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India’s JSW steel boss says ‘nothing concrete’ with Canada’s Teck – ET Infra

[ad_1] NEW DELHI: India’s JSW Steel Ltd’s discussions with Canada’s Teck Resources over buying a possible stake in its coking coal unit have yielded “nothing concrete”, JSW Steel Chief Executive Jayant Acharya told Reuters on Monday. Last month, Reuters reported that JSW Steel, India’s largest steelmaker by capacity, had slowed down the process to buy […]

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Global steel demand growth downgraded to 1.8% in 2023 on high rates – ET Infra

[ad_1] . LONDON: Global steel demand is expected to rise by 1.8% in 2023 as infrastructure projects in top consumer China help to offset weakness elsewhere, the World Steel Association (WSA) said on Tuesday, downgrading its forecast. The industry group revised its April forecast, which estimated steel consumption would rise by 2.3% this year. “Steel

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