steel-companies - Latest News on steel-companies | Read Breaking News on Zee News

Steel consumption grows by 3.3% in FY'13

Last Updated: Tuesday, April 09, 2013, 16:12

Steel consumption in the country grew by just 3.3 percent to 73.3 million tonnes in 2012-13 on subdued demand due to slackening economy and high interest rates.

'Share of PSUs in steel output shrinking'

Last Updated: Sunday, April 07, 2013, 15:59

Public sector share has declined from 32 percent in 2007-08 to 21 percent in April-December 2012, according to the Steel Ministry data.

Domestic steel producers outlook stable: India Ratings

Last Updated: Wednesday, January 09, 2013, 16:21

India Ratings on Wednesday said the credit profiles of steel producers reviewed by it are expected to remain stable in 2013 as they will be driven by continued but slow growth in domestic demand.

Tata Steel expects revival of demands in Europe

Last Updated: Sunday, January 06, 2013, 18:50

Tata Steel, which has incurred huge losses in the recent quarters largely due to weak demand, expects all its units, including the European one, to register growth in fiscal 2013-14 that begins April 1.

Steel cos look to govt infra push, rate cut for demand revival

Last Updated: Tuesday, December 25, 2012, 10:54

The domestic steel industry, now reeling under a severe sluggish demand, is betting big on the government's infrastructure push and the expected easing of monetary policy by RBI as it goes past 2012, considered by manufacturers as "pretty tough".

Steel firms hike prices by up to Rs 1,500/tonne

Last Updated: Tuesday, December 04, 2012, 18:19

At least a couple of steel makers have raised the price of flat products by up to Rs 1,500/tonne since December 1 to align the domestic price with landed import costs, now hovering between Rs 35,000-36,000 a tonne.