India may retaliate against the US on the basis of issues that have been decided in India’s favor by the World Trade Organization compliance panel in the dispute over countervailing duties on steel imports. This can happen in case Washington does not appeal the ruling, which it can do over the next 60 days.
Iranian major steelmakers produced 16.01 million tons of sponge iron during the first seven months of the current Iranian year (March 21-October 22) marking an eight-percent rise compared with last year's corresponding period.
Iranian steelmakers cast 19.318 million tons of crude steel during the first nine months of 2019, marking a 6.04-percent increase compared to corresponding figure of 2018, which was 18.218 million tons.
South Korean steelmakers are raising the prices of their steel products to reflect increased costs of raw materials, industry sources said Monday, though the price hikes are likely to be lower than expected.
Iranian steelmakers cast 17.188 million tons of crude steel during the first eight months of 2019, marking 6.4 percent of increase compared to the corresponding figure of 2018, which was 16.153 million tons.
Kerman Province’s Baft Steel Complex, with a total investment of $134 million, is ready for official inauguration, announced the head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
Iranian steelmakers cast 5.27 million tons of steel products during the first three months of current Iranian year (March 21-June 21), which marks 15.6 percent of growth compared to corresponding figure of last year which was 4.56 million tons.
Iranian steelmakers cast 12.79 million tons of crude steel during the first six months of 2019, marking 5.6 percent of increase compared to corresponding figures the previous year which stood at 12.11 million tons.