A year-long resurgence risks fading as a slowdown in China’s property market deepens, exposing bullish sentiment as overblown, according to a US-based hedge fund manager and former Citigroup analyst.
06 Jan 17
|Domestic steel production rises as sales pick up|
With domestic steel makers witnessing increased production in the current financial year, the demand scenario, both domestic and exports, seems to be in a pick-up mode.
28 Dec 16
|Aluminium makers ask for cushion against imports|
Domestic aluminium producers have asked the government to introduce minimum import price (MIP) to check cheap imports of unwrought aluminium and scrap from China and West Asia.
07 Dec 16
|Base metals resume bull ride|
With the worst behind, and prices of zinc, aluminium, and other base metals rebounding from 2016 lows, manufacturers are benefiting. Importantly, analysts see further increase in zinc and iron ore prices, and expect aluminium prices to remain firm.
|Steel firms hike prices by Rs 3,000 per tonne|
Steel companies have increased prices by up to Rs 3,000 a tonne effective December, on the back of a surge in coking coal prices.
30 Nov 16
|Rising zinc price to hit profitability of galvanized steel producers|
Rising zinc prices have impacted the profitability of galvanised steel producers hard because of their inability to pass the spurt in production cost on to consumers due to weak demand.
29 Nov 16
|China-driven rally sends zinc, lead to multi-year peaks|
Zinc soared to a nine-year high on Monday and lead hit a five-year peak as reports of more infrastructure investment in China and signs of strong property investment in the world's top metals user sparked heavy buying.
25 Nov 16
|Traders cut positions on MCX due to policy uncertainty|
Open interest in non-farm commodities on the Multi Commodity Exchange (MCX) has declined sharply in the last three weeks following uncertainty over global economic indicators.
|Rio Tinto to cut iron ore volumes|
Rio Tinto Group said it's prepared to cut iron ore output if that'll improve cashflow, signaling a major step back from the industry's decade-long strategy to keep pumping ever-expanding supply onto the global market.
|Govt imposes safeguard duties on some steel imports|
As in the case of hot rolled coils, the safeguard duty would be tapering, with the peak duty being 10%.