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Latest Articles in steel industry

Jindal Stainless Revenue Up 36% To Rs 2608 Cr In Q2FY18

The net profit of 27 crore for the quarter was however down by 34 per cent, compared to the first quarter of 2018 which stood at 41 crore

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JSW Steel Second Quarter Profit Up 27%

Total revenue from operations for the quarter jumped about 17 percent to Rs 168.18 billion, with total saleable steel sales rising 2 per cent to 3.96 million tonnes

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Steel NPAs: Coverage Indicators Expected To Remain Depressed

The top five troubled steel companies - Essar Steel, Bhushan Steel, Monnet Ispat, Electrosteel Steel and JSPL are seen to have the maximum NPA problems, according to State Bank of India research report

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Steel Demand Increasing In India, Right Situation To Make Future Investment: Tata Steel MD

Stability is being witnessed in the steel sector globally though it had faced some problem two years ago, Narendran told newsmen after unfurling the National Flag on the 71st Independence Day

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‘Resolving NPAs Is First Priority For Renewing Growth In Steel Demand’

Steel in India is a fragmented industry. It is in the interest of the steel industry and the Indian consumer that the sector consolidates to get the benefits of scale, cost, and efficiency

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Govt May Impose Countervailing Duty On Certain Steel Products

It has recommended that the actual duty should be the difference between the quantum of countervailing duty proposed (which is 18.95 per cent) and anti-dumping duty payable, if any.

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India In Talks With Canada's Teck Resources To Buy Coking Coal

India is in talks with Canada's Teck Resources Ltd, the largest North American producer of coking coal used to make steel, for long-term purchase agreements after a cyclonic disruption in Australia cut supplies earlier this year

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India Plans Land ‘Swaps’ To Attract Steel Investors: Steel Secretary

India is drafting a land-for-assets policy among a raft of measures aimed at attracting foreign investment into the world’s third largest steel producing market

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India Set To Topple Japan As Largest Steel Producer By 2018-19, Says Lobby Group President

After recently becoming the net exporter of steel for the first time, the Indian steel sector is now poised to grab the second position from Japan as the largest steel producer by 2018-19

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Steel: The Big Fat Debt Crisis

The unpaid dues in India’s steel industry are looming large. And even steel behemoths are barely able to keep their heads above water

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Thyssenkrupp CEO Says New Tata Management Still Wants Steel Deal

Thyssenkrupp has personal assurances from the new management of Tata that the Indian conglomerate is still interested in merging its European steel business with that of the German group

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Major Secretary-level Reshuffle; Aruna Sharma New Steel Secretary

B K Prasad, who conducted an inquiry into the missing files relating to alleged fake encounter of Ishrat Jahan, has been appointed as Secretary, National Commission for Denotified, Nomadic and Semi-nomadic Tribes for two years

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Steel: The Backbone Of India's Growth Plans

With construction and infrastructure sectors together occupying a significant share in total steel demand in India, the revival of these sectors are expected to cause a positive effect on the domestic steel industry

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