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Steel Ministry facilitating SPVs with mineral-rich states

"The Ministry of Steel is facilitating setting up of SPVs in mineral-rich states of Odisha, Chhattisgarh, Jharkhand and Karnataka,"

Urbanising India best bet for Chinese steel

Urban dwellers will double to more than 800 million by 2050, a scale of mass urbanisation only seen before in China.

Global steel output to scale 2,000-mt by 2030, led by India

The government has set a target of trebling the steel output to 300 mt by 2025, and also eyes the No 2 slot by 2020.

India overtakes US as 3rd biggest steel producer

India has overtaken the US to become the third-largest steel producer in the world with a production of 14.56 million tonnes (MT) in first two months of the year.

India accounted for 5% of global steel production in May

India produced just a little over seven million tonnes (MT) of steel, accounting for five percent of the global output of 141 MT in May, World Steel Association (WSA) has said.

India produces 7.25 MT steel in March: WSA

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).

India May steel output growth rate slips below global average

Bucking the trend, India's steel production growth rate in May at just 1.5 percent slipped below the global average of 2.6 percent.

India outpaces major steel producers with 5.8% growth in FY'13

India, the world's fourth largest steel maker, logged 5.86 percent growth in production in 2012-13 - the highest among major global producers, World Steel Association has said.

Tata Steel, SAIL better positions in world steel rankings

Tata Steel and SAIL have bettered their rankings in list of top 25 global producers of the metal in 2012 to stand at 11th and 24th positions, respectively, according to data prepared by World Steel Association (WSA).

Steel demand to grow 5.9% in 2013: Report

Steel demand in the country will grow by 5.9 percent to 75.8 million tonnes in 2013 as monetary easing is expected to support investment, a report by World Steel Association has said.

India's steel production grows at fastest pace

India had produced 70.115 million tonne (MT) steel till November 2012, clocking 4.2 percent growth over the first 11 months of the last year, according to the World Steel Association (WSA) data.

India's April steel production up 3.5%, higher than world average

India's steel production in April grew around three-fold compared to world's average growth of 1.2 percent at 6 million tonne.