Page 2 - Steel Output

Bullish on India, Posco may have another go at setting up greenfield unit

Joint working group with Posco and RINL representatives will be formed to implement investment on land owned by Rashtriya Ispat Nigam Ltd (RINL) at Vizag

Moody's Investors Service revises outlook on JSW Steel to negative

Move reflects deterioration in credit profile due to challenges brought by the pandemic

We were some weeks ahead in tackling Covid in India: Tata Steel's Narendran

In telephonic Q&A, the MD & CEO of India's oldest steel producer, dwells on how his firm kept domestic operations ready for the pandemic, taking cues from Europe much before lockdown got announced

We have higher acquisition targets in India: Sanjeev Gupta of Liberty House

In a Q&A, the executive chairman of the group dwells on the initial frustrations while entering India, and the road ahead

Steelmakers ready to fill void left by Chinese firms: JSL's Abhyuday Jindal

The overall growth of stainless steel industry, like many other industries, and in fact, all of Indian economy, is bound to witness contraction in FY21, says Abhyuday Jindal

Steel demand to nosedive 60-65% in Q1, recovery unlikely before Q3

Companies to either delay or shelve Capex plans

India's steel demand likely to fall by 18% in 2020, Worldsteel report

Although the downturn is led by consumer and service sectors, massive dislocations in spending, labour markets, and confidence are fuelling declines in steel-using sectors, the global body said

Target 300 million tonnes: Steel companies gear up for value creation

Industry majors saw in sick assets an opportunity to expand operations

India's crude steel output slips 65% to 3.13 MT in Apr: World Steel report

China, which had for the first time in many months reported a 1.7 per cent fall in its output in March at 78.97 MT, has started showing growth in production, the data showed

Steel output slumps 13% in March due to Covid-19, steepest fall in 8 years

The lockdown also had a profound impact on coal production, which contracted for the first time since 2012

ArcelorMittal India FY20 steel output at record level of 7.23 mn tonnes

Production up 5% from last year despite challenging economic conditions, including Covid-19 fallout

Steel output to dip as coking coal imports fall by 14.52% to 3.61 MT

Coking coal imports in November declined by 14.52 per cent to 3.61 million tonnes (MT), against 4.22 MT in the same month last fiscal, Iman Resources said

100% FDI in coal mining will help India to reach 300 MT target: Deloitte

India's move to allow 100 per cent foreign direct investment in coal mining is a "positive move" and a good policy enabler towards the country's long-term ambition of producing 300 million tonnes of steel per annum, a Deloitte official has said. "I think it is a positive move on the part of the government... The global macro-economic environment is softening and it is a step in the right direction," Andrew Swart, Global leader, Mining & Metal, Deloitte, told PTI. In August, the government had allowed 100 per cent foreign investment in coal mining and contract manufacturing. "You get a real opportunity to bring in technical skills in the exploitation of these particular deposits and that's where a lot of international players can add a lot of value to the sector," Swart added. There is an opportunity to partner with some of the global miners specifically in the area of technology transfer, he said and added that this would be an important step in advancing the competitiveness of ...

India to be net exporter of steel in the next 3 years: Dharmendra Pradhan

At present, the country is importing around 2-3 million tonne (mt) of steel from the overseas market

Odisha outpaces pan-India growth in steel production between 2014 and 2018

Odisha has the potential to reach up to 102.7 mt of production by 2031

Per capita steel consumption in India a third of global figure: Study

In contrast, China's consumption of the alloy was more than twice the world average and over eight times the Indian figure

India to surge past US in steel use in 2019, rank next only to China: study

Country will continue to hold second spot in 2020; While fiscal deficit might weigh on public investment to an extent, continuing infra projects are likely to support 7% growth in steel demand

India needs Rs 10 trn to meet 300 mn tonne steel output by 2030: Minister

An investment of Rs 4 trillion would be made in Odisha to raise the steel production

India's crude steel output to soar by 38% to 140 million tonnes in 2018

According to global steel body Worldsteel, China occupies the top global position as far as steel production is concerned

Top six steel firms' share in India's total steel output 58% in Apr-Jan

JPC is the only institution in the country which collects and maintains data on the Indian iron and steel industry