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Current Steel Demand Fed by China Stimulus

Steel 360 Editor -
By RAJ S. VAIDHYANATHAN The year 2020 has been a challenging one for the Indian economy. The recycling industry, which employs 1.75 million people and...

Plans in the Pipeline

Steel Shubham Rai -
By SHUBHAM RAI Pipes & tubes players pin hopes on city gas & water distribution projects & rural demand In 2019, India’s steel industry set two...

Domestic Dem­and Tilts Scales Against Steel Exports

Steel 360 Editor -
Traders have been experiencing a lull in terms of export shipments in September after hitting a record high of 2.44 million tonnes (MnT) in...

India: Steel minister seeks report on increasing per capital steel consumption

Steel Shubham Rai -
Union Steel Minister Dharmendra Pradhan asked industry body Confederation of Indian Industry (CII) to submit a report on how to enhance per capita steel...

Chaube blames ‘marketing lethargy’ for low rural per capital consumption

Steel 360 Editor -
Rural India, in these COVID-19 times, has come to the rescue of the steel industry and continues to provide solace to the domestic steel...

Govt aims to provide level-playing field to industries for wealth creation: Pradhan

Steel 360 Editor -
The Minister of Steel & Petroleum and Natural Gas, Dharmendra Pradhan, appealed to steel industry leaders to work with transparent policies and generate employment...

IFAPA Irked by MEIS Blocking

Steel 360 Editor -
By ROHAN BAID & NIRMALYA DEB Scheme replacement can lead to 2% per tonne loss for industry The government's decision to block the online system for...

Taxing Times: How Competitive is Indian Steel?

Steel 360 Editor -
By NIRMALYA DEB The recurring debate on the cost competitiveness of the Indian steel industry has taken an altogether new dimension in the context of...

Are Steel Mills Losing Exports Appetite?

Steel 360 Editor -
By MADHUMITA MOOKERJI Industry gets busy in feeding rising domestic demand Indian steel exports have been more or less on an upswing since April, 2020, when...

Will Auto Sector Accelerate in FY22E?

Steel Shubham Rai -
Around 20% slowdown in volumes growth expected in FY21E ~By SHUBHAM RAI   The coronavirus outbreak has heavily impacted the automotive sector. In fact, the automotive industry...
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Nalco receives mining lease for Utkal-E coal block

360 Editor -
National Aluminium Company Limited (Nalco), the navratna CPSE, and leading producer of alumina and aluminium in the country, has been granted the mining lease of Utkal-E...

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