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India's Kirloskar Ferrous merges subsidiary ISMTL with itself

Indian casting as well as pig iron manufacturer Kirloskar Ferrous Industries Limited (KFIL) has actually introduced the merging of its subsidiary Indian Seamless Metal Tubes Limited (ISMTL) with itself, a company statement stated on Tuesday,...


IREPAS: Longs market overview unstable as well as unfavorable for Q4, leads for early 2023 gloomy

International demand for lengthy items has actually been incredibly low just recently, while the competitors among distributors has actually been high, though relying on the area. Primarily, the demand quantity is lower than the readily avai...


Vale indications Middle East pacts to progress steelmaking raw floor coverings

The agreements, authorized with Saudi Arabia, the United Arab Emirates and Oman, will likely see Vale build and operate concentration and also briquetting plants within what Vale calls "Huge Hubs," offering secure supply of state-of-the-art...


Colombia's iron and steel export volume up 40.2 percent in Jan-Sept

In the January-September period this year, Colombia exported 110,903 mt of ferronickel, up 35.7 percent, with a value of $744.80 million, rising by 94.4 percent, both year on year, as introduced by the Colombian National Administrative Depar...


Automotive sales in Turkey down 4.7 percent in January-October

In October this year, sales of passenger autos and also light business vehicles in Turkey increased by 14.9 percent year on year as well as by 5.1 percent month on month to 65,222 devices, according to the statistics released by the Turkish...


Nanjing Steel's net earnings down 43.02 percent in Jan-Sept

Jiangsu province-based Chinese steelmaker Nanjing Iron and Steel Co., Ltd (Nanjing Steel) has actually introduced that it signed up an operating income of RMB 52.645 billion ($7.31 billion) in the initial 9 months this year, down 11.99 perce...


India's NMDC Limited attains iron ore outcome development of 6% in October, sales down 14%.

India state-run iron ore miner NMDC Limited accomplished production of 3.53 million mt in October this year, up six percent year on year, and also sales of 3.09 million mt, a decline of 14 percent year on year, a company governing filing sta...


Ukraine's Metinvest operating at 30-50% of it pre-war capability

Yuriy Ryzhenkov, Chief Executive Officer of Ukrainian mining as well as steel generating team Metinvest, has actually specified that the company is currently operating at 30-50 percent of its pre-war capacity.At present, Black Sea ports are...


Chongqing Steel sees net loss of RMB 788 million in July-Sept

Chongqing-based Chinese steelmaker Chongqing Iron and also Steel has released its financial record for the July-September duration this year, announcing that it registered an operating profits of RMB 7.6499 billion ($ 1.06 billion) in the pr...


China's unique bonds reach RMB 3.97 trillion in January-October

China's Ministry of Money (MOF) has actually announced that in the existing year up to October 31 China provided RMB 3.97 trillion ($0.55 trillion) of brand-new special bonds.In specific, in the month of October the brand-new unique bonds re...