steel industry


JSW Steel, Japan's JFE Ink Pact To Manufacture Electrical Steel In India

Banking - Published date: .

The JV shall be able to manufacture the entire range of CRGO products at its proposed facilities at Vijayanagar, Karnata... Read more

NCLT Okays AM Mining India's Resolution Plan For Indian Steel Corporation

Banking - Published date: .

ArcelorMittal India on Monday said a resolution plan submitted for Indian Steel Corporation by its arm AM Mining India h... Read more

Steel Firm AM/NS India's EBITDA Drops 62.75% To $162 Mn In Dec Quarter

Banking - Published date: .

Joint venture firm says lower selling price and India's duty on steel exports last year impacted business Read more

Govt Scraps Sale Of SAIL's Bhadravathi Plant On Low Bidder Interest

Banking - Published date: .

The government on Wednesday scrapped the privatisation of SAIL's Bhadravathi steel plant due to insufficient bidder inte... Read more

Adani Group To Foray Into Steel Sector, Eyes RINL Bidding In January 2023

Banking - Published date: .

After an entry into the cement sector by acquiring Ambuja Cement and ACC, Adani Group is now eyeing the steel sector wit... Read more

JSW Steel Crude Steel Output Grows 14 Pc To 15.69 LT In Jul

Banking - Published date: .

JSW Steel on Tuesday posted 14 per cent year-on-year growth in its crude steel output to 15.69 lakh tonne (LT) in July 2... Read more

We'll Stay The Course In Our Strong Expansion Of Tata Steel: Chandrasekaran

Banking - Published date: .

Tells investors at AGM that Indian steel industry is globally competitive and companies should be able to expand capacit... Read more

Tata Steel's Acquisition Of NINL To Strengthen Long-steel Output: Moody's

Banking - Published date: .

Moody's Investors Service on Monday said the acquisition of Neelachal Ispat Nigam Ltd by Tata Steel arm is credit positi... Read more

JSW Steel Examining Bid For Sanjeev Gupta's British Business: Report

Banking - Published date: .

JSW's interest, which extends to plants including Gupta's Adhunik steel mill in eastern India, could mark yet another ch... Read more

UK's Anti-fraud Agency Investigating Sanjeev Gupta-led GFG Alliance

Banking - Published date: .

The London-based lender supplied billions of dollars in loans to GFG, many of which were packaged and sold as funds Read more

Centre's Disinvestment Plan: A Stress Test For Zombie Steel Plants

Banking - Published date: .

The disinvestment of loss-making plants may likely attract interest from secondary steel makers rather than the big play... Read more

3 Entities Of Tata Group Re-enter The Indian Steel Association Fold

Banking - Published date: .

Bhushan Power & Steel, which was recently taken over by JSW Steel, has also re-entered the ISA fold Read more

Tata Steel Backs New Global Framework For Decarbonising Heavy Industries

Banking - Published date: .

Tata Steel said it has joined a network of heavy industries and civil society groups that will provide a global framewor... Read more

Duty Cut On Steel Products To Exert Near-term Pressure In Indian Cos: Icra

Banking - Published date: .

Decision will make imports competitive, Chinese firms may gain Read more

Steel Producers, Buyers, Material Suppliers Fight Over Price Hike

Banking - Published date: .

Steel manufacturers had focussed on exports during the lockdowns to stay afloat Read more

India's Steel Companies Leading Metals Towards Best Rally In Decade

Banking - Published date: .

The S&P BSE Metal Index has surged by around a third so far in the three months through December, jumping the most s... Read more

Steel Firms Say They Are Bullish On Demand, Prices After Coronavirus Crisis

Banking - Published date: .

Recovery has been sharp after the economy opened up, say industry leaders at a conclave Read more

Minar Group Forays Into Tamil Nadu With New Brand, To Employ 500 People

Banking - Published date: .

Kerala-based Minar Group of Companies on Friday entered the Tamil Nadu market by introducing its new brand Lohind TMT Fe... Read more

ArcelorMittal-Nippon JV Launches Brands In HR Steel, Rolled Plate Segments

Banking - Published date: .

Products will be sold via the firm's hypermarkets and will largely target users in the MSME space Read more

Margins Under Pressure, Steel Industry Seeks Ban On Exports Of Raw Material

Banking - Published date: .

The domestic secondary steel industry contributes nearly 55 per cent to the total production of the alloy in the country Read more