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Steel sector
Steel sector News
SAIL
23 Sep 2019
Steel sector not witnessing any major slowdown: SAIL chairman Anil Chaudhary
Commenting on ratings given by different global rating agencies, SAIL chief Anil Kumar Chaudhary remarked that these agencies keep on changing their outlook with the change in circumstances.
Thyssenkrupp
12 Feb 2018
Tata to invest in Port Talbot steel plant post-Thyssenkrupp merger: Sources
The global steel sector is emerging from a crisis in which global prices slid to 12-year lows in late 2015.
Union Budget 2018
30 Jan 2018
Union Budget 2018: Here's what the steel sector expects from the Modi govt
The Union Budget will be presented on February 1, 2018.
GST
18 Jul 2017
GST to be positive for auto, retail; negative for SMEs: Fitch
New indirect tax regime GST is likely to be beneficial for auto, cement and organised retail sectors, but will have a negative impact on oil and gas, and SME sectors, Fitch Ratings said on Tuesday.
Tata Steel
01 Jan 2017
Tata Steel hopes to get back normalcy soon
Private steel major Tata Steel on Sunday expressed confidence that the situation would be back to normal in the next quarter after the company's performance was impacted temporarily in November last owing to demonetisation.
India steel industry
19 Jun 2016
'India to equal world per capita steel consumption in 10 years'
A sustained government spending on infrastructure like roads, railways, power and housing will propel India into the league of top global steel consuming nations in the next 10 years, a top official of domestic steel giant SAIL has said.
Tata Steel
12 Apr 2016
Tata Steel shares down 4% as co starts sale of UK biz
Shares of Tata Steel fell by almost 4 percent, a day after the company kickstarted the sale of its cash-guzzling UK arm with divestment of Long Products Europe business to investment firm Greybull Capital for a nominal amount of 1 pound.
Tata Steel
31 Mar 2016
Tata''s UK steel exit raises expectations of European mergers
Tata Steel`s plan to sell its British steelmaking business has raised expectations of a long-awaited consolidation in the European steel sector, which is suffering from years of unaddressed overcapacity.
Arun Jaitley
23 Nov 2015
Govt mulls steps to help steel, aluminium sectors
Government is considering "proactive steps" to improve the health of steel and aluminium sectors which are reeling under the impact of decline in global prices, Finance Minister Arun Jaitley said Monday.
NMDC
18 Apr 2015
NMDC slashes iron ore prices by up to 20%
Coming under pressure from the domestic steel sector, NMDC Saturday slashed iron ore price by up to 20 percent for the remaining days of the current month.
Yearender 2014
24 Dec 2014
Steel sector stares at tough times in 2015, but hope afloat
With an above-global average output growth, India has retained its position as the world's fourth-largest steel producer this year but faces tough times ahead in 2015 amid growing imports and other concerns.
Tata Steel
20 Oct 2014
Tata Steel's recent plans credit positive: Moody's
Tata Steel's decision to sell its long product business in the UK and its bank debt refinance plan will be credit positive and alleviate funding pressure, Moody's Investors Service said on Monday.
steel
27 Jun 2014
Steel sector needs Rs 12L cr investment by 2030: Ministry
Investments of around Rs 12 lakh core would be required in steel sector by 2030 to treble the country's installed capacity to 300 million tonnes per annum (mtpa), Prime Minister Narendra Modi was informed Friday.
Inter-ministerial panel
06 Jun 2014
Panel meet on coal supply to end-use plants next week
An inter-ministerial panel to look into the issues pertaining to coal supply to end-use plants in the steel and cement sectors will now meet on June 11.
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