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Steel Industry

Ms. Charu Malhotra

APL Apollo Appoints Ms. Charu Malhotra As Chief Brand Officer

APL Apollo, a leader in the steel tubes industry, has taken a strategic leap to amplify its brand presence by appointing Ms. Charu Malhotra as the Chief Brand Officer.

19 August 2023

Steel Industry.

China, Vietnam's Share In India's Steel Import Basket Rises During June 2023: Official Data

At 4.84 lakh metric tonne (LMT), India's overall steel import registered a 5.9 per cent increase on a month-on-month (m-o-m) basis and 7.6 per cent over June 2022, the Ministry of Steel said

16 July 2023

Steel Authority of India Limited (SAIL)

SAIL Reports Over 50% Fall In Q4 Net Profit

SAIL reported a sharp fall in its total income to Rs 29,416.39 crore, from Rs 31,175.25 crore in the year-ago quarter

26 May 2023

A City Torn Asunder: A woman worker at the Tata Steel plant

Corrosion Leads To Losses Worth $110 Bn In India Annually: ISSDA 

ISSDA is the apex body of the stainless steel sector in India which engages with stakeholders and the government to identify the challenges in the sector and works on solutions

04 August 2023

Representational Image

Steel Industry Saved Rs 34,800 Cr Forex; Added Around 60 MT Capacity In Last 9 Years: Minister Scindia

India pushed Japan to third place to become the world's second largest steel producing nation, Union minister Jyotiraditya Scindia said

07 June 2023

JSW Steel.

JSW Steel Q4 Profit Grows 12% To Rs 3,741 Cr In Jan-Mar; Output Rises 13% To 6.58 MT

JSW Steel's net profit rose to Rs 2,828 crore from Rs 2,737 crore on a standalone basis in January-March 2022

19 May 2023

SRU Steels Limited

SRU Steels Limited Set To Soar With A Whopping 120 Crore Order From Bangladesh

The news of the lucrative order comes as a testament to SRU Steels' exceptional products and services, as it expands its reach to international markets. This deal marks a turning point for the company, positioning it for...

22 July 2023

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Jyotiraditya Scindia

Steelmakers May Be Mandated To Devote Part Of Capacity For Green Steel Manufacturing: Steel Minister Scindia

Green steel refers to the production of steel without relying on any fossil fuels

19 April 2023

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03 April 2023
SAIL Produces Record 18.28 MT Crude Steel; 19.40 MT Hot Metal In FY23

SAIL Produces Record 18.28 MT Crude Steel; 19.40 MT Hot Metal In FY23

The state-owned steel company said it is continuously ramping up its production over the years with a focus on more value-added and special-steel production


11 March 2023
Industrial Output Rises to 5.2% in January For Third Straight Month

Industrial Output Rises to 5.2% in January For Third Straight Month

IIP was 4.3 per cent in December 2022; growth fueled by sectors like power, mining and manufacturing


08 March 2023
Volatility In Steel Prices To Continue In Medium-Term: SteelMint

Volatility In Steel Prices To Continue In Medium-Term: SteelMint

Iron ore fines with iron (Fe) content of 62 per cent were moved up to Rs 5,480 tonne in February, from Rs 4,400 tonne in December 2022.


17 February 2023
Tata Steel Completes First Multi-Modal Shipment Of TMT Bars To Tripura

Tata Steel Completes First Multi-Modal Shipment Of TMT Bars To Tripura

The entire transportation from flag-off to receiving material at the distributor's warehouse in Agartala was completed in 17 days


09 February 2023
Budget 2023-24: A New Hope For The Steel Sector  

Budget 2023-24: A New Hope For The Steel Sector  

Several proposals highlighted in the Budget 2023-24 can translate to a demand in boost and new hope for the steel sector.


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27 January 2023
A NEWS FOR STEEL & METAL INDUSTRY -INVOLUTE’s NEW D.R.I.TUNNEL FURNACE

A NEWS FOR STEEL & METAL INDUSTRY -INVOLUTE’s NEW D.R.I.TUNNEL FURNACE

A multipurpose tunnel furnace recently has been uniquely designed, developed and successfully demonstrated for production of D.R.I (sponge iron) suitable for...


16 January 2023
UK Not To Impose 4% Countervailing Duty On Certain Indian Steel Products

UK Not To Impose 4% Countervailing Duty On Certain Indian Steel Products

The UK's decision not to impose the CVD on Indian steel bars and rods follows bilateral meetings at the World Trade Organisation (WTO) in Geneva


02 January 2023
Wings Of Steel

Wings Of Steel

India’s rapidly accelerating economic trajectory, focus on infrastructure development and supportive policies both reflect and foretell the growth of the TMT...


24 December 2022
More Initiatives On Anvil To Boost Steel Sector In 2023

More Initiatives On Anvil To Boost Steel Sector In 2023

Last year, the government introduced the Production Linked Incentive (PLI) scheme for specialty steel to enhance the production of the high-end alloy.


13 December 2022
PLI Scheme Qualifiers, Steel Ministry To Ink Pacts To Materialise Investment Proposals

PLI Scheme Qualifiers, Steel Ministry To Ink Pacts To Materialise Investment Proposals

The selected players have already been sent letter of approvals post selection in the scheme, a senior steel ministry official said.


22 November 2022
Govt Preparing 'Coking Coal Mission' To Diversify Raw Material Sources: Steel Minister

Govt Preparing 'Coking Coal Mission' To Diversify Raw Material Sources: Steel Minister

The mission is part of the government's efforts to reduce dependence on imports for coking coal and increase use of locally available coal in the steel making...


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21 November 2022
Removal Of Export Duty Will Lead To New Era Of Growth For Steel Industry: Scindia

Removal Of Export Duty Will Lead To New Era Of Growth For Steel Industry: Scindia

The government has cut the export duty on steel products and iron ore to nil with effect from November 19, 2022 -- six months after imposition of the levy on...


20 November 2022
NCLAT Allows Jindal Stainless To Bid For Rathi Super Steel

NCLAT Allows Jindal Stainless To Bid For Rathi Super Steel

Jindal Stainless Ltd (JSL) submitted its Rs 190 crore bid for Rathi Super Steel after the liquidator forwarded the application before the National Company Law...


19 November 2022
Steel Industry Welcomes Duty Cut On Steel Exports

Steel Industry Welcomes Duty Cut On Steel Exports

The government has cut the export duty on steel products and iron ore with effect from November 19, 2022 -- six months after imposition of the levy on May 21


14 October 2022
Tata Steel Likely To Exit From UK Steel Business In Absence Of Government Support: Report

Tata Steel Likely To Exit From UK Steel Business In Absence Of Government Support: Report

Tata Sons has reportedly said that the mentioned funding is needed in order to replace carbon-intensive blast furnaces with electric arc furnaces.


09 October 2022
India Steel Output Up 2.5% at 30 Million Tonne in July-September: Report

India Steel Output Up 2.5% at 30 Million Tonne in July-September: Report

The country had produced 29.31 MT of steel during the same quarter in the preceding 2021-22 financial year, according the data shared by SteelMint.


04 July 2022
Government Directs Steel Industry To Draw Time-Bound Action Plan To Lower CO2 Emissions

Government Directs Steel Industry To Draw Time-Bound Action Plan To Lower CO2 Emissions

India will meet a target of net zero emissions by 2070, Prime Minister Narendra Modi said at the COP26 global climate summit in November 2021


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