Kalyani Group to invest Rs 26,000 crore in Odisha The state cabinet on Monday evening approved a special incentive for the unit as it is going to be the… 2 years agoFebruary 13, 2024
Steel makers fear exports to be hit if the crisis lingers India’s steel exports are expected to decrease to 5-7 million tonnes in this fiscal year, influenced by subdued global demand… 2 years agoFebruary 5, 2024
JSW Steel Q3 profit surges to Rs 2415 crore on strong demand; Q3 crude steel production at 6.87 million tonnes JSW Steel posted revenue from operations at Rs 41,940 crore, up 7.2 per cent in comparison to Rs 39,134 crore… 2 years ago
Vizag Steel Plant forges deal with JSPL for Rs 900 crore working capital The CMD noted that the deal will raise sales turnover to around Rs 500 crore per month and also slash… 2 years agoDecember 21, 2023
India’s steel imports to remain elevated at ~5.5% of demand this fiscal, says CRISIL MI&A report Global steel demand, which has been subdued since the onset of the Russia-Ukraine conflict, is expected to grow 1.6 per… 2 years ago
Decarbonising the steel industry with biomass Unlocking the full potential of biofuel in steel production necessitates strategic planning as well as the expansion of bamboo and… 2 years agoNovember 7, 2023
NMDC Steel strategic sale deferred, financial bids unlikely before Lok Sabha polls NMDC has already invested around Rs 22,000 crore in the new plant, with almost nil implementation risk. 2 years agoOctober 24, 2023
JSW Steel posts consolidated crude steel production for Q2FY24 at 6.41 mln tonnes, up 13% on-year JSW Steel’s QoQ production in Q2FY24 is marginally lower by 3 per cent, primarily due to scheduled shutdowns undertaken at… 2 years ago
JSP plans to make Angul facility India’s largest single-location steel plant: MD Bimlendra Jha On the outlook for the sector, Jha said India is on a growth trajectory. The government’s thrust on infrastructure projects… 2 years agoOctober 8, 2023
GeM partners with Indian Steel Association for its members to sell goods directly to govt Indian Steel Association represents 65 per cent of the crude steel industry in the country, with 16 members, 7 executives… 2 years ago
Steel prices firming up on strong domestic demand, spike in raw material prices, says Kotak The price strength, Kotak report said, is led by strong domestic demand and the recent spike in raw material prices. 2 years ago
Discoms’ stance impedes decarbonisation of steel sector State discoms do not want to lose their big clients by allowing them open access, and there is a limit… 2 years agoSeptember 21, 2023
“A big day for UK Steel”: UK PM Rishi Sunak as Tata Steel, UK sign £1.25 bn deal The UK PM said that the deal will save thousands of British jobs and secure the future of the steel… 2 years ago
Indian steel industry growth story: Building, construction, infrastructure sectors to boost consumption Steel consumption within the building, construction and infrastructure sectors increased at a CAGR of 4.5 per cent over the past… 2 years ago
Steel tubular construction reduces carbon emissions by 60%, as against traditional construction methods In an attempt to make construction a more eco-friendly business, many players in the industry are coming up with various… 2 years ago
Corrosion leads to losses worth $110 billion in India annually: ISSDA As India moves towards a $5 trillion economy goal, dealing with a challenge like corrosion in projects should be a… 2 years agoAugust 4, 2023
China, Vietnam’s share in India’s steel import basket rises during June 2023: Official data The share of the UK, Mexico, Russia, Italy, Portugal and Nepal in India’s steel exports basket increased in June 2023,… 2 years agoJuly 16, 2023
Tata Steel Q1FY24 update: India steel production at 5.01 MT, up 2% on-year Tata Steel said that its crude steel production in India stood at 5.01 million tons (MT) with a growth of… 2 years ago
