Steel producers
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October 14, 2021, Thursday
India to buy coking coal from Russia; Steel firms look to diversify imports
Move is part of India's National Steel Policy 2017 under which the country aims to reach 300 mn tonne steel output by 2030 while ...
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October 07, 2021, Thursday
Coal shortage in India leads to soaring costs for steel producers
'Mills are paying more than four times the normal costs for procuring coal from e-auctions and from mines'
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September 05, 2021, Sunday
India's steel output expected to jump 18% to 120 MT in FY22: MoS Steel
India's crude steel output is expected to soar about 18 per cent to 120 million tonnes (MT) by the end of the ongoing financial ...
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August 05, 2021, Thursday
Ahead of Q1 results, Tata Steel rallies on rare double ratings upgrade
An improving balance sheet is aiding the bullish sentiment as Tata Steel joins scores of Indian corporates who are using ...
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August 04, 2021, Wednesday
S&P upgrades Tata Steel's long-term issuer rating to 'BB' from 'BB-'
The outlook on ratings is stable and reflects the view that the company can adequately deleverage to reduce volatility in credit ...
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July 30, 2021, Friday
Steel producers likely to raise prices in August, albeit marginally
Slight uptick in demand, huge gap between domestic and global prices could drive the decision
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July 22, 2021, Thursday
Union Cabinet approves Rs 6,322-cr PLI scheme for specialty steel
The scheme has an employment generation potential of about 525,000 of which 68,000 will be direct and the rest will be indirect ...
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July 22, 2021, Thursday
Stressed steel plants acquired via IBC seeing faster turnaround: CRISIL
The steel plants acquired via IBC process include Bhushan Steel, Essar Steel, Electrosteel Steels, Monnet Ispat & Energy Ltd and ...
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July 02, 2021, Friday
India starts probe into alleged dumping of electrogalvanized steel
India has initiated a probe into alleged dumping of electrogalvanized steel, used in auto and electronics industries, from Korea, ...
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June 30, 2021, Wednesday
Steel makers push for exports as rural stress impacts domestic demand
Rural off-take has taken a hit due to increased spend on health and lower incomes
