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Bihar Bets On Steel: The Shyam Steel Project Between Announcements And Preliminary Stage
A new greenfield steel plant in India, publicly announced as an investment of 50 billion rupees (about 600 million dollars) for a capacity of 1 million tonnes per year, represents one of the most anticipated industrial initiatives in the State of Bihar. However,...
Novelis Between Fires, Tariffs And New Investments: A Transitional Quarter For The Aluminum Giant
The third quarter of fiscal year 2026 closed for Novelis with a net loss attributable to shareholders of 160 million dollars, a sharp change of direction compared with the 110 million profit recorded in the same period of the previous year. Weighing on the results...
Steel Between Europe And The United States: Prices Holding, Selective Demand And The CBAM Issue
The European market for hot-rolled coil (HRC) recorded a slight price increase in the week ended February 12. However, behind this apparent improvement lies a more complex reality: reduced trading, higher offers not fully accepted and a clear stand-off between sellers...
Turkish Steel Mills On Hold: Scrap Market Stalled By Weak Finished Steel Demand
Turkish steel mills have maintained an extremely cautious profile in the international scrap market, in a context characterized by weak finished steel sales during the winter season. Despite the absence of new purchases, scrap offers have remained substantially...