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Latest Articles in steel

40 pc of our population will live in urban centres by 2030: Hardeep Singh Puri

40 pc of our population will live in urban centres by 2030: Hardeep Singh Puri

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Enhance domestic steel usage, reduce import dependency: Dharmendra Pradhan

Enhance domestic steel usage, reduce import dependency: Dharmendra Pradhan

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Japan Crude Steel Annual Output To Fall Below 80 Million T - Steel Federation

Japan's crude steel output for the year to March 2020 was 98.43 million tonnes, down 4.3% from a year earlier.

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SAIL Stock Jumps 8% After December Sales Grow By 47%

"Despite challenging market conditions, SAIL has exhibited resilient performance consistently and will continue to do so in future also," said Chairman Anil Kumar Chaudhary.

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Core sector output declines by 1.5 pc in Nov against 3.3 pc growth in year-ago month

The core sector for October had contracted to 5.8 per cent from the 5.1 per cent contraction seen in September.

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JSPL Commissions Fourth Coke Oven Battery At Angul Steel Plant

JSPL conceived and commissioned the world's first syngas-based direct reduced iron (DRI) plant at Angul.

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Asian Steel Companies To Start The New Decade On Negative Footing: Moody's

The industry outlook is negative, reflecting the likely weakening in profitability, five out of the eight rated steel producers carry stable or positive rating outlooks.

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Steel Consumption In India Set For Quantum Jump: Pradhan

The steel sector is becoming more efficient, environment-friendly and globally competitive supported by various government policies.

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Fitch Solutions Lowers 2019 Global Steel Price Forecast

In the long term, Fitch Solutions maintains its view that prices will ease and embark on a multi-year declining track.

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ArcelorMittal Cuts Steel Demand View On Europe Slump

The Luxembourg-based company, which accounts for about 6% of the world's steel production, on Thursday said it now expected global apparent steel consumption, which includes inventory changes, to rise between 0.5% and 1.5% in 2019, from a previous forecast of 1%-1.5%.

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India Considers Raising Import Duty On Steel To Support Rupee

In the three months to end-June, India became a net steel importer for the first time in two years, with foreign supplies reaching 2.1 million tonnes, up 15 percent from a year earlier, as per official data

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Scandal-Hit Kobe Steel Seeks Loans, Shareholder Offers Support

Kobe Steel Ltd is seeking 50 billion yen ($440 million) in loans from banks, a banking source said on Monday, while a shareholder said it was ready to offer support as the company grapples with a scandal over falsified product specifications.

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Kobe Steel Crisis Deepens As More Data Tampering Revealed; Shares Tumble

Apan's Kobe Steel Ltd plunged deeper into crisis on Wednesday as fresh revelations showed data fabrication at the steelmaker was more widespread than initially thought, heightening a safety scare along the global supply chain.

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Arcelormittal Agrees On Concessions To Seal Delayed $897 Million JV With SAIL

ArcelorMittal, the world’s largest steel producer, on Wednesday said it has agreed to make concessions to Steel Authority of India on technology transfer to seal a delayed $897 million automotive joint venture

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Adani Agrees $54 Million Steel Supply Agreement With Arrium

Adani Enterprises has agreed a A$73 million ($54 million) steel supply agreement with Australia's Arrium to be used in a rail line for the proposed Carmichael coal mine

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