As per market participants, the falling trend in steel prices are likely to continue for at least two weeks.

In the given month, iron and steel ranked in fifth place among the most imported products of the country in terms of value.

The finalists will now be invited to the World Championship in April 2023.

The signing ceremony was held at Tata Steel on November 23rd, 2022.

Once separated from the molten metal or scrap during the melting process, it can be recycled by the steel industry for metal recovery using jaw crushers and magnetic separators.

The area was evacuated before the demolition and dust was controlled using ‘water curtains’.

The second largest producer was the block of EU-27 countries, whose output recorded notable year-on-year decline by 9.2% to 117.1 Mt.

Also, the country had become a net importer of steel between July and August this year, for the first time since fiscal 2019.