Page 9 - Steel

India to hit steel capacity target ahead of time; infra bottlenecks persist

India is well on course to be a 300-mt steel capacity country, next only to China, in another 12 years

Refractories, sponge iron, re-roller SMEs to piggyback steel demand: CRISIL

Momentum in the infrastructure sector is expected to take this number up even further in the near-term, benefiting SMEs

India's crude steel output grows 2%, China's 7.5% in Sept: Worldsteel

The US produced 7.3 MT of crude steel in September 2018, an increase of 9 per cent compared to the same month last year

India set to replace US as the second-largest steel-consuming country

The steel consumption in the US is projected at 101.2 million tonnes next year, up from an estimated 99.9 million tonnes this year

Karnataka's small, medium miners plan to float pellets and steel company

While welcoming the miners' decision, the Federation of Indian Mineral Industries (FIMI) South said that this value addition will be good for the industry

Steel import fears divide domestic industry; JSW sees need for protection

Tata rules out chances of dumping of steel

Steel output in June quarter grows 4.3% to 24.73 mt

Last month, the production rose 3.24% at 8.29 mt against 8.03 mt in June 2016

Raw material security, R&D thrust areas for steel industry: Steel Minister

To enhance steel consumption, the Ministry to focus on construction and manufacturing sectors

Steel industry to marginally benefit from GST

Govt ready to provide protection to domestic pipe manufacturers against unfair trade practices

India on track to become top global steel producer: Report

India's steel output to clock an average annual growth of 8.9% during 2017-21

India takes US to WTO for failing to drop steel duties

To drop anti-subsidy duties on certain Indian steel products after losing an earlier ruling

Steel gets a boost as govt steps in to support demand

Govt is coming out with a policy to provide preference to domestically manufactured iron and steel

Jindal Steel launches 6-MTPA integrated steel plant in Odisha

The Rs 33,000-cr plant at Angul ramps up JSPL's iron & steel capacities significantly

Steel sector SMEs hope lower GST on coal will boost margins

GST on coal has been brought down to 5% from the current tax incidence of 11.69%

Stress in steel sector has eased a lot, says Birender Singh

By imposing restrictions like anti-dumping duty, we have covered 75% of steel industry, says govt

Non-performing assets in steel will disappear: Union steel secretary

Aruna Sharma says the steel sector's bad loans comprised 28% of the NPAs of the banks

Domestic steel gets infrastructure boost

Domestic steel will now get preference in infrastructure under the National Steel Policy approved by the Union Cabinet on Wednesday. The move would boost the sales of debt-laden companies.The policy would focus on increasing the country's annual steel production to 300 million tonnes by 2025, entailing an investment of Rs 10 lakh crore by 2030-31. "India should have a globally competitive steel industry and we want that the per capita steel consumption in the country should be 160 kg by 2030," Finance Minister Arun Jaitley while briefing the media after the Cabinet meeting.The existing per capita steel consumption of the country is 60 kg. The government is of the view that surplus steel capacity should be utilized for government funded infrastructure projects.The central government plans to create self-sufficiency in steel production by providing support and guidance to private manufacturers, micro, small and medium enterprises and public sector companies through this move.The ...

Cabinet may make local steel compulsory for govt infra projects: Source

The policy is broadly seen as a continuation of India's protectionist stance against China & Russia

Building India's steel capacity

Make in India starts with making steel in India

Steel output likely to rise 6% to 89 million tonnes in 2017

Steel production is expected to grow due to growing economy and increasing urbanisation