Tata Steel, an Indian steel producer, plans to double the steel capacity of its existing plants in Orissa and Jarkand to 40 million tons a year, the Economic Times reported.

In addition, expectations that the US dollar will further depreciate are adding to the buoyancy in the market, they said.

On a year-on-year basis, PPI rose 0.3% in January.

In the early 1990s, from an aircraft descending into Beijing, I looked down upon a landscape of heavy industry stretching along a mountain-lined valley.

"Both countries have amazing smart people in the younger generation that would be proud to be part of this," Gates said.

The price of Q235 high-speed wire rod is increased by 100 yuan.

From January to December 2020, China's total imports of steel products was 20.233 million tons.

For the construction of highways, the Modi government has allowed the usage of steel produced by secondary steel makers.