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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.

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

Last Updated: Wednesday, July 09, 2014, 14:00

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.

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.

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.

SAIL registers 11% growth in May sales

Last Updated: Monday, June 02, 2014, 18:12

The steel giant had registered sales at 0.96 MT in the same month last year.

India's April steel production growth outpaces world average

Last Updated: Thursday, May 22, 2014, 15:45

India produced 7.015 million tonne steel in April, compared to 6.659 MT in the same month last year.

Zimbabwe to resume steel production

Last Updated: Friday, May 09, 2014, 22:08

Zimbabwe will resume steel production within two years, implementing a long delayed joint venture with India`s Essar Africa Holdings Limited, a cabinet minister said today.

Steel consumption up 3.4% to 5.8 mn tonnes in April

Last Updated: Tuesday, May 06, 2014, 13:05

Production of crude steel grew by 2.7 percent to 6.8 million tonnes during the month.

India produces 7.25 MT steel in March: WSA

Last Updated: Wednesday, April 23, 2014, 15:03

India, the world's fourth largest steel maker, produced 7.25 million tonnes (MT) or just over five percent of the total global output in March, according to World Steel Association (WSA).

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.

Tata Steel FY'14 crude steel production up 12.55% at 9.15 MT

Last Updated: Friday, April 04, 2014, 21:42

Tata Steel on Friday reported 12.55 percent growth in crude steel production at 9.15 million tonnes per annum (MTPA) in 2013-14 from Indian operations.