The Steel Index (TSI) data showed Tianjin port prices for 62% Fe fines fall0.6% on week to $130.5 per dry ton while 58% Fe fell 1.6% to $122.6 per dry ton.....

Iron ore prices in China have crashed from a high of $180 in September 2011 to $130 levels now on economic slowdown that has impacted steel demand. However, major iron ore producers such as Vale, R....

Tata Steel Ltd (BSE:TATASTL, 500470) has reported weak performance for 2011-12 due to poor performance of the European operations while Indian operations registered robust performance amid growth c....

India has emerged as the fourth largest producer of steel in the world and with rapid growth in foreign direct investment (FDI). the capacity and production is set to surge higher. India's per capi....

London Metal Exchange base metal prices showed a negative trend on Friday. Steel is the only metal headed in positive direction on Friday which advanced by 2.53% to $464.50 per metric ton.....

At India's National Commodity and Derivatives Exchange (NCDEX), steel long futures continue to trend lower in early morning trade on Monday while steel manufacturers are nervous about Chinese steel....

ArecelorMittal Orbit, the 114.5 metre sculpture of steel will become a star attraction at London Olympic Games 2012. The structure designed by Anish Kapoor and Cecil Balmond is made of 2000 tonnes ....

London Metal Exchange base metal prices showed a mixed trend on Thursday.....

ArcelorMittal, the world's largest steel and mining company has taken a strategic decision to divest stake in non-core assets. The divestment fo 23.48% stake in Enovos International SA is part of t....

London Metal Exchange base metal prices continued down trend on Wednesday.....

India's steel imports saw a more than 50% increase in the month of April on the back of improving domestic demand scenario, as per a recent report by the country's Joint Plant Committee (JPC)....

The Indian steel industry has missed its 2011/2012 production target by a whooping 40%, thanks to land acquisition troubles which have left multiple projects just words on paper.....

After a disappointing 2011, Indian steel demand is expected to pickup strongly in 2012 and grow faster than global demand growth, a new report by the World Steel Association (WSA) indicates.....

London Metal Exchange base metal prices showed a negative trend on Tuesday except Aluminium alloy, Nickel and Steel.....

London Metal Exchange base metal prices headed in negative direction on Friday.....

London Metal Exchange base metal prices continued negative trend on Thursday.....

Asia's metals sector is expected to come under severe profit contraction during the year, credit ratings agency Standard & Poor's(S&P) said in their latest report....

London Metal Exchange base metal futures fell on Wednesday.....

London Metal Exchange base metal prices showed a mixed trend on Tuesday.....

Lakshmi Nivas Mittal began his acquisition strategy in crude oil buying 50% stakes of Russia's Lukoil for $980 mn in 2007 but subsequently sold the assets to SINOPEC of China as the Kazakhstan asse....