Contents

6 | COVER STORY

Green steel to reset industry cost structure

A detailed look at the cost implications of high-cost green-steel production.

15 Imported scrap offers rise

16 India pig iron production down in April

17 India sponge iron production up manifold in April

18 India April crude steel production up 152.1%

19 Steel prices continue to rise but face headwind

20 | FEATURE

Oxygen returns to steel as case load drops

Central government allows gas use in select sectors.

22 India may lose second largest stainless steel producer spot to Indonesia

24 Stainless steel prices stable despite commodity boom

25 | FEATURE

Coking coal: Prospects in a tumultuous year

China recovery driving demand.

29 Seaborne coking coal offers surge in May

30 Iron ore market to stay firm in near term

32 Second wave hurts manufacturing sector

33 Second wave of Covid keeps car sales suppressed in May

35 Traffic handled by major ports up 30% in April

36 Railways’ iron ore handling surges 89% in April

37 Global crude steel output remains flat in April

38 | INTERNATIONAL

Anglo American sees gradual demise of coking coal

Portfolio increasingly tilted towards future enabling products.

39 Kobelco sets carbon neutrality target by 2050

41 Protecting steel reinforced concrete structures

44 | CORPORATE

APL Apollo sees 10-15% volume growth in FY22

Expanding structural steel capacity at Raipur.

46 JSW output to grow 60% in 3 years

48 Shyam Meta lics IPO to fund diversification

50 Tata Steel Mining to acquire Rohit Ferro- Tech

51 Corporate update

53 Government update

55 Import export data

59 Price trends

60 Ferro alloy data

61 Production data

63 Consumption data