AD Ports Group, the operator of industrial cities and free zones, has signed a preliminary agreement with Brazil's mining industry major Vale, which produces iron ore and nickel, to develop a mega hub in Abu Dhabi for industrial complexes that produce low-carbon products for the steel industry.
26 May, 2023 - Special Correspondent
The steel industry body said that with strong momentum in infrastructure spending and sustained growth in urban consumption, steel demand in India would expand by 8-9 mt every year in the next two financial years, resulting in an expected growth of 7.5 per cent in 2023-24 and 6.3 per cent in 2024-25
26 May, 2023 - Special Correspondent
Dalian iron ore futures slid to the lowest in nearly six months on Thursday on expectations that China’s demand for the steelmaking ingredient will remain sluggish during the typical summer lull in domestic construction activity.
26 May, 2023 - Special Correspondent
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