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Page 4 - Steel Production

Hopeful of V-shaped recovery for steel sector: CEO Vedanta Electrosteel

'Expectedly, steel enterprises like ours acquired from the sickbay have suffered major production setback since the outbreak of Covid-19'

Hopeful of V-shaped recovery for steel sector: CEO Vedanta Electrosteel
Updated On : 28 May 2020 | 9:44 PM IST

Icra revises domestic steel industry outlook to negative from stable

Sees domestic demand for the alloy declining by 20% in FY21

Icra revises domestic steel industry outlook to negative from stable
Updated On : 19 May 2020 | 5:26 PM IST

ArcelorMittal India FY20 steel output at record level of 7.23 mn tonnes

Production up 5% from last year despite challenging economic conditions, including Covid-19 fallout

ArcelorMittal India FY20 steel output at record level of 7.23 mn tonnes
Updated On : 23 Apr 2020 | 10:05 PM IST

Budget wishlist: Steel industry expects relief from taxes, logistic costs

Hopes are running high in the aluminium industry that the finance minister will finally end the inverted duty regime

Budget wishlist: Steel industry expects relief from taxes, logistic costs
Updated On : 16 Jan 2020 | 3:02 AM IST

Bhilai-like steel plant planned in Vidarbha's naxal belt: Maharashtra CM

Facility to come up in Gadchiroli district's Surjagad, known for its mineral deposits and dense forest

Bhilai-like steel plant planned in Vidarbha's naxal belt: Maharashtra CM
Updated On : 21 Dec 2019 | 4:50 PM IST

Tata Steel beats auto sector blues with higher sales in branded products

During April-September of FY20, Tata Steel's sales volumes in industrial products and projects moved up by eight per cent year-on-year (y-o-y)

Tata Steel beats auto sector blues with higher sales in branded products
Updated On : 11 Nov 2019 | 9:46 PM IST

Liberty Steel's Sanjeev Gupta to consolidate steel business under one head

Liberty Steel as part of the GFG Alliance is a global group of energy, mining, metals, engineering, logistics and financial services businesses

Liberty Steel's Sanjeev Gupta to consolidate steel business under one head
Updated On : 29 Oct 2019 | 11:18 PM IST

Decline in steel price to lift profit margins of pipe manufacturers

A report from Edelweiss Research suggests 20-25% decline in the prices of hot rolled coil (HRC) and steel raw materials

Decline in steel price to lift profit margins of pipe manufacturers
Updated On : 26 Oct 2019 | 12:38 AM IST

Tata Steel draws up plan to boost competitiveness, lower logistics cost

"The immediate plan is to own eight to nine rail rakes. This will be done in the next one year through Tata Martrade International Logistics (TMILL), our subsidiary," says Tata Steel CEO

Tata Steel draws up plan to boost competitiveness, lower logistics cost
Updated On : 27 Jul 2019 | 11:48 PM IST

Steel mills to roll over product prices in July despite hike in input costs

They are unwilling to revise prices upwards following weak demand due to sluggish infrastructure and construction activity

Steel mills to roll over product prices in July despite hike in input costs
Updated On : 04 Jul 2019 | 12:53 AM IST

India's crude steel production remains almost flat at 8.662 MT in April

"Crude steel production stood at 8.662 MT in April 2019, up by 0.1 per cent over April 2018," the steel ministry said.

India's crude steel production remains almost flat at 8.662 MT in April
Updated On : 27 May 2019 | 12:21 PM IST

Finished steel output projected to grow by 6-8% in FY19: Report

Ratings agency CARE Ratings feels the upward trend in production and consumption is expected to continue through the rest of this fiscal

Finished steel output projected to grow by 6-8% in FY19: Report
Updated On : 05 Nov 2018 | 12:32 AM IST

Global steel output up 4.6% in H1 as strong margins tempt mills to ramp up

Crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 881.5 million tonnes (mt) in the first half.

Global steel output up 4.6% in H1 as strong margins tempt mills to ramp up
Updated On : 27 Jul 2018 | 1:29 AM IST