Sat, Jan 20, 2024
Tata Steel announced shutting down Port Talbot's blast furnaces for a green steel transition, impacting 2,800 jobs. The phased closure begins mid-2024, with £130 million allocated for affected employees. The stock rose despite potential job losses.
More >
Fri, Dec 22, 2023
Strong domestic demand, supported by government spending on infrastructure, building and construction segments, is expected to keep India's steel imports elevated around the 6 million tonne (MT) mark this financial year even as the global steel industry battles a slowdown, according to rating agency Crisil.
Tue, Aug 29, 2023
Big news for TataSteel! Economic package for UK plant may be announced soon, British PM will meet with #RishiSunak in September, See full details in this video
Tue, Dec 13, 2022
On Friday, the government announced selection of 67 entries with an investment potential of Rs 42,500 crore under the scheme. The proposed investments are expected to generate 70,000 job opportunities and add 26 million tonnes of speciality steel capacity in the country.
Mon, Aug 01, 2022
The FRP used in the seats will have higher corrosion resistance and lower maintenance cost. Moreover, it will be conforming to the European standard of fire-retardant property, and will offer improved safety and comfort to passengers.
Wed, Apr 13, 2022
Domestic stainless steel demand is expected to reach 20 million tonne (MT) by fiscal year 2047, according to a report.
Wed, Nov 06, 2019
Speaking on the occasion, Pradhan said “Under the leadership of PM Narendra Modi, India is on a steady path to become a 5 trillion dollar economy with emphasis on both the ease of doing business as well as on ease of living.”
Sun, Jan 21, 2018
Coal-based steel, power and aluminium plants have been complaining against railways for raw material supply-related issues due to unavailability of adequate rakes.
Fri, Nov 24, 2017
Thyssenkrupp is in the middle of a major shift under Chief Executive Heinrich Hiesinger towards technology and away from the more volatile steel industry, its traditional mainstay.
Thu, May 04, 2017
"The steel industry is poised to grow from the current level of 60 kg per capita to 160 kg per capita consumption by 2030-31, as envisaged by the National Steel Policy 2017 cleared by the Cabinet last evening," Tata Steel managing director TV Narendran said in a statement.
Sun, Nov 20, 2016
AMSA was set to make a huge loss for the six months ending December.
Tue, Sep 13, 2016
China's steel industry, in particular, has perked up in recent months as capacity cuts and production curbs have boosted prices and profits.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.