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Steel Production News
Tata Steel's April-June quarter output at 2.94 MT
Sun, Jul 02, 2017
Production of crude steel at Tata Steel's Jamshedpur and Kalinganagar plants rose by over 16 per cent to 2.94 million tonnes (MT) in the first quarter of the current fiscal.
Cabinet approves National Steel Policy 2017; aspires to achieve 300MT capacity by 2030
Wed, May 03, 2017
It seeks to enhance domestic steel consumption and ensure high quality steel production and create a technologically advanced and globally competitive steel industry.
Steel exports surge 150% in Feb, overtake imports
Sat, Mar 11, 2017
Imports of total finished steel in the first 11 months of the current fiscal declined by 38.5% to 6.591 mt over same period of last year.
India's steel production in January grew 12%, beats China
Wed, Feb 22, 2017
WSA concluded, "The crude steel capacity utilisation ratio of the 67 countries in January 2017 was 68.5%. This is 3.4 percentage points higher than in January 2016. Compared to December 2016, it is 0.9 percentage point higher."
Tata Steel's leverage is likely to remain high in coming quarters: Moody's
Thu, Feb 09, 2017
Moody's has projected Tata Steel's leverage to remain high in the coming quarters of 2017.
India ranks third in global steel production in 2016; World steel output grows 0.8%
Wed, Jan 25, 2017
Global steel production grew 0.8%, at 1.62 billion tonne, in 2016, World Steel Association said. India's share increased from 5.5% in 2015 to 5.9% in 2016.
JSW Steel third quarter steel production grows 43%
Mon, Jan 09, 2017
JSW Steel on Monday said that the company produced 43% more steel in the third quarter ended December 31, 2016 as against the same period of last year.
Steel imports decline by 39% during April-November: Steel Ministry
Tue, Dec 06, 2016
The data mentioned that the export of total finished steel during this period was up 53.3% to 4.23 mt vis-a-vis last year.
Output index of eight core industries rose by 6.6% in October
Wed, Nov 30, 2016
The eight core industries comprise nearly 38% of the weight of items included in the index of industrial production (IIP).
JSW Steel's shares drop as company reports 'best ever' production
Fri, Sep 09, 2016
JSW Steel, on Friday, said that it produced 1.35 million tonne steel in the month of August 2016, its highest ever in any given month. The company said that crude steel production for the given month jumped 27% from 1.06 million tonne in the same month of last year.
India's core sector output grows 5.2% in June
Mon, Aug 01, 2016
The Indian infrastructure sector output in eight "core" industries (ECI) grew by 5.2 % in June compared with the same month last year and 2.8 % growth in May 2016, on the back of overall increase in production except in hydrocarbons, official data showed on Thursday.
Steel producers to urge China to cut output
Tue, Apr 19, 2016
Angry steel manufacturers in Europe have urged the EU to mirror the United States in punishing China with fresh tariffs, but the Brussels based bloc has so far proved reluctant to challenge Beijing more directly on the issue.