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India's steel demand indicators giving mixed signals: Analysts

India's steel demand indicators giving mixed signals: Analysts

Even as analysts are upbeat over the expected above normal monsoon and higher GDP growth, they have raised concerns over the slow pace of public and private sector projects and funding constraints, which they feel can have an adverse impact on the steel demand in India.

Make in India programme to boost stainless steel demand

Government's Make in India programme will help in increasing stainless steel demand in the country, experts said.

Steel demand in India to grow in single digit: Moody's

Steel demand in India will grow in single digit in 2015 buoyed by government's infrastructure spending, rating agency Moody's Investor Services said Wednesday.

SAIL commissions two major facilities in Bhilai plant

State-run steel maker SAIL on Saturday commissioned two facilities in its Bhilai plant as part of ongoing expansion and modernisation programme.

Steel demand expected to grow 3.4% this year: WSA

In its April outlook, WSA had projected 3.3 percent growth in steel demand for India in 2014.

Steel demand expected to grow 3.4% this year: WSA

In its April outlook, WSA had projected 3.3 percent growth in steel demand for India in 2014.

Stagnant steel demand scenario coming to an end: SAIL Chairman

India's steel consumption grew by just 0.6 per cent last fiscal, its lowest in four years, to 73.93 MT, mainly impacted by a slower expansion of domestic economy.

Economic Survey 2013-14: Steel output grew by 7.9% in past 5 yrs on rise in consumption

Driven by a seven percent rise in consumption and high utilisation ratio, steel production in India grew at a compound annual growth rate of 7.9 percent in the past five years, the Economic Survey said.

ArcelorMittal mulls bid for Italian steelmaker Lucchini

According to Venturi, ArcelorMittal is carrying out due diligence on Lucchini in parallel with its assessment of Ilva.

Steel demand in India to remain high: Tata Steel

Steel demand in India is expected to remain high, derived by strong fundamentals and the sector is expected to see an investment to the tune of about Rs two lakh crore in coming years, domestic giant Tata Steel has said.

India's steel demand to grow by 6.7% till FY17: CARE Research

Domestic steel demand is likely to grow by 6.7 percent annually till 2016-17, faster than the expected growth in Chinese demand during the same period, according to a report on steel industry by CARE Research.

Steel demand likely to be 75 MT in FY'13: Tata Steel

Tata Steel Thursday said the total demand for steel in the current fiscal is likely to grow by 5.5 percent to around 75 million tonnes.

Govt considering SAIL-led consotium's demand for state funding

Government is considering the demand of SAIL-led consortium for state funding of their USD 10.8 billion investment plan in Afghanistan for setting up of steel and power plants, mining of iron ore and development of associated infrastructure.

India's steel output grew 5.3% during Jan-Sept

The country produced only 53.9 million tonne steel in the January-September period, as against 51.1 million tonne in the same period last year.

Steel demand to grow by 70% to 113 MT by 2016-17

India's steel demand is likely to jump by over 70 per cent to 113 million tonnes (MT) by the end of the next Five-Year Plan, with the infrastructure sector projected to witness investments worth USD 1 trillion.