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Latest Articles in steel industry

India Could Extend Deadline On Steel Import Rules For Automakers

Compliance to the new rules had been set for February 17, which was an extension of two months, but strict adherence to the regulations would have stalled production for India's auto industry

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Confident Of Achieving The 2030 Targets: Steel Secretary Aruna Sharma

In an interview with BW Businessworld, Steel Secretary Aruna Sharma talks about the growth of the sector, increasing per capita consumption, dealing with NPAs in the sector, evolution of private players in the steel sector and the challenges the sector is facing due to the ongoing trade wars

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Consolidation & Innovation Will Create a Structurally Sound Indian Steel Industry

It is most likely that future competitive advantage for steel enterprises with sustained higher margins above the industry average will come through innovation in process, product and business models

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Steel Demand Pick-up Positive For Industry: ICRA

The rise in demand was aided by a buoyancy in the automobile sector and recovery in the construction and capital goods sectors

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Tata Steel Third-quarter Profit Surges On Volume Growth

Total revenue from operations grew 15 per cent to Rs 334.47 billion, with revenue from Indian operations up 22 per cent

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Jindal Stainless Revenue Up 36% To Rs 2608 Cr In Q2FY18

The net profit of 27 crore for the quarter was however down by 34 per cent, compared to the first quarter of 2018 which stood at 41 crore

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JSW Steel Second Quarter Profit Up 27%

Total revenue from operations for the quarter jumped about 17 percent to Rs 168.18 billion, with total saleable steel sales rising 2 per cent to 3.96 million tonnes

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Steel NPAs: Coverage Indicators Expected To Remain Depressed

The top five troubled steel companies - Essar Steel, Bhushan Steel, Monnet Ispat, Electrosteel Steel and JSPL are seen to have the maximum NPA problems, according to State Bank of India research report

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Steel Demand Increasing In India, Right Situation To Make Future Investment: Tata Steel MD

Stability is being witnessed in the steel sector globally though it had faced some problem two years ago, Narendran told newsmen after unfurling the National Flag on the 71st Independence Day

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‘Resolving NPAs Is First Priority For Renewing Growth In Steel Demand’

Steel in India is a fragmented industry. It is in the interest of the steel industry and the Indian consumer that the sector consolidates to get the benefits of scale, cost, and efficiency

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Govt May Impose Countervailing Duty On Certain Steel Products

It has recommended that the actual duty should be the difference between the quantum of countervailing duty proposed (which is 18.95 per cent) and anti-dumping duty payable, if any.

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India In Talks With Canada's Teck Resources To Buy Coking Coal

India is in talks with Canada's Teck Resources Ltd, the largest North American producer of coking coal used to make steel, for long-term purchase agreements after a cyclonic disruption in Australia cut supplies earlier this year

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India Plans Land ‘Swaps’ To Attract Steel Investors: Steel Secretary

India is drafting a land-for-assets policy among a raft of measures aimed at attracting foreign investment into the world’s third largest steel producing market

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India Set To Topple Japan As Largest Steel Producer By 2018-19, Says Lobby Group President

After recently becoming the net exporter of steel for the first time, the Indian steel sector is now poised to grab the second position from Japan as the largest steel producer by 2018-19

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Steel: The Big Fat Debt Crisis

The unpaid dues in India’s steel industry are looming large. And even steel behemoths are barely able to keep their heads above water

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