Shutting down blast furnaces – what does it mean for Indian steel mills?

By Nirmalya Deb   The coronavirus pandemic has hit the manufacturing sector hard, not just because of the scarcity of manpower during the prevailing lockdown period...

COVID-19 Impact: Force Majeure gives auto component vendors sleepless nights

By Madhumita Mookerji   In these unprecedented times of COVID-19, when the global economy is screeching to a halt, three companies in the automobile sector have...

IRMA wants Indian refractory sector to function uninterrupted

The refractory fraternity wants refractory and refractory raw materials supply chain to be brought under the Essential Services Maintenance Act (ESMA), 1981 and be...

Indian Steel demand not likely to resume before third quarter

By MADHUMITA MOOKERJI The Novel Coronavirus or Covid-19 rampaging across the globe is taking a huge toll on domestic steel demand, which has been reduced...
India Finish Steel Production FY20 (April-February)

Covid-19 may bring India’s steel production to a halt

By MADHUMITA MOOKERJI The 21-day lockdown on account of Covid-19 has taken a sizeable toll on India’s steel production, with a total mere 30% of...

India Set to Surpass Japan as Korea’s Largest HRC Importer in 2019

India is set to overtake Japan this year as the largest importer of South Korean hot rolled coils (HRC) on active imports from POSCO...

Will Steel Traverse Greenfield Route to 300 MnTPA?

While realists have already far outnumbered those still optimistic about India achieving 300 million tonnes per annum (MnTPA) of steel-making capacity by 2030-31, the...

De-reserving of Sukinda Block to Open Floodgates of Aggressive Bidding

Volatility cloud hangs over Indian ferro chrome market Sukinda, India's chromite valley, has been hitting the headlines off and on for the last decade or...

India’s Iron Ore Output & Consumption Rising y-o-y

India's production of this steel-making raw material is up 13% in CY19 Iron ore production in India in calendar year (CY) 2019 surpassed 231 million...

Hope Floats for Steel in Budget 2020-21

The Union Budget 2020-21 – or as Finance Minister Nirmala Sitharaman called it the traditional Bahi Khata 2020-21 – with its accent on infrastructure,...

PR and Awards

SAIL posts net profit of INR 2,021.54 crore in FY20

Steel Authority of India Limited (SAIL) posted a net profit of INR 2,021.54 crore in financial year (FY) 2019-20 (FY20). The PSU earned a...
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