Global macroeconomic challenges to shape turnaround of JSW Steel and Bhushan Power & Steel
Reports steel shipments of 1.51 MT in quarter, compared with 1.72 MT a year ago and 1.73 MT in previous quarter
JSW Steel on Thursday posted a 10 per cent growth in its crude steel production at 13.67 lakh tonne (LT) during May 2021
The country had produced 8.981 MT crude steel during the same month last year
Outside of China, steel operations continued to struggle, with production slipping by 20.6% in Japan, down 13.4% in Germany and falling 24.4% in the United States
China, which had for the first time in many months reported a 1.7 per cent fall in its output in March at 78.97 MT, has started showing growth in production, the data showed
Coking coal imports in November declined by 14.52 per cent to 3.61 million tonnes (MT), against 4.22 MT in the same month last fiscal, Iman Resources said
While compulsory registration will monitor steel product inflow into the country, the specifications seem unwarranted, the engineering exporters' body said
Domestic production up 5% compared to China's 10% and global output rise of 4.9%; EU churns out 2.5% less steel
India, Japan witnesses increased production, while China reports a drop of nearly 1%