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Latest Articles in steel industry

Govt's Efforts To Increase Investment, Export In Steel Sector

The government has taken various measures for increasing investment and export in the steel sector

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Govt Directs Steel Industry To Draw Time-bound Action Plan To Lower CO2 Emissions

According to a ministry document, the iron and steel industry globally accounts for around 8 per cent of total carbon dioxide (CO2) emissions on an annual basis, whereas in India, it contributes 12 per cent to the total CO2 emissions

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Steel Minister Chairs A Session With Uttarakhand Steel Association

The Minister interacted with the members of the Uttarakhand Steel Association and discussed opportunities and challenges in secondary steel industries

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Steel Sector Can Grow Sustainably In Harmony With Nature

The global steel industry is set to account for nearly 35% of fossil fuel-related emissions by 2050

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Export Duty Hike: Ficci Seeks 3 Months To Clear 'Pending Steel Orders'

Reacting to the government's move to levy export duty on some steel items, V R Sharma, co-chair of FICCI Steel Committee said, "I suggest at least three months should be given to taper off orders and to supply the orders taken"

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Steel Minister Dedicates To Nation JSPL's 1.4 MT Rebar Mill at Angul Plant

The ultra-modern rebar mill of 1.4 MTPA (million tonne per annum) capacity is located at JSPL's 6 MTPA plant in Angul, Odisha

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Goyal Urges Steel Makers To Address Small Industries' Cost Concerns

The meeting was convened to address the issues raised by small industries and exporters about steel input prices.

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From Steel To Aluminium: The Brace For An Enormous Transition In EV's

Today, downstream Aluminium is working to make the best alloys and solutions available to meet the EV manufacturing requirements for both vehicles and associated charging infrastructure. It will increase its usage per vehicle and fulfill Global goals of using EVs made sustainably

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I-T Dept Detects Rs 300-Cr Black Income After Raids On Maha-Based Steel Rolling COs

The searches on the business groups, engaged in manufacturing steel TMT bars and billets mostly using steel scrap as raw material, were conducted on September 23 on 32 premises located in Jalna, Aurangabad, Mumbai, Pune and Kolkata.

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No Antidumping Duty On Flat Rolled Steel Products From 15 Countries

In international trade parlance, dumping happens when a country or a firm exports an item at a price lower than the price of that product in its domestic market.

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Govt Extends Antidumping Duty On Certain Steel Items Till Dec 15

The commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR) had recommended for the extension of the duty on these products.

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Earth Day: Steel Industry Needs To Adopt Eco-friendly Measures

This Earth Day, companies should vow to take all measures to ensure that there is no environmental degradation due to manufacturing processes across industries and to reduce their carbon footprint as much as possible.

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Steelmakers Write To PMO Defending Price Hike, Demand Iron Ore Export Ban

The ISA mentioned about the issues related to iron ore, price rise of raw materials, shortage in global steel supply and lower capacity utilisation due to COVID-induced disruptions.

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SAIL Posts Rs 436 Cr Net Profit In Q2

The company had posted Rs 285.92 crore net loss in the year-ago quarter, Steel Authority of India Ltd (SAIL) said in a BSE filing.

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JSPL Q2 Loss Widens To Rs 706 Crore

Total income of the company on a consolidated basis in July-September increased to Rs 9,137.43 crore from Rs 7,688.62 crore a year ago.

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