Page 7 of Steel

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

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

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

Nearly Rs 700 crore payment made to MSMEs in May by public sector steel enterprises: Steel Ministry

Credit and finance for MSMEs: On a month-on-month basis, dues cleared in May were 10.1 per cent higher than Rs…

June 20, 2023 16:25 IST

India in talks with U.S. on steel, aluminum tariff exemption

India has offered to withdraw retaliatory tariffs on some agricultural goods such as almonds and walnuts in exchange for exemption…

June 8, 2023 14:18 IST

Steel industry saved Rs 34,800 cr forex; added around 60 MT capacity in last 9 years: Minister Scindia

The per capita steel consumption also rose from 60.8 kilogramme to 86.7 kg during the said period, registering a rise…

June 7, 2023 20:58 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

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

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

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

Agreements with 26 companies signed under PLI scheme for specialty steel, says Jyotiraditya Scindia

The minister made the remarks at the Global Zinc Summit 2023 in the national capital where he also urged the…

Updated: February 16, 2023 14:26 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

Withdrawal of export duties, China opening up beneficial for steel sector: Seshagiri Rao

JSW Steel has put its plans to sell its business in Italy, including that of Aferpi SpA, on hold.

January 23, 2023 03:00 IST

JSW Energy Q3 profit falls 41.79% to Rs 186.74 crore

During the quarter under review, the company’s consolidated total income rose 18.41% to Rs 2,349.73 crore from Rs 1,984.34 crore…

January 21, 2023 03:15 IST

JSW Steel net falls 89.50%, below Street estimates

During the reporting quarter, the company’s revenue from operations rose 2.79% to Rs 39,134 crore from Rs 38,071 crore recorded…

January 21, 2023 02:30 IST

41% higher payment made by steel CPSEs to MSMEs during April-Nov 2022 from year-ago period: Govt

Credit and finance for MSMEs: According to the steel ministry, nearly 100 per cent payment from April-November in FY23 was…

December 26, 2022 19:24 IST

Shyam Metalics plans to invest Rs 7,500 crore

With a diversification approach, the company is planning to invest around Rs 7,500 crore over the next five years for…

Updated: December 21, 2022 07:47 IST

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