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Latest Articles in Steel

Siemens To Supply Digitalised Switchgear To 3 Steel Makers

Siemens will deliver advanced power transmission equipment with integrated digital technologies to steel manufacturers from the Jalna MIDC belt, Maharashtra, namely, Icon Steel, Geetai Steels and Gajkesari Steels & Alloys

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Housejoy Partners With Tata Steel For Pre-Fabricated Modular Housing Solution

The construction is three-times quicker than a traditional brick-and-mortar housing and can be completed in just six weeks.

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Steel Prices Unlikely To Soften In H2FY22: BWR

The prices of Hot/Cold Rolled Coil (HRC/CRC) prices recently were revised upwards by around Rs 5,000 per tonne, to Rs 70,000 and Rs 83,000 per tonne

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SAIL Posts 31 % Jump In Mar Qtr Net Profit At Rs 3,469.88 Cr

SAIL's net profit grew to Rs 3,443.80 crore, from Rs 2,725.16 crore in the same period of 2019-20.

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Tata Steel Mining Declared Successful Resolution Applicant For Rohit Ferro-Tech

TSML has accepted the Letter of Intent for acquisition of Rohit Ferro-Tech under the Corporate Insolvency Resolution Process of the Insolvency and Bankruptcy Code 2016, the steel maker said without elaborating further.

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Steel Becomes Costlier; Companies Hike Rates By Up To Rs 4,900/Tonne In India

SAIL, JSW Steel, Tata Steel, JSPL and AMNS India are the leading steel-making companies in the country which jointly contribute about 55 per cent to India's total steel production.

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Steel Minister Dedicates COVID Centre At SAIL Durgapur Steel Plant To Nation

A double-storied building has also been modified to be used as a COVID hospital, with all necessary installations and medical equipment

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Industry Body IPMA Seeks Govt Intervention To Regulate Rising Steel Prices

Oil and gas projects and major infrastructure projects are responsible for driving economic growth, and require fine quality steel and its products, according to the body.

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Tata Steel BSL Re-Appoints Rajeev Singhal As MD, Sanjib Nanda As CFO

The board also approved the re-appointment of Nanda as CFO for a period of one year effective May 18, 2021. His present term as CFO is expiring on May 17, it said. Nanda was appointed as the CFO of the company on May 18, 2018.

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JSPL PAT Jumps Manifold To Over Rs 1,900 Cr In Jan-Mar Quarter; Output At 2.07 MT

The company's total expenses stood at Rs 8,082.92 crore in the March 2021 quarter as compared to Rs 6,603.65 crore in the corresponding period of the preceding fiscal.

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Steel Strips Wheels Wins Orders Worth Rs 54 Cr From US, Europe

SSWL will complete execution of the orders by early July 2021 from its Chennai and Dappar plants

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Tata Steel Shares Jump Nearly 6 % After March Quarter Earnings

Total expenses rose to Rs 40,052 crore, from Rs 35,432.42 crore in the January-March period of 2019-20.

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ArcelorMittal Posts USD 2,285 Mn Net Income In Mar Quarter

ArcelorMIttal posted sales of USD 16,193 million, higher from USD 14,844 million in the year-ago quarter.

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Tata Steel Swings Into Black; Posts Rs 7,162 Cr Net Profit In March Qtr

Indian economy and domestic steel demand has been improving since then with accommodative policies, government spending and relaxation in mobility restrictions

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