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India: Domestic Silico Manganese Prices Near One-Month Low

Panic selling, lower offers weigh on prices Need-based procurement in domestic market The domestic silico manganese market witnessed a counterintuitive price correction this week, exhibiting a significant downward trend that defies recent market expectations. Key producing regions in India experienced…

India: Ferro Chrome Prices Remain Stable as Market Awaits Upcoming Auctions

Bids for some grades drop in OMC’s auction Tsingshan’s June’24 tender prices stable m-o-m European benchmark prices to be discontinued from June Indian high-carbon ferro chrome (HC60%, Si:4%) prices remained steady w-o-w, decreasing slightly by INR 100/t ($1/t) w-o-w compared…

India: Ferro Molybdenum Prices Surge Due to Limited Supply

Growing demand from Europe, China LME prices maintain stability In comparison to the previous assessment on 15 May, ferro molybdenum prices in India experienced a rise of INR 61,000/t ($733/t) w-o-w. Prices increased as there were reports of material shortage…

Bangladesh Needs to Harness the Potential of Rooftop Solar Energy

Bangladesh Needs to Harness the Potential of Rooftop Solar Energy Despite challenges, the sector offers a lot of promises The Bangladesh government raised electricity tariffs yet again in February 2024, following several adjustments in 2023. The government also increased gas…

Bangladesh proactively eyeing greener routes in power to achieve emission targets

Strong emphasis being given to solar energy Setting up of fresh coal-fired plants banned More hydropower imports from Nepal planned Bangladesh, a key South Asian player in the steel manufacturing and ferrous scrap import space, is taking a proactive multi-pronged…

FLAT STEEL 2024
17 Oct, 2024 | Istanbul, Turkey

About the Conference Global steel demand fell for a consecutive year in 2023 and is projected to see only a small rebound in 2024 as economies continue to grapple with the Ukraine war impact, high inflation, high costs and monetary…

SUSTAINABLE MINING SUMMIT
13-14 June, 2024 | Mayfair Lagoon, Bhubaneswar (Odisha)

Rapid growth in population, need to improve living standards and focus on renewable energy transition has led to huge demand for mineral resources. Minerals are the basic building blocks for a sustainable world and mining industry plays a pivotal role…

Bridging the Energy Gap: Bangladesh’s Strategic Pivot to Imported Coal

Imported coal usage increasing at power plants Scarce natural gas supplies support imports Thermal coal imports may touch 19 mnt by 2026 Morning Brief: In the midst of its escalating energy demand, Bangladesh has witnessed a significant 44% y-o-y increase in…

Bangladesh: Ferrous scrap imports witness contrasting trends in CY’23 amid macroeconomic headwinds

Bangladesh has emerged as one of the top three importers of ferrous scrap in South Asia. Over the last three years (2021-2023), bulk scrap imports have grown from 60% to 67% of the country’s total imports. Overall bulk scrap imports…

Global tonnage down over 10% in ship recycling; Bangladesh remain on Top spot

Eased LC issues help Bangladesh secure vessels Prices of both containers, tankers fall y-o-y Indian prices may increase amid scant inventory Morning Brief: The global ship-breaking market remained in deep waters in 2023. Total tonnage sunk 13% to 2.8 million light…