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India's top mining, steel groups warn of adverse impact from export duty hikes
NEW DELHI - The increase in export taxes on iron ore, announced by the Indian government over the weekend, will lead to large surpluses at home, and mainly hit producers of low grade ores that depend on overseas markets, a mining industry body said on Monday. |
Africa’s domestic mining sector not severely impacted by sanctions against Russia – report
Africa’s domestic mining sector not severely impacted by sanctions against Russia – report |
Use of Vanadium in Indian Steel Industry: Time for India to transit from R&D stage to Production
Use of Vanadium in Indian Steel Industry: Time for India to transit from R&D stage to Production |
Nucor buying overhead door company
Nucor is spending $3bn to acquire CHI Overhead Doors from investment fund Kohlberg Kravis Roberts, the company said. |
Seaborne-portside iron ore markets to coexist: Rio, BHP
The Argus 62pc index stood at $129.10/dmt on 17 May, down by 40pc on the year. |
Metals demand to rise on climate change efforts: Rio
UK-Australia resources firm Rio Tinto expects to benefit from an increased demand for metals and minerals needed to tackle climate change. |
Steel firms tap innovation to achieve carbon goals
Industry ramps up efforts for technological upgrades, intelligent and green manufacturing transformation. |
US HRC: Prices drop, market limited
US hot rolled coil (HRC) prices took their largest fall today since the beginning of February as mills continued to lower prices and buyers pushed for steeper discounts. |
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