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Iron Ore , இரும்பு ஒரே ,

Column: China lands uppercut on iron ore prices, but no knockout blow

5 Min Read
LAUNCESTON, Australia (Reuters) - It’s round one to China in its efforts to cool the red-hot iron ore and steel sectors, but victory in future rounds largely depends on making increasingly harder choices, and hoping factors beyond its control work in Beijing’s favour.
A man walks by an iron ore blending site at Dalian Port, Liaoning province, China September 21, 2018. REUTERS/Muyu Xu/File Photo
The catalyst for the chill was reports that China’s government will strengthen what it termed the management of commodity supply and demand to curb “unreasonable” increases in prices - action that has so far seen the spot iron ore price retreat by almost 15% since its record high of $235.55 a tonne on May 12. ....

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Look who's at the receiving end of steel price rise: This EPC player may languish for 6 months

›Look who’s at the receiving end of steel price rise: This EPC player may languish for 6 months
Look who’s at the receiving end of steel price rise: This EPC player may languish for 6 months
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Look who’s at the receiving end of steel price rise: This EPC player may languish for 6 monthsBy
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Synopsis
Analysts said 20-25 per cent of the company’s order book was of fixed price in nature, and thus was impacted adversely due to the rise in commodity prices, especially steel.
Agencies
Analysts expect margins to remain depressed in the coming two quarters and so will be the stock in the near term. ....

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UK funds green energy projects

The government is following through on its decarbonisation plan, announced last year. ....

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