Latest News on Steel Industry
Showing of 0 - 10 from 21 results
Steel Industry - Total results - 21
Feb 17, 2020
Coronavirus outbreak to impact steel industry for next 2-3 years: Union minister Dharmendra PradhanThe impact of Coronavirus outbreak will be felt on global steel industry for at least two to three years, as China is the largest producer of the alloy, Union Minister Dharmendra Pradhan said on Monday
Dec 26, 2019
Real bank credit growth drops drastically, UTI AMC IPO could not have been better timed; all this and more on Moneycontrol ProDespite the loan melas and multiple rate cuts, bank credit continues to remain sluggish.
Oct 07, 2019
Better days ahead as govt sops, ongoing festive season to boost demand: JSW SteelThe post-budget measures announced by the government and the ongoing festive season have renewed the hopes of alloy major JSW Steel of better days ahead, though it still remains cautious on investing in new mines
May 14, 2019
India fears Sino-US trade war will lead to dumping of Chinese steel; domestic industry asks govt to hike duties to 25%India, the world’s second-largest steel producer, turned net importer in the year ended 31 March 2019 after a gap of three years.
Jan 29, 2019
China's HBIS to buy Southeast Asian holdings from Tata Steel; firm eyes to expand overseas capacityNatSteel and TSTH have combined steel production capacity of around 3.7 million tonnes per year and assets in Singapore, Thailand, Vietnam and Malaysia.
Oct 12, 2018
Bhilai Steel Plant blast: Official inquiry raises red flag, says proper maintenance procedures were not followedOn 9 October, a massive explosion at the Bhilai steel plant left twelve workers dead. Thirteen other people sustained 80 percent burn injuries.
Jun 22, 2018
JSW Steel to invest up to $500 million to acquire, upgrade US-based steel manufacturing unit Acero Junction IncIn phase 1, JSW will revamp and restart the electric arc furnace and the slab caster, and modernise the hot strip mill.
Jan 18, 2018
Budget 2018: Secondary steel makers demand removal of import duty on scrapSecondary steel industry body All India Induction Furnaces Association (AIIFA) has urged the government to remove 2.5 percent import duty on steel melting scrap in the upcoming budget.
Sep 14, 2017
China investment growth slows to near 18-year low; output, retail also falterThe Chinese statistics bureau said hot weather and “structural adjustments” weighed on industrial output last month
Jun 13, 2017
Govt says domestic steel markets need to be protected from unfair competitionOn 3 May, the government approved the National Steel Policy that aims to achieve steel making capacity of 300 million tonnes by 2030