India mulls safeguard duty on steel imports
The government is likely to soon impose safeguard duty on imports of certain types of steel as it has found prima-facie evidence that surge in imports is hurting domestic producers.
Sep 08, 2015, 22:49 PM IST
Govt should sort out internal challenges: Tata Steel
The government should sort out internal challenges at a time when the domestic steel industry is facing challenges from China, Tata Steel Managing Director (India and South East Asia) T V Narendran said Saturday.
Aug 15, 2015, 17:13 PM IST
SAIL's expansion prog planning, execution not efficient: CAG
The modernisation and expansion programme of state-owned steel major SAIL has been marred by project delays and its implementation has been inefficient at all stages, including tendering and cost overruns, government auditor CAG said Wednesday.
Aug 12, 2015, 18:11 PM IST
China, Korea, Japan ship 75% of India's steel Q1 imports
Indonesia with 83,300 tonne, Russia (56,720 tonne) and Taiwan (44,840 tonne) were the other major exporters of finished steel to India.
Aug 03, 2015, 15:51 PM IST
Infra sector growth slows down to 3% in June
The sharp decline in the pace of growth during June follows a six-month high rate of 4.4 percent in May this year.
Jul 31, 2015, 18:30 PM IST
Growth in eight core infra industries rises by 3% in June
The eight sectors contribute 38 percent to the overall industrial production, a parameter that the RBI takes into account while framing its monetary policy.
Jul 31, 2015, 17:35 PM IST
Steel Ministry approves 83 R&D projects worth over Rs 696 cr
Besides, thrust is also being given to develop more value added products for which the country is mostly dependent on imports, the official added.
Jul 26, 2015, 12:16 PM IST
Make in India programme to boost stainless steel demand
Government's Make in India programme will help in increasing stainless steel demand in the country, experts said.
Jul 23, 2015, 18:44 PM IST
SAIL's Rs 70K-cr modernisation programme complete: Tomar
SAIL's Rs 70,000 crore modernisation programme has been completed and it will increase the capacity of the domestic steel giant to 23 million tonnes per annum (MTPA) by March next year, Steel Minister Narendra Singh Tomar said today.
Jul 22, 2015, 23:27 PM IST
Tata Steel to raise up to Rs 10,000 cr; may 'right-size' assets
Tata Steel will seek shareholders nod to raise as much as Rs 10,000 crore through securities to meet capital requirements.
Jul 20, 2015, 21:36 PM IST
Posco shifts focus from Odisha project citing 'no progress'
Steel giant Posco has shifted its focus from the USD 12-billion proposed steel plant in Odisha citing "no progress" in the project.
Jul 17, 2015, 21:15 PM IST
Strong economic growth in India to revive steel demand: Moody's
Rating agency Moody's Monday projected an increase in demand for steel in India on the back of strong economic growth and revival of infrastructure spending.
Jul 13, 2015, 18:57 PM IST
RINL eyes capacity expansion of 16 million tonnes by 2025
Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Vizag Steel, is chalking out plans to expand capacity to 16 million tonnes per annum (mtpa) by 2025 with an investment of Rs 35,000 crore, a a top official said.
Jul 01, 2015, 10:57 AM IST
Steel Minister asks SAIL to check falling market share
Steel Minister Narendra Singh Tomar Monday directed SAIL to increase its competitive spirit amidst the steel major's market share dipping to 14 per cent in the last fiscal from 18.8 per cent in 2009-10.
Jun 15, 2015, 22:54 PM IST
Steel prices may stay under pressure in FY16: Moody's
Subdued domestic demand and rise in imports from China, Russia and Korea had exerted pressure on steel realisations in the last fiscal, he added.
Jun 07, 2015, 13:23 PM IST
Tata Steel reclaims a piece of history
Domestic giant Tata Steel Monday reclaimed a piece of history as it acquired a desk weight which is a cut up from a section of the first steel rail track rolled at its Jamshedpur facility in 1912.
Jun 01, 2015, 22:20 PM IST
Bhushan Steel's Q4 net loss widens to Rs 360.77 cr
Bhushan Steel Wednesday posted a standalone net loss of Rs 360.77 crore for the fourth quarter ended March 31, 2015.
May 27, 2015, 22:38 PM IST
Essar Steel back in black; posts profit of Rs 684 cr in FY15
Ruias-promoted Essar Steel Wednesday posted a net profit of Rs 684 crore for the full fiscal ended March 31, helped by better operating margins, consolidation and higher demand for its value added steel products.
May 27, 2015, 19:35 PM IST
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.
May 20, 2015, 18:44 PM IST
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.
May 13, 2015, 15:49 PM IST
