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China Taiyuan coal transaction price index down 0.04 pct
China Taiyuan coal transaction price index stood at 133.11 points Monday, down 0.04 percent week on week. |
AISI Publishes Two New Cold-Formed Steel Framing Test Standards
In the week ending on March 14, 2020, US domestic raw steel production was 1,878,000 net tons while the capability utilization rate was 80.5 percent. |
Ministry: 168,000 potential work safety issues rectified
Over 20,000 safety guidance groups across the country have inspected 223,000 enterprises and rectified 168,000 potential problems as of now to ensure the safety of the resumption of production and work, an official with the Ministry of Emergency Management sai... |
China's iron and steel industry maintains steady growth
China's iron and steel sector saw overall stable growth in 2019, as the continued effort in cutting overcapacity filtered through, data showed. |
Tata Steel Suspends All Business Travel of Employees over Coronavirus
In view of COVID-19 being reported in several cities, Tata Steel has been decided to suspend all domestic travel on company business with immediate effect as a measure of abundant precaution. |
US Federal Reserve Cuts Rates to Zero as Coronavirus Spreads
US Federal Reserve announced that it is dropping its benchmark interest rate to zero and launching a new round of quantitative easing entailing USD 700 billion worth of asset purchases of Treasurys and mortgage-backed securities. |
European steelmakers don't expect new energy contracts yet, despite oil slump
European steelmakers don't expect any immediate renegotiations of their energy supply contracts, even though oil prices have tumbled 45% since the start of the year and energy prices are at multi-year lows in markets overshadowed by coronavirus, industry assoc... |
Corona Virus Impact on Automobile Industry in India
Manufacturers are exploring alternatives to fulfil their supply chain demands but that would also take a substantial amount of time to reach stable production scale as these components would need regulatory testing, reiterated Mr Wadhera. |
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