India's coking coal imports rose to a four-month high in January as competitive premium hard coking coal prices bolstered year-end buying interest.

The company's saleable iron ore production remained flat against the previous year at 5.4mn t during 2022-23.

Minister Bahlil Lahadalia said in a video statement Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with Vale, Ford, Huayou.

Shengtak New Material Co., Ltd: In the first quarter, the sales volume of stainless steel products increased by 53.03% year-on-year.

VSA: Steel demand in Vietnam will grow by 1-2% year on year in 2023

A key steel product with a significant import increase in February compared to January was line pipe (up 35%).

The company also raised its minimum hot rolled coil (HRC) price to $1,300/st.

ArcelorMittal had planned to offset the shortfall in slab from Gijon with Dunkirk material, but may need to alter this plan.