RP Steel and Arora Steel secondary speciality steel players impacted by the unavailability of oxygen
The upturn in the steel cycle has allowed it to reconsider overseas asset sales and plan domestic expansion and acquisitions
Finished steel exports in FY21 stood at 11.65 mn tonnes and semi-finished at 7.25 mn tonnes, up 31% and 153%, respectively, over previous year
The last time steel price rose was in Jan when it touched an all-time high. But it came off those highs as China moved into the new year holiday season on pressure from end users in domestic market
Domestic steel giant Tata Steel on Tuesday said its consolidated steel production remained almost flat at 7.4 million tonnes (MT) in the quarter ended March 31, 2021.
India's crude steel output fell by 1 per cent to 19.1 million tonnes (MT) during the first two months of 2021, according to worldsteel
The MoU for the Odisha plant comes shortly after AM/NS India completed a year of operations
The country's top four steel makers jointly produced 14.95 million tonne (MT) steel in the October-December quarter of the current fiscal, registering a 6 per cent year-on-year rise
Stocks of all major steel producers hit a new one-year high with Tata Steel leading the pack
Surge in prices of steel products that are used in the construction sector has an adverse impact on the real estate companies
Impact on IIP likely even as some economists believe consumer goods might tone it down to some extent. Core sector accounts for 40.27% of IIP
Shortage of iron ore, spike in input costs are the major impediments
It has been a mixed bag for the firm he renamed AMNS India, and while the pain of the downturn and the pandemic has subsided, other issues remain
Firm claims Covid has had no long-term impact, growth plans are on track and target of reaching 12-15 million tonne output remains
Turnaround in global steel production four successive quarters of de-growth seen as a positive for the two graphite electrode makers
Company's leverage remains high, limiting further rating upside from current 'B+'
Says people end up paying a huge premium and then the assets become unsustainable
Contraction due to decline in production of crude oil, natural gas, refinery products and steel
In Q1FY21, finished steel production crashed by 49% and consumption by 53% compared with Q1FY20 levels
Personalised services will enable MSMEs to compete internationally, says steel company.