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Indian Budget’s Impact on Mining and Metal Companies

Metal and mining companies in India have had it all: with rising costs of raw materials, incessant delays in execution of projects, and controlled demand these companies have seen bad days. However, the new government of India brings in hope with the new budget that

Demand for steel to double by 2020?

Demand for Steel to Double by 2020?

Amid signs of a global economic recovery, world steel producers are seeing a growing demand for steel. At their annual industry meeting in Sao Paulo, they predicted stronger markets but also fiercer competition. According to an industry report released at the annual meeting of global

Basic Oxygen Furnace Steelmaking

About 67% of the global crude steel total output is through the Basic Oxygen Furnace Steelmaking process and is recognized as the dominant steelmaking technology. In U.S alone the usage figure is 54% and slowly declining due primarily to the advent of the “Greenfield” electric