Sun, Nov 26, 2023
India's crude steel production is expected to be at 210 MT by 2030, 45 per cent higher than production levels of 2023. Many countries, including China, will show a fall in steel production as compared to their current production levels, the report said.
Tue, Oct 31, 2023
The greenfield facility is proposed to be established to manufacture multiple ranges of products, the company added.
Tue, Oct 03, 2023
The growth was driven by steady demand for structural steel tubes and pipes in both domestic and international markets, JTL Industries said in a BSE filing.
Mon, Jan 01, 2018
The data said the eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).
Fri, Oct 20, 2017
The works council of Tata Steel Netherlands said on Friday it opposed preliminary plans by Tata Steel and Thyssenkrupp to combine their European steelmaking operations into a joint venture (JV) and would fight to block it if necessary.
Thu, Aug 31, 2017
The IIP output of the eight core industries grew by 2.4% in July led by steel which posted the maxium growth of 9.2% during the month.
Wed, Jul 26, 2017
The world`s largest steelmaker, ArcelorMittal , said on Tuesday that its internal investigation had found allegations of illicit dumping of acid waste from a French plant were groundless.
Wed, Jun 14, 2017
The committee narrowed the list to 12 by focusing on accounts owing more than 50 billion rupees ($777.2 million), where 60 percent or more of the loan had been already classified as non-performing by banks as of March 31, 2016.
Tue, Jun 13, 2017
Sectors like steel, textile, power, telecom and infrastructure accounts for most of banks stressed assets. About 60% of banking systems stress belongs to these sector.
Fri, Jun 09, 2017
India said the United States had failed to meet an April, 2016 deadline to comply with a WTO ruling that faulted it for imposing countervailing duties on steel products from India.
Thu, Jun 01, 2017
Due to their low in ability of refinancing credit, sectors like telecom, steel and infrastructure will remain under-pressure even in FY18. Rupee appreciation will be another factor that will haunt steel and infrastructure sector.
Tue, May 16, 2017
Anti Dumping Duty to be imposed on steel import. Watch the full segment for more details.
Sun, May 14, 2017
The outlook for steel sector is likely to remain negative in next fiscal due to continued operational and financial challenges and lower demand from the realty sector, says a report.
Wed, May 10, 2017
The term of four directors -- Mittal, Lewis Kaden, Bruno Lafont and Michel Wurth -- was due to expire this year.
Tue, May 02, 2017
Bimlendra Jha, CEO of Tata Steel UK said, “As a responsible owner, Tata Steel in the last couple of years has undertaken a transformation plan at Specialty Steels, including investing in a state-of-the-art vacuum induction melting furnance, to ensure business can have a sustainable future.”
Mon, May 01, 2017
The eight core industries comprise nearly 38% of the weight of items included in the IIP.
Fri, Mar 31, 2017
Ministry of Commerce & Industry in a statement on Friday said that India's Index of Eight Core Industries stood at 180.1 in February 2017 rising by 1% as against the same month of last year. The index grew 4.4% between April 2016 to February 2017, data show.
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.
Mon, Mar 06, 2017
Tata Steel on Monday said that it continues to be in talks with Thyssenkrupp.
Sat, Feb 18, 2017
"We have great success in developing brands and distribution network in B2C markets in India. Bangladesh and Myanmar are the two B2C markets which have similar profile as India. We are seeing opportunities there to build the brand and distribution network," said company`s MD (India and South East Asia) T.V. Narendran.
Sat, Feb 11, 2017
Tata and Thyssenkrupp shares have firmed on hopes a merger would trigger European steel capacity cuts. Tata Steel UK, Britain`s top steelmaker, is seeking regulatory approval to spin off its 15 billion pound scheme into a standalone entity because Thyssenkrupp will not take on its pension liabilities in a tie-up.
Thu, Feb 09, 2017
India Ratings and Research has projected that post-demonetisation the credit profile of large corporates with revenue of over Rs 250 crore is likely to be neutral with no significant changes in their ratings.
Sat, Feb 04, 2017
According to a BBC report, Tata Steel does not intend to build the houses themselves but are considering selling off the land. It is expected the land's value would be worth more with approval for outline planning.
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