17
Aug
10:11
Costlier feedstocks scare Indian secondary steelmakers
The recent hike in pig iron, imported scrap and direct reduced iron prices, amid a severe drop in finished steel prices following India’s export duty imposition, has impacted Indian secondary steelmakers.
Unlike primary steelmakers that produce steel through the blast furnace route, secondary steelmakers produce steel through the electric arc and induction furnace routes, Kallanish notes.
The scarcity of thermal coal in the domestic market has seen DRI pri…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous