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Latest Articles in steel sector

Moody's Changes Outlook On JSW Steel's Ratings To Stable From Positive, Affirms Ba2 Ratings

Steel consumption growth slowed to about 3.5 per cent for the nine months ended December 2019 from 7.5 per cent growth for the fiscal year ending March 2019.

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Steel Becomes New Problem Child As Thyssenkrupp Posts Profit Drop

The company's net debt stood at 7.14 billion euros, nearly doubling quarter on quarter reflecting adjusted accounting of lease liabilities under the IFRS accounting standard.

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JSPL's 1.8 MTPA Coal Gasification Based DRI Plant Resumes Operations In Angul

We are targetting an additional production run-rate of 1.5 million tonnes per year of steel in FY20-21 through CGP and DRI route," said Managing Director V R Sharma.

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Steel Ministry Looks At $70bn Investments In Eastern Region

The National Steel Policy announced in 2017, the government is aiming at a total production capacity of 300 million tonne by 2030 and out of which, around 200 million tonne is envisaged from the five eastern states.

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Tata Steel Production Volume In Q3 Marginally Up At 4.46 MT

Domestic steel prices reached a nadir in October 2019 before improving from November onwards.

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Tata Steel Arm Gets Licence For Chromite Ore Mine In Odisha

Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 33 million tonnes per annum.

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JSPL Clocks New Milestones In Production During Q3 FY20

The highest ever quarterly production of 1.61 million tonnes of steel in Q3 FY20 with Raigarh and Angul operations contributing 8.17 lakh tonnes and 7.92 lakh tonnes.

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Higher Gross Spreads Expected In Steel Sector Over H2 FY20: Ind-Ra

Steel players will look to increase production levels over remaining FY20 and also capitalise on improved gross spreads, said Ind-Ra.

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Tata Steel CEO: ‘Cost Of Business’ Just As Important As Ease Of Business

T V Narendran says controlling the "cost of business" is just as important to make industry, particularly manufacturing, more competitive.

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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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