Page 4 of Steel industry

Rama Steel Tubes,, JSW Steel, MoU, strategic partnership, Hot Rolled Coils, manufacturing, distribution, supply chain, sourcing

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,…

July 16, 2023 15:08 IST

Tata Steel, steel production, crude steel, revenue, deliveries, domestic deliveries, automotive, commercial vehicles, industrial products, branded products, Tata Steel Aashiyana

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…

July 7, 2023 08:41 IST

SAIL, steel output, crude steel, saleable steel, sales performance, customer demands

SAIL records best ever production in Q1FY24, posts 8% growth in crude steel output

SAIL reported a growth of 8 per cent on-year in its crude steel production at 4.667 MT during the Q1FY24,…

July 5, 2023 15:59 IST

Global steel production falls 5 per cent in May; India’s output rises 4 per cent

Despite a 7.3 per year-on-year (y-o-y) fall, China remained the top steel producing country in May with 90.1 MT crude…

Updated: June 23, 2023 14:37 IST

steel products, manufacturing, incentive plan, PLI, investment, export, manufacturing hub, green technologies, National Green Hydrogen Mission, steel exporters

India plans more steel products in manufacturing incentive plan

The steel ministry is in talks with other government departments and domestic industry to include more types of the alloy…

June 22, 2023 15:58 IST

Jindal Stainless ropes in Dassault Systemes to manage production, operational functions

The deal was signed between JSL Managing Director Abhyuday Jindal and Eric Leveugle, Vice President, Worldwide Business Transformation, Dassault Systemes…

June 15, 2023 19:15 IST

steel, PLI 2.0, secondary steel manufacturers, investment, production growth, employment opportunities, Make in India

Inclusion of secondary steel in PLI 2.0 will be a game changer

Considering the current rate of CapEx of steel manufacturers, industry analysts and experts estimate that India will be able to…

May 27, 2023 12:26 IST

JSW Infra to invest ₹152 crore for capacity expansion of New Mangalore Container Terminal

JSW Infrastructure, the ports business of Sajjan Jindal-led JSW Group, will invest about ₹152 crore for the capacity expansion of…

May 15, 2023 01:30 IST

Top govt officials, steel industry players to meet on Tuesday to discuss EU carbon tax issue

From January 1, 2026, the EU will start collecting carbon tax on each consignment of steel, aluminium, cement, fertiliser, hydrogen…

May 8, 2023 22:35 IST

JTL Industries net profit doubles to Rs 36.65 crore in Jan-Mar quarter

At Rs 36.65 crore, the net profit was almost double of Rs 18.94 crore during the January-March period of fiscal…

Updated: April 27, 2023 16:10 IST

India’s crude steel output grows 4 pc to over 125 MT in FY23

A SteelMint analyst attributed increasing infrastructure activities to higher production and consumption of steel in India.

April 23, 2023 11:43 IST

Steel, Steelmakers, Scindia, Jyotiraditya Scindia, green steel, steel manufacturing, Industry

Steelmakers may be mandated to devote part of capacity for green steel manufacturing: Scindia

Scindia said the private sector steel users in India are actually moving towards committing to more and more green steel…

April 19, 2023 20:46 IST

Indian Steel Industry to ride on growth trajectories for the next 5 to 7 years

The infrastructure push, the bid for developing more affordable housing and the Indian Railways capex are all demand drivers for…

April 16, 2023 13:49 IST

Privatisation of NMDC Steel to be completed in H1

With the demerger from NMDC completed, the Centre will soon invite financial bids for the privatisation of NSL.

April 7, 2023 01:45 IST

Vardhman Special Steels Ltd celebrates completion of 50 years of its business; Know everything about it here

The Board discussed and recommended the issuance of bonus shares to the shareholders of the company

Updated: April 22, 2023 05:20 IST

JSPL gets approval to manufacture India’s first fire-resistant steel structures

The grade is being imported at present.

March 19, 2023 20:34 IST

Volatility in steel prices ‘new normal’; industry needs to learn to live with it, says T V Narendran

Replying to a question on the continuous fluctuations in prices of steel, he said industry members, both producers and consumers,…

Updated: February 15, 2023 15:01 IST

Centre receives multiple EoIs for NMDC Steel stake

The last date for submission of EoIs for NSL by interested bidders, who must have a net worth of Rs…

January 28, 2023 01:40 IST

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Stocks making biggest moves midday: Vodafone Idea, Tata Steel, JSW Steel and more

Market17 min ago

Indian equities remain muted on last trading session of the year with Nifty 50 hovering around 26,150 mark and BSE Sensex trading near 85,300, while individual stocks show sharp moves due to contracts, regulatory changes, and corporate actions. Vodafone Idea jumps to record high amid expectations of AGR relief, steel stocks rise on safeguard duty announcement.

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