Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Record output from Sail’s Mahamaya BF

Sail owned blast furnace 8 or Mahamaya at its Bhilai Steel Plant recorded highest output of hot metal at 8,506mt on Jan 25 from the previous best on Jan 22 at 8,451mt. Mahamaya, which has an annual production capacity of 2.8mn mt commenced its operations in Feb 2018. 


JSW Steel arm sells 39pc stake to Geo Steel JV

JSW Steel Netherland BV sold 39pc stake from its joint venture with Georgian Steel Group to  Geo Steel , according to the local media.The company, previously held 49pc of stake in Geo Steel. Geo Steel is a  producer of thermo mechanically treated construction steel rebars and plain bars.

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