Blog

Asia’s leading coal event is back in person for 2022 Coaltrans Asia is returning in-person to the beautiful island of Bali this September. After a two year hiatus this is the perfect opportunity to re-connect with industry leaders, re-forge relationships,...
  • August 10, 2022
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Bureau of Middle East Recycling (BMR) , was formed as a non-profit oriented, non-religious, non-political organization to mainly represent all the suppliers/traders of Middle East Recycling Industry and to bring them under one banner and platform with the unified thoughts...
  • August 10, 2022
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Export tax impact blunts overseas sales’ edge Boron-added exports see sudden spurt Export tax retention may see Q2 volumes go below 2 mnt India’s finished steel exports, including semis, dropped 34% to 3.78 million tonnes (mnt) in the first quarter...
  • July 25, 2022
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Depressed sponge iron demand in the Indian domestic market, coupled with elevated South African coal prices and limited availability of domestic coal for the non-power sector, has compelled Indian DRI producers to experiment with coal from Mozambique, Russia, and even...
  • July 23, 2022
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Bangladesh set to increase steel melting capacity around 13 mnt by 2025 BSRM, AKS, GPH and many other mills are setting up additional capacity Bashundhara, Meghan & Akij entering steel business Bangladesh, one of the largest ferrous scrap importers in...
  • July 23, 2022
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India’s iron ore consumption is slated to increase to 255-260 million tonnes (mnt) by financial year 2024-25 (FY25), as per a SteelMint forecast. In FY2019-20 (FY20), iron ore consumption was at around 185-190 mnt. This indicates that the jump in...
  • July 22, 2022
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Iron ore and pellet export shipments fall 90% in June,hits 7-month low With export duties in place, shipments to remain low Iron ore and pellet production to get impacted India’s exports of iron ore and pellets have plummeted to the...
  • July 7, 2022
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Exports to India rise to 6 mnt in first six months of 2022 Logistical hurdles may force Russian miners to cut production Recent RBI policy to facilitate coal trade with Russia Four months have slipped past since Russia invaded Ukraine...
  • July 15, 2022
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Steel mills across the globe are staring down a desert land of dried-up demand, as the Russia-fuelled war rages on in Ukraine. Prices of gas, which power households and factories across the European Union, have surged 700% till date, as...
  • July 15, 2022
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The Minister for Coal, Mines & Parliamentary Affairs, Pralhad Joshi, said on Tuesday that India’s coal production is set to cross the 900 million tonnes (mnt)-mark in financial year (FY)’23, as the country ramps up efforts to meet a phenomenal...
  • July 14, 2022
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Iron ore sales in Karnataka dropped to their lowest level in over two years to a little under 1 million tonne (mnt) in June 2022 due largely to the confusion surrounding sales and dispatches following the Supreme Court’s verdict in...
  • July 9, 2022
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At a time when sponge iron manufacturers in India continue to deal with domestic coal shortage, quality issues regarding imported coal, and rampant volatility in prices, a new alternative is likely to emerge in the form of coal shipments from...
  • July 9, 2022
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South African thermal coal exports to India have recorded a steep decline of 30% m-o-m to 1.5 mnt in June, CoalMint vessel line-up data revealed. This fall in exports came as the demand from its top consuming sector, sponge iron...
  • July 7, 2022
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Imported scrap volumes into Bangladesh, a major bulk ferrous scrap buyer, imports bulk ferrous scrap 1.76 mnt in H1 CY2022 (January-June, 2022) vis-a-vis 1.09 mnt in H1 CY2021. The country’s imports rebounded in June 2022 by 57% to 0.33 million...
  • July 7, 2022
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Amid concerns surrounding Russian gas supplies post-the August sanctions, several parts of Europe have been relying upon coal-fired power generation as the only viable option. Germany, Austria, Poland, the Netherlands, and Greece are among the first European nations to have...
  • July 1, 2022
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The government is currently studying the possibility of imposing progressive export tax on nickel metal products such as nickel pig iron and ferronickel in a bid to further push the development of the downstream industries in the country, the world’s...
  • June 30, 2022
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The Russia-Ukraine conflict that commenced in end-February, 2022 has been altering coal trade dynamics in more ways than one. India, whose coal imports from Russia rarely touched the 1 million tonne (mnt) mark in the past, imported about 2.02 mnt...
  • June 30, 2022
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After the closure of mining activities since 2018, Goan iron ore industry now see some signs of respite as the state’s chief minister Pramod Sawant has said that the auctioning of iron ore mining leases would begin within the next...
  • June 23, 2022
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January 2022 was a shocking month not only for the country’s coal industry players but also for countries in the Asia-Pacific region after Indonesia, the world’s largest thermal coal exporter, decided for the first time in its history to totally...
  • May 12, 2022
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Material Recycling Association of India has consecutively organized seven successful International Indian Material Recycling conferences (IMRC) in 2013, 2015, 2016, 2017, 2018, 2019, and 2020 at Delhi, Mumbai, Delhi, Jaipur, Goa, Kochi, and Delhi respectively. On average 1600 Delegates, (including...
  • April 12, 2022
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Back for the second year running, the Singapore International Ferrous Week (SIFW) is a platform for pan-Asian industry experts and decision makers across the steelmaking and trading value chain to explore partnerships and growth opportunities. Previously known as the Singapore...
  • April 8, 2022
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East Asia has dominated the global steel industry for decades but is its influence now waning? Developing markets in Southeast and South Asia are now leading global steel demand growth. China is at a turning point in its economic history,...
  • March 30, 2022
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Watch Video Key Points of Discussion: New fleet of BFs in China, India and huge costs for retrofitting for carbon capture Expanding scope for DRI in China Role of steel majors Baosteel, HBIS in adopting DRI Transforming India’s coal-based DRI...
  • February 28, 2022
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Watch Video Key Points of Discussion: Demand drivers for structural steel pipes & tubes in H1 FY23 Steel pipes usage in Construction and Infrastructure Strategy to cope with unknown raw material prices Changing market dynamics due to Covid-19 – Opportunities...
  • February 28, 2022
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Watch Now Key Points of Discussion: How did the global steel market perform in 2021? What to expect in 2022 – steel production, exports & imports Key drivers to look out for in 2022
  • February 28, 2022
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Register Now The global steel industry will pivot around decarbonisation and emerging technologies will have CO2 emissions reduction as the leitmotif. Although India has another 50 years to achieve its zero-carbon target, leading steel producers know that reducing their carbon...
  • February 28, 2022
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  • February 28, 2022
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