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More than 2,800 jobs to be axed as Tata Steel plans to close Port Talbot furnances

More than 2,800 jobs will be axed as Tata Steel plans to close its blast furnaces at the Port Talbot plant in South Wales in the UK. Photograph: Phil Noble/Reuters Of the total job cuts, 2,500......

Strong domestic demand, raw material cost, pushing up steel prices

Strong demand in the domestic market, coupled with an increase in raw material prices, is pushing up steel prices. Photograph: Babu/Reuters According to SteelMint, a market intelligence and price......

Steel firms prep for festivals, see demand by auto, consumer goods sectors

The festive season will mean business for the steel industry as it is the time when automotive and consumer appliance companies bump up demand to prepare for higher sales, experts have said.......

Sentiment turns stronger for steel stocks

Industrial metals (ferrous and non-ferrous) suffered great volatility once the Ukraine War began in February 2022. Photograph: Babu/Reuters First, there was a sharp price rise due to fears of......

Indian steel sector flags Chinese imports, wants 'trade distortions' fixed

Worried by a spike in Chinese imports, the Indian Steel Association (ISA) plans to take up the matter with the government and seek measures to fix "trade distortions". Photograph: Amit......

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Hot Rolled Coil

News for Hot Rolled Coil

More than 2,800 jobs to be axed as Tata Steel plans to close Port Talbot furnances

Strong domestic demand, raw material cost, pushing up steel prices

Steel firms prep for festivals, see demand by auto, consumer goods sectors

Sentiment turns stronger for steel stocks

Indian steel sector flags Chinese imports, wants 'trade distortions' fixed

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