India’s steel industry faces great challenges in reducing impact of carbon emissions

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The Indian government said reducing the impact of carbon emissions is “one of the greatest challenges” for the steel industry, and called for collaboration among stakeholders to address the issue. Speaking at a webinar ‘By-Product Management for Indian Steel Industry’ organised by industry body FICCI, Steel Additional Secretary Rasika Chaube said it is important to […]

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MySteel Global – Higher costs eat up China blast furnace mills August margins

In August, China’s blast-furnace steel mills saw most of their steel margins squeezed by higher production costs especially with the multiple-year high imported iron ore prices, according to Mysteel’s latest monthly report. For rebar, the most popular long steel product in China, the average margin among the country’s 91 sampled mills plunged Yuan 43/t on month to merely Yuan 25/t on average, […]

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