According to data released by the International Stainless Steel Forum (ISSF), the global stainless steel output amounted to 10.2 million tons in January-March, rising by 6.1% quarter on quarter and increasing by 6.8% year on year.

China's Baoshan Iron and Steel (Baosteel) said on Friday it will keep its major product prices for August delivery unchanged from July.

South Africa's striking NUMSA union said on Tuesday it would take the latest offer from the main employers' group to its members on Wednesday, possibly ending a week-old stoppage that has hit car manufacturers.

The National Energy Regulator of South Africa (NERSA) has confirmed that the electricity price increase for 2014/15 will be 7% from 1 July 2014. In light of the continuing rise in energy tariffs, it is becoming increasingly important for enterprises and busin...

Low capacity utilization of two subsidiaries of State-owned IDCOL (Industrial Development Corporation of Odisha Limited) has resulted in production loss of `134 crore during 2008-2013.

Production from the first furnace at the Lion ferrochrome complex Phase 2 (Lion II) expansion project, in Limpopo, South Africa, which is owned by the Glencore-Merafe chrome joint venture (JV), started on April 6, 2014.

Tata Steel Ltd’s chromium mine in Odisha must remain shut till 10 July when a case filed by its competitor for redistribution of the mine comes up for its next hearing, according to an Odisha high court order reviewed by Mint.

About 3,000 to 4,000 tonnes of chromite concentrate will be processed each day using electric arc furnaces to produce between 1,250 and 1,750 tonnes of ferrochrome. The mine is expected to have a lifespan of 30 years.