During Q2, Tata Steel not only achieved its highest-ever domestic deliveries of 5.05 million tonnes (MT), volumes at its European operations too, rebounded to year-ago levels
The increase was on the back of a pick-up in domestic demand in rural and non-infra spaces
An unexpected surge in Chinese demand has sent global iron ore prices to a six-and-a-half-year high but export restrictions prevent Indian companies from taking advantage
Fimi, EEPC raise issue with the govt over price hike, saying domestic market rates are higher than export prices
Demands domestic steel price monitoring, regulation mechanism
JSW Steel said on Thursday that it had started the roll-out of JSW Radiance, a steel colour-coated product range in high-gloss feature with multiple variants
The Indian ship recycling industry is also facing competition from Bangladesh and Pakistan which are offering more competitive prices for vessels as well as enjoying better domestic steel prices
Supported by strong domestic demand in China, healthy exports, and rebound in domestic demand, global brokerage Morgan Stanley believes the steel industry's profitability cycle is turning faster
Revenue from India operations stood at Rs9,145 crore, down 42 per cent from same period last year.
Improving realisations and cheaper raw material should help profitability, though domestic demand is yet to reach pre-Covid levels
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Indian companies hope they can in the next few months bridge a 7 per cent gap between international and domestic prices
Both HRC and rebar prices were down 3 per cent and 4 per cent month-on-month respectively in mid-June
In a Q&A, the executive chairman of the group dwells on the initial frustrations while entering India, and the road ahead
Shrinking domestic demand offers the industry the chance to become globally competitive
Ensuring return of labour as important as sending them back home, says Seshagiri Rao
As steel prices crash, firm facing winner's curse with Rs 19,700-cr acquisition
The association has written a letter to Minister of Housing and Urban Affairs Hardeep Singh Puri seeking his intervention in the matter
Care Ratings says the performance of domestic steel makers is likely to be impacted due to Covid-19 and lockdown
The steel sector has been gradually recovering from lows since November