Steel
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India's steel demand to slow down on weak auto, manufacturing demand
Business | December 03, 2019 12:28 IST"India's steel demand growth pace will slow because of weak auto and manufacturing demand... India's demand growth, remains strongest in Asia even as growth pace slows," the US-based agency said in its outlook report titled 'Asia: Steel - 2020 outlook'. The country's steel output will increase on higher capacity utilisation as demand grows.
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Traders get more time to register with Seel Import Monitoring System
Business | November 19, 2019 14:15 ISTThe government has extended the date for traders till November 20 to register themselves with Steel Import Monitoring System (SIMS) to import 215 iron and steel products.
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Fresh stressed assets in steel to see less recovery: Report
Business | June 21, 2019 10:25 ISTThe report attributed its forecast of higher haircut to the fact that the stressed assets which may come up for insolvency are smaller in size and valuation.
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16,000 tonnes of steel turned to dust as former Bethlehem Steel headquarters get demolished
Trending | May 22, 2019 14:04 IST16000 tonnes of steel has been brought down in just a few seconds on 19th May 2019, Sunday.
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Finished steel exports fall 37 per cent, imports grow 1.5 per cent in Apr-Jan
Business | February 17, 2019 11:13 ISTProduction of the total finished steel grew 4.4 per cent to 109.18 MT from 104.56 MT in the corresponding period of the previous fiscal.
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India initiates anti-dumping probe on certain type of steel from Brazil, China, Germany
Business | August 27, 2018 16:16 ISTBefore the DGTR, Graphite India Ltd has filed an application for imposition of anti-dumping duty on imports of the product from Brazil, Germany and China.
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Tata Steel seals JV deal with Thyssenkrupp to become Europe's second-largest steel company
Business | June 30, 2018 23:28 ISTThe joint venture, which has been under discussions since September last year, combines the European steel businesses of the Indian steel major with the German firm to create Thyssenkrupp Tata Steel BV.
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Eight core sectors growth slips to 2.4 pc in July
August 31, 2017 20:07 ISTThese eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- had witnessed a 3.1 per cent growth in July last year.
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I am worried about disruptions, says LN Mittal
July 07, 2017 22:09 ISTMittal, who graduated from the college with first class in BCom, said. "It is important to learn and meet the challenges of disruptions."
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Indian steel exports grow 78% during April-February
March 18, 2017 12:49 ISTIndian steel exports have risen by 78 per cent in the eleven months (April-February) of the current fiscal and the country is on course to becoming the second largest steel producer in the world, Steel Minister Chaudhary Birender Singh said on Friday
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Deadlocked in Odisha, Posco inks pact with uttam steel for 3-MTPA Maharashtra plant
August 11, 2015 16:11 ISTNew Delhi: Steel giant Posco has signed an agreement with Shree Uttam Steel and Power, promoted by the Miglani family, to do a feasibility study to set up a 3 million tonne per annum (MTPA) integrated steel
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Hindustan Zinc increases miner safety; installs refuge chambers
July 20, 2015 16:43 ISTNew Delhi: To increase underground safety parameters, Zinc-Lead-Silver miner Hindustan Zinc on Monday said it has installed seven refuge chambers in its Rajasthan-based mines.According to the Vedanta Group company, the refuge chambers can be used
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Posco suspends $12 billion Odisha project
July 16, 2015 23:57 ISTNew Delhi: South Korean steel giant Posco has put on hold its US $12 billion steel project in Odisha due to delays in various regulatory approvals."We are tentatively suspending the Odisha project due to lack
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India overtakes US as 3rd biggest steel producer
March 23, 2015 12:22 ISTNew Delhi: India has overtaken the US to become the third-largest steel producer in the world with a production of 14.56 million tonnes (MT) in first two months of the year.India has been the fourth-largest
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India produces 7.25 million tonnes steel in March: WSA
April 24, 2014 10:43 ISTNew Delhi: India, the world's fourth largest steel maker, produced 7.25 million tonnes (MT) or just over five percent of the total global output in March, according to World Steel Association (WSA).The country, however, beat
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India becomes net steel exporter after 6 years
April 13, 2014 17:53 ISTNew Delhi: India became net steel exporter in 2013-14 after a gap of six years and is likely to maintain the momentum in 2014-15 as producers are looking to dock more overseas shipment to tide
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Steel demand in India to remain high: Tata Steel
March 09, 2014 20:48 ISTNew Delhi: Steel demand in India is expected to remain high, derived by strong fundamentals and the sector is expected to see an investment to the tune of about Rs. 2 lakh crore in coming
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JSW Steel refutes CBI chargesheet in graft case
India | October 19, 2012 10:31 ISTBangalore, Oct 19: Steel major JSW Steel Ltd Thursday denied hatching a criminal conspiracy to cause Rs.890-crore loss to the exchequer two days after the CBI filed a chargesheet against it and others in a
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Hopeful Of Acquiring Mines In Afghanistan : Steel Ministry
November 22, 2011 20:47 ISTMumbai, Nov 22: The government is hopeful of clinching mining deals in Afghanistan soon as part of its effort to acquire mineral assets overseas with deeper engagement with the Northwestern neighbour.“We have bid for four
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Posco Satisfied With MoEF Conditions: Korea
India | February 18, 2011 21:53 ISTKolkata, Feb 18: Korean Ambassador to India Kim Joong Keun today said Posco was satisfied with the conditions laid down by the Ministry of Environment and Forests (MoEF) while according green signal to the project
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