Page 14 - Steel Sector

India set to become second largest steel producer

Output will rise from 103 million tonnes (mt) this year to 110 mt in 2018

Rising risks on export front may dent fortunes of steel players

With domestic growth tepid, analysts sceptical about sustainability of price hikes

Brownfield growth key to Indian steel target of 300 mt

JSW has set a target of achieving the capacity of 40 mt by 2025

Steel exports surge 150% y-o-y in Feb, overtake imports

Shipments of the alloy surged 77% in eleven months to February 2017

Centre to mandate local steel use for infra projects

Wants to triple local production over next decade; move to boost sales of domestic companies

India mulls local steel requirement for $59 billion infrastructure spend

Japan has already threatened to take India to the WTO over some recent steel restrictions

Despite slowdown, steel firms put up stellar performance

Lower domestic demand a major roadblock; exports provide relief