Steel

Current Steel Demand Fed by China Stimulus

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...

Domestic Dem­and Tilts Scales Against Steel Exports

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...

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

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

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

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?

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?

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...

SteelMin seeks industry partnership in low-cost housing

~By STEEL360 BUREAU The Minister of Steel and Petroleum and Natural Gas, Dharmendra Pradhan, has appealed to steel industry leaders to partner with the government...

‘Steel Consumption Likely to be Driven by India, China for Next Few Years’

By SUDEEP AGGARWAL A look at the Indian steel industry: Outlook, challenges and solutions Ever since the dawn of the industrial revolution in India, steel has...

India: RINL restarts closed blast furnace: output to increase by 7000 tpd

By Madhumita Mookerji India's state-owned, Rashtriya Ispat Nigam Limited (RINL) restarted the first of its two closed blast furnaces (BFs) on July 17, 2020. The...

Nalco receives mining lease for Utkal-E coal block

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...