Crude Steel

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JSPL's crude steel output remains flat during April; export contributes 74% of total sales volume
Business

JSPL's crude steel output remains flat during April; export contributes 74% of total sales volume

JSPL said the outbreak of pandemic began impacting economic activity by the third week of March, leading to the announcement of the nationwide lockdown.

Coronavirus Lockdown: India's crude steel output declines 14% to 8.65 MT in March, says global industry body
Business

Coronavirus Lockdown: India's crude steel output declines 14% to 8.65 MT in March, says global industry body

The country's crude steel output decline 14 percent to 8.65 million tonne (MT) during March, according to a report by the World Steel Association

JSPL shares climb over 4% after company reports highest-ever quarterly domestic production of crude steel in Q3
Business

JSPL shares climb over 4% after company reports highest-ever quarterly domestic production of crude steel in Q3

JSPL on Thursday said its domestic production of crude steel and related products for the quarter ended 31 December 2019 stood at 1.61 million tonnes (MT), up 22 percent from the year ago period.

India's crude steel output grows 4% to 9 MT in June, says global industry body
Business

India's crude steel output grows 4% to 9 MT in June, says global industry body

India's crude steel output rose by 4 percent to 9.336 million tonne (MT) in June 2019 compared to the year-ago month, according to the World Steel Association

India's crude steel output declines 4% to 8.99 MT in January; sets target to produce 300 MT by 2030, to invest Rs 10 lakh cr
Business

India's crude steel output declines 4% to 8.99 MT in January; sets target to produce 300 MT by 2030, to invest Rs 10 lakh cr

On 25 January, worldsteel in its report noted that India's crude steel production in 2018 was at 106.5 MT, while as Japan produced 104.3 MT in 2018.

India's crude steel output up 5.4% to 61.8 million tonnes in January-July: World Steel Association
Business

India's crude steel output up 5.4% to 61.8 million tonnes in January-July: World Steel Association

The government had earlier said that India's crude steel output is expected to soar by 38 percent to 140 MT by the end of this year.

ArcelorMittal’s March quarter net profit at $1 billion, debt rises to $12.1 billion
Business

ArcelorMittal’s March quarter net profit at $1 billion, debt rises to $12.1 billion

all parts of the business reported improved Ebitda as steel prices responded to higher raw material costs and strong volume growth saw steel shipments increase by 5.1% compared to the preceding fourth quarter.