Steel

Budget 2021: Domestic steel industry seeks reduction in customs duty

Budget 2021: Domestic steel industry seeks reduction in customs duty

The government has been taking measures to counter the devastating impact of the Covid-19 pandemic on the domestic steel sector. The Pro...Read More

Rising Chinese demand brings good fortune for Indian steel sector

Rising Chinese demand brings good fortune for Indian steel sector

Strong demand and prices for steel in China should provide a cushion to regional and Indian steel prices already at lifetime high levels,...Read More

Price lift for steelmakers; Decadal high domestic steel prices

Price lift for steelmakers; Decadal high domestic steel prices

Accordingly, steel makers have raised the prices of benchmark hot-rolled coils (HRC; average monthly price) multiple times since August, ...Read More

Reason why Govt wants regulator for the steel and cement industry

Reason why Govt wants regulator for the steel and cement industry

The Rs 34,000-crore domestic forgings industry says high steel prices have hammered the industry, which is now battling for survival.

Realty firms may witness margin shrink by 4-6% due to steel price rise

Realty firms may witness margin shrink by 4-6% due to steel price rise

Surge in prices of steel products that are used in the construction sector has an adverse impact on the real estate companies as these en...Read More

Indian steel producers to benefit from China's ban on Australian coking coal: Report

Indian steel producers to benefit from China's ban on Australian coking coal: Report

Considering the low coking coal imports by China and a possible further reduction amid China's ban on Australian coking coal, an excess s...Read More

Tata Steel posts Rs 1,665-crore net profit, engages with SSAB for sale of Netherland business

Tata Steel posts Rs 1,665-crore net profit, engages with SSAB for sale of Netherland business

New Delhi, Nov 13 (PTI) Tata Steel on Friday said its consolidated net profit declined about 50 per cent to Rs 1,665.07 crore in the Sep...Read More

Chinese demand revival cheers Indian steel sector

Chinese demand revival cheers Indian steel sector

Good times seems to be making a return for Indian steel makers as global demand conditions, particularly in largest steel consuming marke...Read More

Eight core industries' output contracts 15% in Jun

Eight core industries' output contracts 15% in Jun

The eight core sectors had expanded by 1.2 per cent in June 2019, data released by the Commerce and Industry Ministry on Friday showed.

Indian steel consumption to decline due to COVID-19 disruption: Report

Indian steel consumption to decline due to COVID-19 disruption: Report

Steel consumption is expected to decline at least 10 per cent for rated Indian steel-makers in the 12 months to March 2021, due to the ad...Read More

JSW Steel reports Rs 582 crore loss for June quarter

JSW Steel reports Rs 582 crore loss for June quarter

JSW Steel on Friday fell into the red, posting Rs 582 crore consolidated loss for the quarter ended June 2020. The company had posted a n...Read More

Jindal Steel and Power Ltd returns to black

Jindal Steel and Power Ltd returns to black

Jindal Steel and Power Ltd (JSPL) swung into black, posting a consolidated net profit of Rs 267.58 crore for the first quarter ended June...Read More

IIM Indore-FPJ webinar: India blessed with raw materials and a growing steel market, says T V Narendran of Tata Steel Limited

IIM Indore-FPJ webinar: India blessed with raw materials and a growing steel market, says T V Narendran of Tata Steel Limited

While the domestic market has seen a slump due to COVID-19 crisis, the export market has become a lot more attractive. This was not the c...Read More

From dumping steel three-four years
back, China now imports it, says Tata Steel’s T V Narendran

From dumping steel three-four years back, China now imports it, says Tata Steel’s T V Narendran

While the domestic consumption of steel in India has witnessed a drop due to COVID-19 pandemic, the domestic players are using this oppor...Read More

ArcelorMittal reports $110 crore net loss in Jan-Mar quarter

ArcelorMittal reports $110 crore net loss in Jan-Mar quarter

The world's largest steelmaker had posted a net income of $40 crore in the year-ago quarter, the company said in a statement.

World steel body sees emerging markets only bright spot in 2020

World steel body sees emerging markets only bright spot in 2020

New Delhi: The slowdown in economic activity in developed countries may curb global demand for steel, which is seen growing at a weaker p...Read More

Akansha Ispat: Pursuing well
thought-out ambition in steel

Akansha Ispat: Pursuing well thought-out ambition in steel

Many small medium enterprises (SMEs) had a different story to share on demonetisation, but for a steel trading company, Akansha Ispat, it...Read More

Paint border wall black with spikes: President Donald Trump

Paint border wall black with spikes: President Donald Trump

Washington: US President Donald Trump wants his proposed wall along the Mexican border should be painted black and made of steel with spi...Read More

Infra sector growth climbs to 4.7 pc

Infra sector growth climbs to 4.7 pc

New Delhi: The growth of eight core sectors improved marginally to 4.7 pc in March 2019 against 4.5 pc in the same month last year. For t...Read More

Core sector growth slips to 18-month low of 2.6percent in December

Core sector growth slips to 18-month low of 2.6percent in December

New Delhi: Eight core sectors grew at their slowest pace in 18 months at 2.6 per cent in December 2018 due to fall in output of crude oil...Read More

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