Page 3 of Steel industry

Steel, Steel Industry, SAIL, Steel Ministry

Steel firms may ward off import threat with higher tariffs; Minister says will ask finance ministry to raise duties to 10-12%

Domestic teel prices have fallen to their lowest levels in over three years, largely due to shifts in the global…

September 5, 2024 01:45 IST

JSW Steel, appointment, JSW USA, professional experience, steel industry, operational efficiencies

JSW Steel appoints Robert Simon as CEO of JSW USA

JSW Steel has appointed Robert Simon as the Chief Executive Officer of JSW USA. He will report to the respective…

March 6, 2024 11:38 IST

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…

Updated: February 13, 2024 15:38 IST

steel, steel exports, steel makers, export, industry

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…

February 5, 2024 04:30 IST

JSW Steel, JSW Steel Q3 results, quarter results, profit, revenue, EBITDA, steel production, India operations

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…

January 25, 2024 16:00 IST

Vizag Steel Plant, Rashtriya Ispat Nigam Ltd, top news, latest news, industry news,

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…

December 21, 2023 22:07 IST

energy costs, base metal industry, margins, key headwinds, global demand, profitability, International prices, coal cost, economic slowdown, price movement, ICRA

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…

December 20, 2023 13:06 IST

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…

November 8, 2023 04:00 IST

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.

October 25, 2023 01:00 IST

JSW Steel, steel production, Indian operations, volumes, demand, USA-Ohio operations, joint venture

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…

October 10, 2023 14:40 IST

Angul facility, JSP Angul facility, Jindal Steel and Power,

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…

October 8, 2023 11:27 IST

GeM, Government e-marketplace, Gem platform, Indian steel association, jindal steel work, jsw, gem news, steel production in India, steel sector in India

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…

October 5, 2023 11:40 IST

steel prices, raw material, demand, price hike, domestic market, supply issues, production cuts, export parity prices

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.

September 26, 2023 13:04 IST

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…

September 22, 2023 04:00 IST

Rishi Sunak, Tata Steel, steel industry, UK government, jobs, employment, economy, decarbonisation, emission, manufacturing sector, investment

“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…

September 18, 2023 07:12 IST

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…

September 15, 2023 14:16 IST

Adani Group, COP28 conference, climate change, infrastructure adaptation, decarbonisation, emissions cuts, sustainability, carbon emissions, technology, cement, steel, buildings

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…

September 5, 2023 13:20 IST

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…

Updated: August 4, 2023 15:12 IST

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2025 MBC Gayo Daejejeon: When and where to watch, lineup ft NCT Dream-Hwang Minhyun

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The 2025 MBC Gayo Daejejeon, hosted by SHINee’s Minho, ALLDAY PROJECT’s Annie, and Hwang Minhyun, will wrap up the year with a star-studded lineup and special collaborations. The event will be broadcast on December 31st, with exclusive streaming partner MUNIVERSE donating a portion of ticket sales to charity.

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