India to become third largest steel producer

Between January and August, India’s coal shipments rose 10% y/y, driven by strong electricity demand, but hydropower recovery may reduce future coal demand.

Steel imports at Port Houston’s multipurpose facilities increased by 48% in May compared to the same period last year.

The acquisition is subject to approval from the Commerce and Transport Department, Govt. of Odisha, and Adani expects it to be completed by Q1 FY25.

ParkerSteel Ltd and the Port of Dover have inked a strategic partnership agreement to advance both organisations’ growth objectives.

DB Cargo, Voestalpine and LogServ have agreed to extend their logistics partnership for another two years.

The classification society has released its new SLP, a self-service application that can provide instant confirmation of rule compliance for proposed loading plans.