Seaborne iron ore prices are set to climb to as much as $150 per ton in the first half of 2024, according to analysts who have lifted their estimates on expectations of increased demand in China after recent stimulus measures.
Aluminium prices remained unchanged at 203.45, as global primary aluminium output in October increased by 3.9% YoY to 6.116 million tonnes, according to data from the International Aluminium Institute (IAI). China's primary aluminium imports
Odisha greenlights multiple projects worth INR 84,918.75 crore, including a 0.72 MMTPA green ammonia plant and Tata Steel's 6.50 MTPA HR & CR Coilplant. These ventures span steel, renewable energy, textiles, and more, aiming to generate jobs for 42,281 individuals across sectors29 Nov, 2023 - Special Correspondent
The ministry of coal has reported a surge in production from captive and commercial coal mines, with output reaching approximately 80 million tonne (MT) from April 1 to November 20, 2023, registering a year-over-year growth of 23%.29 Nov, 2023 - Special Correspondent
Tata Steel Ltd, JSW Steel Ltd, Steel Authority of India Ltd saw their stock prices rise more than 1% in morning trades on Wednesday. Jindal Steel and Power Ltd stock prices, however, remained muted. The analysts say that while steel demand in the country remains strong being supported by governments29 Nov, 2023 - Special Correspondent