India’s crude steel output falls by 1% to 9.412 million tonnes in March 2019: worldsteel

India’s crude steel production fell by 1 per cent to 9.412 million tonnes uring March 2019, according to World Steel Association’s (worldsteel) report. India had produced 9.506 million tonnes crude steel during the same month a year ago, the global steel industry body said in its latest report. India produced 9.412 million tonnes crude steel […]

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International Grains Council raises forecasts for 2019-20 world wheat, corn crops

The International Grains Council (IGC) has raised its forecasts for world wheat and corn production in the 2019/2020 season. The 2019-20 projections indicate a return to the bearish combination of rising production and stocks last experienced in 2017-18. The inter-governmental body, in a monthly update, increased its global wheat crop forecast by 3 million tonnes […]

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Trade barriers on peas to continue in India after court upholds government notification

The import restriction on all varieties of peas would continue till September 30, the Directorate General of Foreign Trade (DGFT) said, a day after the withdrawal of restriction on import of peas. The day-old notification of the DGFT was reversed following an order of the Madras High Court, which upheld the DGFT notification, dated April […]

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Outlook for global grains production raised; spike in US, Ukraine outweigh cuts in EU, Australia – IGC

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The International Grains Council (IGC) has raised its forecast for total grains production in 2018-19 to 2,063 million tonnes, up from 2,059 million tonnes in July but down from 2,092 million tonnes forecast for 2017-18. Total grains consumption is forecast at 2,129 million tonnes, up from 2,128 million tonnes in July and compared with 2,107 […]

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Combined wheat output in Russia, Ukraine and the EU seen at five-year low on poor weather conditions

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Combined wheat production in the European Union, Russia, and Ukraine is forecast down 12 percent from last year to the lowest level in 5 years, the U.S. Department of Agriculture (USDA) said on Friday. It said in its latest monthly production report that the EU wheat crop is down 9 percent from last year on […]

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