Chinese authorities have admonished key enterprises in the bulk commodity sector to rein in market irregularities and keep commodity prices stable, according to the National Development and Reform Commission (NDRC).

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 169.5 million tonnes (Mt) in April 2021, a 23.3% increase compared to April 2020.

The company's order intake increased by 14 percent year-on-year and reached 8.6 billion euros.

India's largest steel company cuts production by 10% due to epidemic

India's JSW Steel's crude steel production and capacity utilization rate decline in April

South Africa's ferrochrome exports increased by 45.1% in the first quarter

Market analysis says higher steel prices could also benefit decarbonization initiatives in the industry.

Producers in Meghalaya continue to deal with irregular power supply.