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Tata Steel Accelerates On Green Steel With Its First Electric Furnace In India
Tata Steel marks a significant turning point in its industrial strategy with the start of operations of its first electric-arc furnace (EAF) facility powered exclusively by scrap, in India. The plant, located in Ludhiana in the state of Punjab, represents a...
Manganese Ore Prices Rise Amid Global Tensions, Freight Costs And Supply Risks
During the week ending March 20, prices of manganese ore destined for China recorded an increase, supported by improving sentiment and rising freight costs linked to tensions in the Middle East. Activity in the seaborne market remained relatively quiet, but the...
Scrap Prices In South Asia Edge Up Amid Tight Supply And Geopolitical Pressure
During the week ending March 20, import prices for scrap in South Asia recorded a slight increase, supported by tight global supply and rising geopolitical tensions in the Middle East. This context contributed to keeping offers at elevated levels, even in the presence...
Global Hot-Rolled Coil Market Rising Amid Supply Constraints, Energy Costs And Geopolitical Tensions
In the European market, hot-rolled coil prices continue to rise, supported by a mix of regulatory, logistical and geopolitical factors that are progressively restricting supply alternatives. The CBAM mechanism confirms itself as the main price driver, directly...