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Top News In ஜெயந்த் ஆசார்யா Today - Breaking & Trending Today

Covid-19 pushed steel exports to record high in FY21: SteelMint data

Steel exports touched a record high in FY21, saving the day for companies, as domestic consumption dragged due to Covid-related disruptions in the first half of the year.
Data compiled by Joint Plant Committee (JPC) shows that finished steel exports between April-March 2020-2021 (provisional) stood at 10.785 million tonnes, an increase of 29.1 per cent; exports of semi-finished steel during the period were at 6.6 million tonnes, an increase of 133 per cent.
JPC officials said that the data showed that this was an all-time high. The previous high was in 2017-18 at 11.614 million tonnes.
SteelMint data pegged finished steel exports in FY21 at 11.65 million tonnes and semi-finished at 7.25 million tonnes, an increase of 31 per cent and 153 per cent over the previous year. SteelMint said that exports in FY21 was an all-time high. ....

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Metals to crude oil: Consumers face the brunt of commodities price surge

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Positive cues from China to keep steel prices, demand and supply in balance | Hellenic Shipping News Worldwide

Positive cues from China to keep steel prices, demand and supply in balance
Positive cues from China – which accounts for 56.5 per cent of global crude steel production – are likely to keep demand-supply in balance and provide support to prices.
All eyes have been on China, which opened last week after New Year holidays, as it was widely expected that prices would recover post-holidays after the weakness in January.
Jayanta Roy, senior vice president, ICRA pointed out, barring last year when Covid-related restrictions affected China’s steel demand in February 2020, historical trends show a typical upward movement in steel prices post-new year festivities. ....

Ranjan Dhar , Jayant Acharya , Jayanta Roy , Shanghai Futures Exchange , New Year , ரஞ்சன் தார் , ஜெயந்த் ஆசார்யா , ஜெயந்தா ராய் , ஷாங்காய் எதிர்காலங்கள் பரிமாற்றம் , புதியது ஆண்டு ,

Rising Steel Demand? VanEck's 'SLX' ETF Is All Ears

India and China could help stimulate steel prices with higher demand and keep the VanEck Vectors Steel ETF (SLX) trending upwards. ....

Ranjan Dhar , Jayant Acharya , Vaneck Vectors Steel , Business Standard , New Year , Steel Index , Exchange Traded Funds , Mo Ney , Stock Market , Tactical Allocation Channel , ரஞ்சன் தார் , ஜெயந்த் ஆசார்யா , வணிக தரநிலை , புதியது ஆண்டு , எஃகு குறியீட்டு , பரிமாற்றம் வர்த்தகம் செய்யப்பட்டது நிதி , ஸ்டாக் சந்தை , தந்திரோபாய ஒதுக்கீடு சேனல் ,

Positive cues from China to keep steel prices, demand and supply in balance

Read more about Positive cues from China to keep steel prices, demand and supply in balance on Business Standard. China s opening post-holidays was keenly awaited, especially in the wake of the sluggishness in the market in January ....

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