Steel

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...

Galvanised Rails on Track to be INR 1,400-cr Opportunity

By NIRMALYA DEB & MADHUMITA MOOKERJI If all goes well, Indian Railways (IR) could be having an INR 1,400-crore, 2 lakh tonnes per annum order...

RHI Magnesita Eyes Growth Prospects in India

Refractory maker looking at initial growth of 6% CAGR provided steel fundamentals stay strong By NIRMALYA DEB Softening steel prices and sluggish sentiments prevail in the...
Steel Demand

China steel demand to grow 7.8% in 2019: worldsteel

Global finished steel demand for calendar 2019 to grow at a revised 3.9% to touch 1,775 MnT The World Steel Association, often abbreviated as worldsteel,...
Essar Steel

Essar Steel eyes hike in value-added steel share to 60%

By Steel 360 Bureau Integrated steel producer Essar Steel is looking to increase the share of its value-added products to touch 60%, going forward, from...
Union Minister for Steel Dharmendra Pradhan addressing the gathering at Chintan Shivir on September 23rd

Reduce exports of minerals, focus on value-addition: Steel Minister Pradhan

Union Minister of Steel Dharmendra Pradhan stressed on global outreach as a means of sourcing raw materials as well as exploring new overseas markets...

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...

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