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With the world’s top steel producer China removing export tax rebates for 23 steel products from Aug 1, the second adjustment in three months as it seeks to ensure domestic supply while controlling output to curb emissions, experts are upbeat...

China’s crude steel output was 1.065 bn t in 2020. In H1 CY’21, China produced 563 mn t of crude steel, a y-o-y increase of 59.121 mn t, or 11.8%. If the annual crude steel output in 2021 is required...

The total global seaborne trade in ferrous scrap in the first half of calendar year 2021 (H1CY’21) is up 11% y-o-y to 33.22 million tonnes (mn t), compared to 29.91 mn t seen in H1CY’20, as per SteelMint’s data. In...

Media Partner With the formal launch of the National Automobile Scrappage Policy in Gujarat’s Gandhinagar on 13 Aug’21, Prime Minister Narendra Modi described it as a key step towards ensuring self-sufficiency in domestic manufacturing. The policy also aims to improve...