Supply from local sources continues to fall short compared to requirements, giving a push to imports of steel scrap
Speculators say commodities are headed to touch bottom and, hence, it's time to take long positions
The global steel crisis is largely due to an overcapacity estimated at 600 mt by the rich country club the OECD
Earlier, the rough diamond cutting and polishing business had moved from Antwerp to Surat in Gujarat and a few other places, due to cost considerations
WSA says India is one of the few countries to remain a 'resilient' economy in the face of a 'global slowdown' because of its commitment to 'reforms'
Now, discounts are a global phenomenon, as attempts are made to liquidate inventories
Over the years, the environment for making steel in the UK has become adversarial, not the least because the cost of energy there is considerably more
Those that went on a rapid expansion spree to meet the ever-growing demand from China before the slowdown are now struggling with excess capacity
CISA has forecast a two per cent fall in Chinese steel production in 2015, the first contraction since 1990
The onset of boom led the world's leading mining groups to be on a capital expenditure binge to dig out new mines
The US happens to be the world's biggest importer of home linen followed by the EU, triggering excitement among Indian exporters