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Steel production News

27 Nov 2024

India Clocks Double-Digit Surge In Steel Consumption Amid Global Slowdown

As per the National Steel Policy, the country aims to achieve 300 million tonnes of steel production capacity by the year 2030 with the present capacity at about 180 million tonnes.

Tata Steel India

06 Apr 2024

Tata Steel India Clocks Record Production

Domestic deliveries grew by 9 per cent year-on-year driven by the higher demand for steel in the country.

10 Oct 2022

JSW Steel's combined production grows 12% to 5.68 MT in Jul-Sep

The jointly controlled entities include Bhushan Power & Steel Ltd (BPSL) and JSW Ispat Special Products Ltd (JISPL). The production at 5.68 MT was 3 per cent down compared to 5.88 MT in April-June period of ongoing fiscal year.

Infrasructure sector

31 Jul 2017

Core sector growth slows to 19-month low of 0.4% in June

Infrastructure sector growth fell to 19-month low of 0.4 percent in June due to decline in output of coal, refinery products, fertiliser and cement, official data showed.

19 Apr 2017

India's steel import falls 36% to 7.4 million tonnes in 2016-17

India's import of total finished steel fell 36 percent to 7.4 million tonnes (MT) and exports jumped 102 percent to 8.2 MT in 2016-17, according to official data.

04 Jan 2017

SAIL's steel production up 15% at 10 MT in April-December

The country's largest steel maker SAIL Wednesday said it has produced 10.18 million tonnes of saleable steel in April to December period of the current fiscal, registering a 15 per cent growth over the year-ago period.

02 Jan 2017

Recent coking coal price rise puts pressure on SAIL's ops

India's largest steel maker SAIL today said there is a need to develop indigenous sources of coking coal to meet its requirements as recent rise in the price of metallurgical coal was putting pressure on its operations.

10 Sep 2016

Bhushan Steel's net loss narrows in Q1 to Rs 656.21 crore

Bhushan Steel on Saturday said its standalone net loss has narrowed to Rs 656.21 crore for the quarter ended June 30, 2016.

Steel production

15 Apr 2016

Not just China: Japan, South Korea push cheap steel as world reels

As the world reels from a flood of cheap Chinese steel, other countries including Japan and South Korea are selling products overseas at prices as much as a third lower than in their home markets, according to industry data and officials.

06 Jun 2015

RINL saleable steel production up 24% in April-May 2015

Production of hot metal, liquid steel and captive power generation also recorded a growth of 10 percent, 13 percent and 24 percent respectively, Visakhapatnam Steel Plant (VSP), said in a statement.

02 Jun 2015

India's steel consumption expected to rise 8-9% in FY16: SAIL

India, the world's fourth-largest steel producer, saw its consumption of total finished steel grow by 3.1 per cent to 76.36 million tonnes (MT) in the last fiscal from 74.09 MT in 2013-14.

20 May 2015

Tata Steel's Q4 loss at Rs 5,674 cr; to exit non-core assets

Tata Steel Wednesday reported a consolidated net loss of Rs 5,674.29 crore for the quarter ended March 31, 2015, mainly due to non-cash write downs and a "challenging" 2014-15 fiscal.

13 May 2015

SAIL completes Rs 6,325-cr expansion of Bokaro plant: Govt

State-run SAIL has completed the current phase of the modernisation and expansion of the Bokaro Steel Plant with an investment of Rs 6,325 crore, Parliament was informed Wednesday.

05 May 2015

Subdued demand hits SAIL, sales decline by 2.3% in FY'15

Sales of steel major SAIL took a hit of 2.3 percent at 11.8 million tonne (MT) in the fiscal ended March, 2015, due to subdued demand in during the July-December period.

21 Apr 2015

India retains 3rd slot in global steel production in Q1

India retained its position as the world's third-largest steel producer with a production of 14.6 million tonnes (MT) in the first three months of 2015.

16 Apr 2015

Tata Steel's FY15 crude steel production up 2% at 9.33 MT

The Tata Group's flagship firm said it produced 9.07 million tonnes of saleable steel during the year under review, up 1.56 per cent from the year-ago period.

25 Mar 2015

EU imposes anti-dumping duties on stainless steel from China and Taiwan

The European Union will impose anti-dumping duties from Thursday on imports of cold-rolled flat stainless steel from China and Taiwan, according to a notice on Wednesday in the EU`s Official Journal.

22 Mar 2015

India overtakes US as 3rd biggest steel producer

India has overtaken the US to become the third-largest steel producer in the world with a production of 14.56 million tonnes (MT) in first two months of the year.

01 Feb 2015

Centre to pump in Rs 1.5 lakh cr in 4 new steel plants

The Centre Sunday said it will pump Rs 1,50,000 crore for building four new steel plants of 20-24 million tonnes combined capacity in collaboration with the governments in four states.

02 Jan 2015

Tata Steel resumes operations at top iron ore mine

Tata Steel Ltd has resumed mining operations at its biggest iron ore mine after a more-than-three-month stoppage, a company spokesman told Reuters, a move that will help lower its reliance on costlier imports of the raw material.

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