Raw Material• Mining.com
Germany seeks total ban on Russian steel
Germany urges the EU to end all Russian steel imports, including slabs, by closing sanctions loopholes and supporting EU mills.
Raw Material News
Raw Material
Raw Material• Business Standard
China’s Steel Production Slumps in May, Pressuring Iron Ore Prices
China’s crude steel output dropped 6.9% in May, dragging iron ore futures lower as weak housing and industrial demand persist despite modest retail strength—signalling global commodity market volatility.
Raw Material• Steel Orbis
GPIL Maintains Stable Pellet and Iron Ore Output in FY 2024-25
GPIL Maintains Almost Stable Pellet and Iron Ore Output in FY 2024-25
Raw Material• Steel Orbis
India Sees 9% Drop in Coking Coal Import Traffic in FY25
India’s coking coal port traffic dipped 9% in FY25 due to lower steel demand, cost concerns, and greater reliance on domestic coal.
Raw Material• Business Standard
Jindal Steel and Power, Western Coalfields Win 11th Auction of Coal Mines
Jindal Steel & Power and Western Coalfields win coal mines in India's 11th auction, strengthening domestic coal supply and boosting steel and power production.
Raw Material• GMK Centre
Ukrainian Railways Reports Strong Iron Ore Export Volumes in Early 2025
Ukrainian Railways moved 6.1 million tons of iron ore for export in January-February, driven by improved logistics and strong global demand.
Raw Material• Steel Orbis
Coking Coal Imports Slip 9% at Indian Ports in FY 2024-25
India’s coking coal import port traffic dropped 9% in April-Feb FY25 due to lower steel production and increased use of domestic coal reserves.
Raw Material• The Hindu BusinessLine
India’s Steel Giants Face Import Challenges Despite Strong Demand
India’s steel industry faces import pressure despite strong demand. Calls for policy support grow as firms focus on efficiency, green steel, and innovation to stay competitive in the evolving market.
Raw Material• Reuters
Iron Ore Slumps as China’s Steel Output Faces Cuts
Iron ore prices fell as China’s steel mills cut output ahead of a key policy meeting, raising demand concerns. Market watchers await policy signals on steel production and economic stimulus measures.
Raw Material• The Hindu BusinessLine
Tata Steel CEO: India's Green Steel Future Needs Stronger Policy Backing
TV Narendran flags U.S. tariff impact on Tata Steel Europe, urging policy support for greener steelmaking in India to stay competitive.
Raw Material• Business Standards
Govt Mulls Extension of Import Curbs on Steelmaking Raw Materials
India may extend import restrictions on steelmaking raw materials to support domestic producers. The move aims to reduce dependence on imports, stabilize prices, and boost local industry amid global market fluctuations.
Raw Material• Live Mint
Trump’s Steel Tariffs May Flood Asian Markets with Surplus Metal
Trump's steel tariffs may worsen Asia's metal glut as surplus steel is redirected to the region. This could increase competition, lower prices, and spark trade tensions, impacting profit margins and creating uncertainty for Asian producers.
