Despite a 7.3 per year-on-year (y-o-y) fall, China remained the top steel producing country in May with 90.1 MT crude steel production, worldsteel data showed.
A multipurpose tunnel furnace recently has been uniquely designed, developed and successfully demonstrated for production of D.R.I (sponge iron) suitable for manufacture of Steel Ingots by melting, and as well, Iron Powders...
India pushed Japan to third place to become the world's second largest steel producing nation, Union minister Jyotiraditya Scindia said
FDI equity inflows into India declined by 22 per cent to USD 46 billion in 2022-23. The investments during the January-March 2023 quarter plunged by 40.55 per cent to USD 9.28 billion