The Iron Ore market size was valued at USD 349.85 billion in 2023 and is projected to grow from USD 372.0 billion in 2024 to USD 498.64 billion by 2032, achieving a compound annual growth rate (CAGR) of 2.70% during the forecast period (2024–2032).
Aluminium prices closed up by 0.3% at Rs. 246.95, supported by concerns over shrinking stocks in LME-registered warehouses. Aluminium inventories in these warehouses have dropped 45% since May 2024, reaching 619,375 tons. The high proportion of cancelled warrants, nearly 60%
Odisha Chief Minister Mohan Charan Majhi unveiled plans on Tuesday for a significant development in Keonjhar district with the signing of a Memorandum of Understanding (MoU) for a mega steel plant.
15 Jan, 2025 - Special CorrespondentThe country’s iron-ore exports for the nine-month-period (9MFY25) saw a near 30 percent drop y-o-y with shipments slowing down to 22.67 million tonnes.
15 Jan, 2025 - Special CorrespondentMalaysia has imposed provisional anti-dumping duties on some exports of flat-rolled iron products or non-alloy steel from China, India, Japan and South Korea, the trade ministry said.
15 Jan, 2025 - Special Correspondent