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Latest Articles in Steel

Rourkela Plant To Develop High Strength Steel Using Russian Technology

Technology of manufacturing high strength steel is being transferred from Russia to India, according to a Rourkela Steel Plant statement

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Tata Steel To Start Commercial Production At Odisha Plant By September

With the Kalinganagar plant's first phase, annual capacity of the steel major is expected to go up to 13 -million tonnes in India

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Steel Imports Drop For Fourth Straight Month As Tax Helps

Domestic steel makers including JSW Steel, Tata Steel and Kalyani Steels have lobbied the government for more protectionist measures

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Steel Companies Gain As India Imposes Minimum Import Price

China and Japan are exporting large quantities of steel to India to tide over their own poor demand due to slowing economies and over-capacity

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Tata Steel Posts Steep Q3 Loss On Cheap Imports

Sales fell 16.5 per cent as prices dropped, reflecting the availability of cheaper imported steel mainly from China in Europe and India

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KIOCL Considers Building Iron Ore Plants In Iran

India had remained one of Iran's top oil buyers during the Western trade curbs and is already in talks to buy more now that the sanctions have been lifted

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JSW Steel Reports Q3 Loss; Lowers Output, Sales Target

Steelmakers globally have been hit by weak prices and dumping of cheap steel by China. A sharp increase in imports from Japan and South Korea, who have free trade agreements with India, have also weighed on Indian steel companies

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ArcelorMittal Mothballs Spanish Steel Plant

The world's biggest steelmaker blamed the indefinite closure in its steel plant at Sestao in Spain, which could affect as many as 330 jobs, on adverse market conditions in the steel industry across Europe

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Steel Companies May Report Subdued Q3 Numbers

The quantum of steel price decline will be higher and operating margins are expected to decline, says a study

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Tata Steel Odisha Plant To Start Production From April

Though 2015 was bad for the steel market due to sluggish demand and cheap imports, Tata's Jamshedpur plant will end the year with production close to its rated capacity of 10 MT

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Greybull Capital Favourite To Buy Tata Steel's UK Unit

Britain's largest steelmaker has been trying to sell its long products unit, which makes steel used in construction, since last year with increasing urgency as a global steel crisis intensified and prices hit decade lows

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