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Latest Articles in Steel

SAIL Clocks Best Quarterly Sales At 4.27 MT During Jan-Mar Qtr

The domestic steel giant's crude steel production too increased by 6 per cent during the quarter to 4.55 MT.

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Moody's Revises Tata Steel Outlook To Stable From Negative

Europe's economic activity was affected by further lockdowns and a seasonally weak winter quarter, although it has improved since the early months of the pandemic

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JSW Steel Begins Hot-Rolled Plates Production At Dolvi Works Plant

SW Steel has commenced production of hot-rolled plates from the new 5 MTPA hot strip mill facility at its Dolvi Works

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Buoyant Global Rates To Support Domestic Steel Prices Amid Possible Moderation In Demand: ICRA

Steel demand in February 2021 reported a month-on-month decline of 7.6 per cent as elevated steel prices kept some of the end-users in wait and watch mode.

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JSW Steel Shares Gain 5 % After Bhushan Power Deal Completion

The stock jumped 5.08 per cent to close at Rs 467.55 on BSE. During the day, it gained 5.62 per cent to Rs 470.

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Sapan Gupta Elevated As Global Legal Head Of Arcelormittal

Gupta joined ArcelorMittal Nippon Steel India (AM/NS India) on April 1, 2020, as general counsel with responsibility for legal affairs, compliance and company secretarial affairs.

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JSW Steel Plans To Achieve 45 MTPA Capacity Well Before 2030 With BPSL Acquisition: Sajjan Jindal

This acquisition not only aligns with our core business and purpose but also establishes our presence and accelerates our growth vision in eastern India

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Top 5 Steelmakers Seen Lowering Debt By Rs 35,000 Cr This Year And Next: Report

Domestic demand recovered strongly in the second half of FY21, clipping at 10 per cent between October 2020 and January 2021 as against a steep 30 per cent on-year fall in the first half due to the pandemic.

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Posco's Steel Plant In India Faces Disruption, Hampers Auto Supply Chain

Production activity at the facilities of vehicle manufacturers in India, is likely to come to a standstill," SIAM said, adding that Posco is one of the major suppliers of steel to the industry.

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ArcelorMittal Nippon Steel India Inks Pact With Odisha To Set

Mittal met Patnaik at his residence Naveen Niwas earlier in the day and discussed his company ArcelorMittal's projects in the state

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India's Crude Steel Output Grows 7.6 % To 10 MT In Jan: Worldsteel

'The production for the 64 countries reporting to the worldsteel was 162.9 MT in January 2021, registering a 4.8 per cent increase compared to January 2020,' the global industry body said in its latest report.

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Govt Eases Curbs On Steel For Highway Construction To Reduce Cost

The steel proposed to be used would be tested in NABL-accredited laboratories as a third party check before approval. The move is based on the analysis and discussions with stakeholders and also technical opinion.

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Govt Reduces Customs Duty On Certain Steel Items To Provide Relief To MSMEs

The 2.5 per cent duty on iron and steel melting scrap, including stainless steel scrap, and raw materials used in the manufacture of CRGO (Cold Rolled Grain Oriented) steel has been lowered to nil in the Budget.

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JSW Energy Net Profit Down Over 68 % At Rs 124 Cr In December Quarter

Total revenue of the company decreased 18 per cent on YoY basis to Rs 1,659 crore in the quarter under consideration from Rs 2,016 crore in the corresponding quarter of the previous year, primarily due to lower short term sales and reduction attributable to the impact of job work at standalone entity.

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Steel Companies Engage With Vaccine Makers For Bulk Supply Of Doses For Employees

SW Group which employs 55,000 people directly and indirectly, has plans to vaccinate its staff working at its corporate offices, plants and townships in next financial year.

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