Steel

Coronavirus Lockdown: Eight core sector output contracts by record 38.1% in April; cement falls 86%, steel by 84%

The output of eight core infrastructure industries shrank by a record 38.1 per cent in April due to the coronavirus-induced lockdown, according to the official data

ArcelorMittal reports $1.1 bn net loss in March quarter; CEO LN Mittal says remainder of this year will be challenging

Global steel giant ArcelorMittal on Thursday reported a net loss of $1.1 billion for the first quarter ended 31 March, 2020 amid the coronavirus crisis

Tata Steel leaves membership of Indian Steel Association; CEO TV Narendran steps down as President

Tata Steel Ltd has withdrawn its membership from the Indian Steel Association (ISA), an apex steel industry body

Coronavirus Lockdown: Eight core industries' output contracts 6.5% in March; infra sectors log 0.6% growth in FY20

The output of eight core infrastructure industries shrank by 6.5 percent in March due to fall in production of crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity amid the coronavirus lockdown

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

Coronavirus impact: Steel demand to contract to 7.7% in 2020; hit by slowdowns in construction, auto, rail sectors

Coronavirus pandemic may take a toll on domestic steel players' expansion plans, say experts

The outbreak and spread of the COVID-19 pandemic may adversely impact the expansion plans of domestic steelmakers, according to experts

India takes US to WTO's safeguard committee for hiking duties on steel, aluminium derivatives

India has sought consultations with the US, under the WTO's safeguard agreement, against American authorities'' decision to increase import duties on derivatives of steel and aluminium products

Coronavirus Outbreak: JSW Steel says preparing to recommence operations once lockdown is over

As the 21-day lockdown period is nearing end, private steel maker JSW Steel has started preparing to scale up its production

Coronavirus Outbreak: Production at SAIL, Tata Steel plants down by 50% due to lockdown

Facing reduction in demand due to the lockdown in the country, steel makers SAIL and Tata Steel have reduced their output by about 50 percent, according to sources