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Latest Articles in Steel
JSPL Output Grows 5%; Sales Jump 10% In July-September
JSPL's sales volume surged 10 percent year-on-year "to hit a record" of 2.13 million tonne during the quarter,
Read MoreComm Min For Extending Anti-Dumping Duty On Certain Steel Products
Anti-dumping measures are taken to ensure fair trade and provide a level playing field to the domestic industry. It is not a measure to restrict imports or cause an unjustified increase in the cost of products.
Read MoreSAIL Returns To Black; Posts Rs 3,897-Cr Net Profit For June Quarter
Total expenses stood at Rs 15,604.07 crore, against Rs 11,325.10 crore a year ago.
Read MoreJSPL's Crude Steel Output Grows 8 % To 6.5 Lakh Tonne In July
Exports accounted for more than 40 per cent of the total sales volumes due to high spot demand from international markets
Read MoreSteel Production Impacted In Apr-Jun 21 Qtr: Minister
States which received less than 5,000 tonne LMO are Bihar, Delhi, Assam, Kerala, Goa, Punjab, Rajasthan, Jammu & Kashmir, and Uttarakhand.
Read MoreJindal Stainless Reports Rs 271-Cr Profit For Apr-Jun; Announces Rs 2,150-Cr Expansion Plan
The board of the company also approved a proposal for enhancing the capacity of the Jajpur facility in Odisha from 1.10 MTPA to 2.10 MTPA (million tonne per annum) at an investment cost of Rs 2,150 crore, JSL said.
Read MoreJSPL Receives Revised Rs 7,401-Cr Offer For Arm Jindal Power
The transparent bidding process will be advertised in the public domain and will present an equal opportunity for interested bidders from around the world to come forward and improve the offer
Read MoreJSW Steel Output Grows 39 % To 4.10 MT In Jun Qtr
The capacity utilisation level of the company came down to 91 per cent during the quarter under review, compared to 93 per cent a year ago due to a shortage of oxygen supply, which was diverted for medical purposes to combat the COVID-19 virus.
Read MoreJSPL Announces Over Rs 1 Lakh Cr Investment In Odisha In Next 10 Years
These projects will add steel production capacity of 28 million tonnes, in line with CM's vision of 2030 to make Odisha the steel hub of India by increasing production to 100 million tonnes
Read MoreTata Steel June Quarter Crude Steel Output Jumps Over 43 %; Sales Up 35 %
Tata Steel Europe's steel production grew by 27 per cent to 2.73 MT, compared to 2.15 MT in the year-ago quarter. While the deliveries increased by 19 per cent to 2.36 MT from 1.98 MT a year ago.
Read MoreTata Steel Transfers Stake In HSMS, TSAML To Subsidiary Cos
It has also transferred its 100 per cent stake held in Tata Steel Advanced Materials Limited (TSAML) to another subsidiary company Tata Steel Downstream Products Limited (TSDPL).
Read MoreCARE Ratings Upgrades JSHL's Long-Term, Short-Term Bank Facilities
The ratings for JSHL's long-term bank facilities has been upgraded to CARE A+ and the rating for short-term bank facilities has also been upgraded to 'CARE A1+
Read MoreJSW Neosteel Gets Greenpro Certification From CII
JSW Neosteel TMT bars not only have the perfect balance of strength and ductility, but are also better for the environment offering 100 per cent recyclability and life cycle cost, Jayant Acharya, Director, Sales, Marketing and Corporate Strategy, JSW Steel,
Read MoreIndia Starts Probe Into Alleged Dumping Of Electrogalvanized Steel From Korea, Japan, Singapore
If it is established in the probe that the dumping is denting margins of the domestic firm, the DGTR would recommend anti-dumping duty with a view to guard local industry from cheap imports.
Read MoreTata Steel Advances Process Of Merger With Tata Steel BSL: Chandrasekaran
The industry recovered gradually in the third and fourth quarters driven by a strong revival in the domestic steel demand and rebound in manufacturing and infrastructure development activities in India.
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