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World pig iron output rose 3.4% in May 2015

According to latest statistics released by the World Steel Association, the global pig iron output increased by 3.4% over the previous month to 100.532 million tons during the month of May this year. The global of pig iron had totaled 97.231 million ...

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Galvanised steel producers to cut prices by 5%

Steel manufacturers will soon reduce galvanised prices by three to five per cent or  Rs 1,000–1,500 a tonne, thanks to a steep decline in raw material costs. “Falling raw material prices have reduced the cost of production; we will pass ...

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Galvanized steel producers to cut prices by 3-5% on falling raw material costs

Galvanized steel manufacturers will soon cut their product prices by 3-5%, or about Rs 1,000 – Rs 1,500 a tonne, following a steep decline in raw material prices.  “Falling raw material prices has reduced cost of galvanized steel production which we will pass on ...

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Russia issues January-April production result

According to the State Statistics Committee of Russia (Russtat), in the first four months of the current year Russia registered a stable level of rolled steel product output at 19.7 million mt, a 0.4 percent decrease in its crude steel ...

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