Egyptian Trade Ministry to formally investigate alleged dumping of aluminum, rolled steel products.

Mr Acharya also explained that iron ore prices are at six-year high and international steel prices in August, too, have increased.

For the period from April to June, Baosteel earned 2.47 billion yuan, a jump of 60.6% from the first quarter.

Steel & Tube Holdings Limited has announced a full year result for the 12 months ending 30 June 2020.

During the quarter under review, the company's expenses stood at INR 1,250 crore, as against INR 1,474 crore in the same period previous fiscal.

Of the 4.64 million tonnes of total steel exports, Vietnam and China bought 1.4 million tonnes and 1.3 million tonnes of steel respectively.

China's benchmark power coal price remained flat during the past week.

Ferroglobe's second-quarter silicon and manganese product shipments fell 39% year on year to 142,653 mt.