Tata Steel to upgrade continuous caster in Jamshedpur

Indian steelmaker Tata Steel has awarded German plantmaker SMS group the contract to upgrade its CSP continuous caster at its plant in Jamshedpur.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 11.67
Scrap HMS I/II 80:20, CFR Turkey, $/mt -4.38
Billet FOB CIS, $/mt -2.68
Rebar FOB Turkey, $/mt -1.75
HRC FOB China, $/mt 0
Wire Rod FOB China, $/mt 0
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Product Weekly Change (%)
HRC SS400 FOB China 0
Iron ore (62%) CFR China 8.55
Rebar FOB Turkey -1.75
Scrap HMS I/II 80:20 CFR Turkey -4.98
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  Weekly Change (%)
Turkish Rebar Index -2.86
Turkish Scrap Index -6.53
China HRC export index -1.58
US (East Coast) HMS I/II scrap export index -5.93
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