Nucor, the largest steel producer in the US, announced a $60 per short ton increase in prices for thick-gauge rolled steel with the opening of its November order book. This was stated in a letter to customers published on September 29, according to SMU.
The national weighted average full cost for alumina in September was approximately RMB 3,002 per tonne, up RMB 15 per tonne month-on-month. The weighted average cash cost was approximately RMB 2,832 per tonne.
On Thursday, October 2, both LME aluminium cash bid price and LME aluminium official settlement price added USD 16.5 per tonne or 0.61 per cent to halt at USD 2,699.5 per tonne and USD 2,700 per tonne.
CIL subsidiaries, which registered a drop in production in September, are Bharat Coking Coal Ltd (BCCL), Central Coalfields Ltd (CCL), Western Coalfields Ltd (WC CL), and Mahanadi Coalfields Ltd (MCL).
03 Oct, 2025 - Special Correspondent
State-owned National Mineral Development Corporation (NDMC) reported iron ore production for September increased more than 23% at 3.75 million tonne from 3.04 MT a year earlier. Sales of the key raw material for steel were 9.60% higher at 3.88 MT (3.54 MT).
03 Oct, 2025 - Special Correspondent
Shares of steel companies Tata Steel, JSW Steel, Steel Authority of India (SAIL) and Jindal Stainless (JSL) rallied up to 4 per cent on the BSE in Friday’s intra-day trade on expectations of earnings improvement.
03 Oct, 2025 - Special Correspondent
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