ArcelorMittal lowers 2014 outlook on lower iron ore price
Steel titan ArcelorMittal said it has reduced its outlook for 2014 because of a lower-than- expected iron ore price, even as it reported a return to profit in the second quarter of this year.
Aug 02, 2014, 01:58 AM ISTEconomic Survey 2013-14: Steel output grew by 7.9% in past 5 yrs on rise in consumption
Driven by a seven percent rise in consumption and high utilisation ratio, steel production in India grew at a compound annual growth rate of 7.9 percent in the past five years, the Economic Survey said.
Jul 09, 2014, 14:00 PM ISTUS says Indian steel threaded rod being dumped, subsidised
The US Department of Commerce on Monday said that imports of steel threaded rod from India have been dumped and subsidised.
Jul 08, 2014, 11:48 AM ISTSteel 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 ISTGovt for single-window system to boost coal, steel, power output
Government is working on creating a single-window mechanism for granting faster regulatory clearances to boost coal, steel and power production.
Jun 24, 2014, 20:00 PM ISTIndia accounted for 5% of global steel production in May
India produced just a little over seven million tonnes (MT) of steel, accounting for five percent of the global output of 141 MT in May, World Steel Association (WSA) has said.
Jun 23, 2014, 15:56 PM ISTNeed big steel projects in eastern India: Steel Ministry
At present, the country's crude capacity for steel production is 96 MT per annum.
Jun 16, 2014, 15:20 PM IST