The company's average capacity utilisation was 96% during the month of January 2021.

India's crude steel production fell by 10.6 per cent to 99.6 million tonnes (MT) in 2020, according to the worldsteel.

The minister said that a sum of Rs 20,000 crore has been provisioned in the Budget to capitalise the DFI.

Russia may tighten restrictions on scrap export

Recently, Baosteel has successfully completed the scientific research project of one key RH refining model application, which has been independently researched and developed by Baosteel for three years.

Africa’s minerals sector should “seize the opportunities presented by the global transition towards green energy”, experts noted during a virtual webinar on the future of mining in Africa, post-Covid-19.

The Covid-19 pandemic has created an opportunity for the global mining industry to use available digital technologies to leapfrog productivity gaps, says Bosch mining solutions head Jonas Corali.

First ore from the Iron Ridge mine, in Western Australia, has departed from the Port of Geraldton, with the next export vessel scheduled to arrive in late February.