Steel sector not witnessing any major slowdown: SAIL chairman Anil Kumar Chaudhary
Commenting on ratings given by different global rating agencies, SAIL chief Anil Kumar Chaudhary remarked that these agencies keep on changing their outlook with the change in circumstances.
Sep 23, 2019, 16:14 PM IST
Tata to invest in Port Talbot steel plant post-Thyssenkrupp merger: Sources
The global steel sector is emerging from a crisis in which global prices slid to 12-year lows in late 2015.
Feb 12, 2018, 23:47 PM IST
Union Budget 2018: Here's what the steel sector expects from the Modi govt
The Union Budget will be presented on February 1, 2018.
Jan 30, 2018, 20:30 PM IST
GST to be positive for auto, retail; negative for SMEs: Fitch
New indirect tax regime GST is likely to be beneficial for auto, cement and organised retail sectors, but will have a negative impact on oil and gas, and SME sectors, Fitch Ratings said on Tuesday.
Jul 18, 2017, 13:40 PM IST
Tata Steel hopes to get back normalcy soon
Private steel major Tata Steel on Sunday expressed confidence that the situation would be back to normal in the next quarter after the company's performance was impacted temporarily in November last owing to demonetisation.
Jan 01, 2017, 18:00 PM IST
'India to equal world per capita steel consumption in 10 years'
A sustained government spending on infrastructure like roads, railways, power and housing will propel India into the league of top global steel consuming nations in the next 10 years, a top official of domestic steel giant SAIL has said.
Jun 19, 2016, 10:55 AM IST
Tata Steel shares down 4% as co starts sale of UK biz
Shares of Tata Steel fell by almost 4 percent, a day after the company kickstarted the sale of its cash-guzzling UK arm with divestment of Long Products Europe business to investment firm Greybull Capital for a nominal amount of 1 pound.
Apr 12, 2016, 12:35 PM IST
Tata''s UK steel exit raises expectations of European mergers
Tata Steel`s plan to sell its British steelmaking business has raised expectations of a long-awaited consolidation in the European steel sector, which is suffering from years of unaddressed overcapacity.
Mar 31, 2016, 09:28 AM IST
Govt mulls steps to help steel, aluminium sectors
Government is considering "proactive steps" to improve the health of steel and aluminium sectors which are reeling under the impact of decline in global prices, Finance Minister Arun Jaitley said Monday.
Nov 23, 2015, 18:57 PM IST
NMDC slashes iron ore prices by up to 20%
Coming under pressure from the domestic steel sector, NMDC Saturday slashed iron ore price by up to 20 percent for the remaining days of the current month.
Apr 18, 2015, 14:51 PM IST
Steel sector stares at tough times in 2015, but hope afloat
With an above-global average output growth, India has retained its position as the world's fourth-largest steel producer this year but faces tough times ahead in 2015 amid growing imports and other concerns.
Dec 24, 2014, 12:44 PM IST
Tata Steel's recent plans credit positive: Moody's
Tata Steel's decision to sell its long product business in the UK and its bank debt refinance plan will be credit positive and alleviate funding pressure, Moody's Investors Service said on Monday.
Oct 20, 2014, 13:33 PM IST
Steel sector needs Rs 12L cr investment by 2030: Ministry
Investments of around Rs 12 lakh core would be required in steel sector by 2030 to treble the country's installed capacity to 300 million tonnes per annum (mtpa), Prime Minister Narendra Modi was informed Friday.
Jun 27, 2014, 19:53 PM IST
Panel meet on coal supply to end-use plants next week
An inter-ministerial panel to look into the issues pertaining to coal supply to end-use plants in the steel and cement sectors will now meet on June 11.
Jun 06, 2014, 18:01 PM IST
