The total energy consumption by the participating companies in February decreased by 3.1% y/y. The total energy consumption (electricity, gas, coal, etc.) per tonne of steel decreased by 1.7% y/y, and the comparable energy consumption by 3.5%. At the same time,
India surpassed the one billion tonne mark in coal production on March 20, 2025, during the financial year 2024–25, the coal ministry said. The production milestone was achieved 11 days ahead of last fiscal year’s total output of 997.83 million tonnes.
According to the General Administration of Customs of China, in January 2025, China's bauxite imports reached 16.21 million metric tonnes, marking an 8.23 per cent increase month-on-month and a 23.31 per cent rise year-on-year. In February, bauxite imports were reported at 14.41 million tonnes
The Indian steel sector, though deregulated, is shaped by market dynamics of demand and supply. To boost domestic production and reduce dependency on imports, the Government of India has implemented key policies that support steel manufacturers, including SMEs.
24 Mar, 2025 - Special Correspondent
Spot offers for imported Fe 62% ore in China rose to $104/t CFR Qingdao on March 18, up from $100/t on March 6, according to Kallanish. This brings the quotes back to the level seen at the beginning of the year.
24 Mar, 2025 - Special Correspondent
Indian stock market: Metal stocks have become hot picks for investors amid the March rebound rally on Dalal Street, driven by multiple positive domestic and global factors, and outpaced the impact of the 25% tariffs on steel and aluminium announced by the Donald Trump administration.
24 Mar, 2025 - Special Correspondent
Subscribe now to get notified about exclusive offers from ISR Infomedia every week!
User Login / Sign up
