Page 2 - India's Steelmakers

Jindal Steel and Power posts record sales, production numbers in December

Private steel maker Jindal Steel and Power Ltd (JSPL) on Monday posted a record 30 per cent jump in its standalone production and 25 per cent growth in sales during December 2020

Steel maker Micky Metals holds back expansion project over high power cost

Micky Metals is holding back an expansion plan at its steel making plant in Bengal's in Birbhum district as "high power tariff" of the state-run electricity discom is making the project "unviable"

Indian steelmakers turn net exporters to China in April-Aug: Crisil

Crude steel production fell a lower 27 percent on-year despite a massive 38 percent decline in domestic demand between April and August

Growing Chinese demand, rising global prices to help domestic steel players

Rising Chinese demand, expected supply cuts in winter and global prices rising to above anti-dumping duty levels bode well for domestic companies

Domestic steelmakers raise product prices for a second straight month

While steel producers expect the market to embrace price hike, industry officials are of the view that the consumer is not ready and continuous hikes of this kind may not be sustainable

Steelmakers fear iron ore supply disruption once leases expire next March

Industry says transition from existing to new lessee is not going to be as easy as anticipated

With strong demand, India's biggest steelmakers plan record output

JSW sees Indian steel consumption rising by as much as 7.5 percent in the 2019 financial year