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Steel consumption inches up by 0.7% in Q1

Last Updated: Sunday, July 13, 2014, 12:22

The country had consumed 18.69 MT steel in the April-June quarter of last fiscal, showed data compiled by Joint Plant Committee.

India's steel capacity from eastern region set to rise

Last Updated: Sunday, June 29, 2014, 13:41

The Steel Ministry estimates that 16 new plants are set to come up in mineral-rich eastern states.

Steel sector needs Rs 12L cr investment by 2030: Ministry

Last Updated: Friday, June 27, 2014, 19:53

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.

DoD meets SteelMin, merchant bankers on SAIL disinvestment

Last Updated: Monday, June 23, 2014, 18:55

Kick starting the process of 5 percent stake sale in SAIL, the Disinvestment Department Monday held meeting with merchant bankers and steel ministry officials to move ahead with it.

ICVL team in Mozambique to tap coal assets for acquisition

Last Updated: Monday, June 23, 2014, 18:16

ICVL had earlier evinced interest to acquire Riversdale Mining's coal mines in Mozambique owned by Rio Tinto.

Need big steel projects in eastern India: Steel Ministry

Last Updated: Monday, June 16, 2014, 15:20

At present, the country's crude capacity for steel production is 96 MT per annum.

Steel consumption grows by 0.5% in April-May

Last Updated: Friday, June 06, 2014, 14:26

Exports were up by 21.2 percent during April-May this year to 0.982 MT.

Narendra Singh Tomar to review status of steel projects

Last Updated: Thursday, May 29, 2014, 22:56

Narendra Singh Tomar, who took charge of Steel Ministry today, said he will review progress of steel projects and will fix accountability on the officials, who are found to be responsible for delays.

Steel should be kept out of FTA: Steel Ministry

Last Updated: Sunday, May 25, 2014, 11:39

Under FTA, duties on most of the products traded between the countries are either eliminated or reduced sharply to zero duty regime in phases.

Rowghat project cost should include security expenses: SAIL

Last Updated: Tuesday, April 22, 2014, 19:29

The phase-I of the project comprising of 95 km stretch is under construction at present.

Global steel demand may grow at 3.3% this year

Last Updated: Sunday, April 20, 2014, 16:35

Global steel demand is likely to grow at a faster pace of 3.3 per cent this year, driven by rising demand for the commodity from India, Brazil, Russia, West Asia and North Africa, according to a report.

Centre to consider Tata Steel's request for green nod in May

Last Updated: Thursday, April 10, 2014, 19:51

The Centre will consider next month Tata Steel's request seeking environment clearance to its coal mine expansion project in Jharkhand.