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Steel demand grows lowest in four years at 0.6% in FY'14

Last Updated: Tuesday, April 08, 2014, 16:25

"The low growth rate in domestic steel consumption indicated that base level demand conditions continued to be weak during 2013-14," it said.

Steel demand in India to remain high: Tata Steel

Last Updated: Sunday, March 09, 2014, 14:12

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 Ratings expects local steel demand to rise 3-5% in FY'15

Last Updated: Friday, January 17, 2014, 16:27

India's steel demand is expected to go up by 3-5 percent in the next financial year on higher economic growth although margin pressure would continue due to high production costs and limited scope to pass them on to customers.

'Steel demand in India may grow nearly 6% to 75.8 MT in 2013'

Last Updated: Thursday, April 11, 2013, 20:12

The demand for steel in India is expected to grow by 5.9 percent to 75.8 million tonnes in 2013, World Steel Economics Committee said Thursday.

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

Last Updated: Wednesday, January 16, 2013, 18:29

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 grow by 10% in FY'14: Uttam Galva

Last Updated: Sunday, December 30, 2012, 17:24

"We are expecting a 10 percent growth in the steel demand in the next financial year (FY'14)," company's Deputy Managing Director Ankit Miglani said.

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

Last Updated: Thursday, December 27, 2012, 19:36

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

Last Updated: Monday, April 16, 2012, 15:13

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.

Tata Steel raises prices by Rs 1,000/tonne for Feb

Last Updated: Friday, February 10, 2012, 17:54

Tata Steel has hiked prices of the metal alloy in the domestic market by Rs 1,000 per tone for February, a top company official said on Friday.

Tata Steel sees volatile demand recovery in Europe

Last Updated: Friday, February 10, 2012, 11:36

Tata Steel, the world's No. 7 steelmaker, expects demand recovery in its key European market to be volatile and is targeting production next year at similar levels to the current fiscal year, a top official said.

Not counting on India biz plans for next few years: LN Mittal

Last Updated: Tuesday, February 07, 2012, 18:24

The ArcelorMittal chief also said that Indian steel demand has not been "very impressive" despite GDP growing at 6.5-7 percent rate.

SAIL sees demand growth halving to six percent this fiscal

Last Updated: Wednesday, November 23, 2011, 00:21

State-run SAIL sees the domestic demand growth for steel coming down to six percent from 10-12 percent this fiscal due to difficult interest rate regime and slowdown in key sectors.