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Steel becomes costlier; companies hike rates by up to Rs 4,900/tonne

Read more about Steel becomes costlier; companies hike rates by up to Rs 4,900/tonne on Business Standard. The price revision has been made in the last two days, the sources said. ....

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COLUMN-Indonesia's nickel boom is a win for resource nationalism: Andy Home

LONDON, June 3 (Reuters) - Indonesia has emerged as the world’s dominant producer of nickel over the last 10 years.
Mined production last year was 771,000 tonnes, twice as much as the world’s second largest producer the Philippines and accounting for almost a third of global output, according to the International Nickel Study Group (INSG).
It is only going to grow further as investment, particularly from China, floods into Indonesia’s nickel sector.
National output could exceed a million tonnes this year and, according to Macquarie Commodity Strategy consultant Jim Lennon, will reach more than 2.5 million tonnes by the end of the decade, at which point it will have exceeded last year’s global production. ....

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China steelmaking ingredients jump on upbeat spot market prices

Prices for steelmaking raw materials on China's Dalian Commodity Exchange jumped on Wednesday to catch up with a strong spot market trend. ....

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Fluxys works on North Sea carbon, hydrogen

The national infrastructure operator will transport heat, hydrogen and carbon dioxide to reduce emissions from steel and chemicals industries. ....

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In South Korea, the price of steel, known as the ....

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