Page 9 of Steel industry

India’s crude steel output grows 46.9 pc to 9.2 mn tonnes in May: worldsteel

China remained the global leader in the production of steel in May, registering 6.6 percent year-on-year growth in output at…

June 27, 2021 14:50 IST

Long-Term View: It is about creating more productive jobs, says CII’s new president TV Narendran

Government has done a lot on ease of doing business compared to what it was few years back, but effective…

June 21, 2021 04:30 IST

No plan to undermine Bengal SAIL units: Union steel minister Dharmendra Pradhan

In his letter to Pradhan, Mitra had written, “I am deeply apprehensive that these two massive plants in Bengal would…

June 18, 2021 05:45 IST

Shyam Metalics IPO, Tata steel, initial public offer, grey market

Shyam Metalics grey market premium surges ahead of IPO; should you subscribe amid commodity cycle upswing?

Shyam Metalics and Energy share price in the grey market surged 43 per cent to Rs 436, ahead of its…

June 10, 2021 10:58 IST

Building roads at the rate of 40 km per day has been aimed during the current fiscal.

Steel industry faces challenges to pursue growth with stability

Manufacturing for full FY21 grows by (-) 9.8% and IIP by (-) 8.6%. This may be compared to second advance…

May 15, 2021 05:30 IST

Roy said the ongoing second wave of the coronavirus makes demand outlook somewhat uncertain in the first half of FY22 while exports remain a viable alternative available to leading steel makers in India.

Steel makers raise prices by up to Rs 4,500 per tonne

Despite anaemic domestic demand primarily due to lockdown and restrictions on mobility, the price hike is mainly to align with…

May 5, 2021 03:45 IST

Steel prices likely to go up again in April

While India HRC prices in Mar-21 were flat m-m and lower vs the peak levels in Jan-21, they were up…

April 5, 2021 00:30 IST

China, Steel Industry, Chinese influence on India, Chinese slowdown

Why China slowdown can play spoilsport for India

In the first four months of the current year, China has produced 261 mt of crude steel, down 2.3% from…

June 14, 2016 06:27 IST

What will brighten steel industry fortunes? Here’s a wish list

The steel ministry has recommended to the Prime Minister’s Office (PMO) a host of measures aimed at brightening fortunes of…

Updated: June 13, 2016 06:53 IST

Vehicle policy, Delhi pollution, air pollution, Voluntary Vehicle Fleet Modernisation Programme (V-VMP), Medium and Heavy commercial vehicles

Vehicle policy to generate steel scrap worth Rs 11,000 crore per annum

Government’s proposed policy to push 28 million decade-old polluting vehicles off the road would generate steel scrap worth Rs 11,500…

June 5, 2016 10:34 IST

Iron ore exports face curbs as govt looks to protect crisis hit steel makers

Riding on robust Chinese demand, India’s iron ore production and exports had peaked at 218.5 million tonnes (mt) and 117.4…

Updated: June 4, 2016 07:43 IST

Higher steel, cement power core sector growth

The government on Tuesday released data for core sector. Here are some highlights.

June 1, 2016 10:55 IST

Will keep away from troubled sectors like steel for now: PNB

A week after reporting the worst set of numbers in the nation’s banking history with a net loss of Rs…

May 24, 2016 20:22 IST

Steel imports rise by 26 per cent to 12 mn tonnes in FY’16

Steel imports increased by 25.6 per cent to 11.71 million tonnes in the last fiscal compared to 9.32 million tonnes…

April 25, 2016 19:02 IST

Steel industry awaits investment growth push in Budget 2016

In India, finished steel consumption, which has been estimated at 81 MT in 2015, is envisaged to grow to 114…

February 2, 2016 00:29 IST

Tata Steel to axe 1,050 UK jobs as steel crisis simmers

Tata Steel Ltd said on Monday it would axe 1,050 jobs in Britain, a further blow for the beleaguered steel…

January 18, 2016 20:07 IST

SAIL Chairman C S Verma’s denied extension

SAIL Chairman C S Verma tenure will not be extended till his superannuation. He becomes the first ‘Maharatna’ PSU head…

June 11, 2015 12:27 IST

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BEL bags Rs 633 crore order from Cochin Shipyard to supply advanced sensors

Business39 min ago

BEL, a leading defence company, has secured a Rs 633 crore order from Cochin Shipyard for supplying various items. This follows a series of major orders worth Rs 592 crore received in October. The company will also lead the Rs 30,000 crore QRSAM project for the Indian Army. With promising future orders and export prospects, all eyes are on BEL’s Q2 FY26 results.

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