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Steel

Fiscal Year:

Indian steel consumption likely to grow 7% on higher economic activity: E&Y report

Kolkata: India's steel consumption for FY 2015-16 is estimated to increase by 7 per cent, higher than 2 per cent growth last year, due to improving economic activity, as per E&...

July 29, 2015

Tata Steel to start commercial production at new Kalinganagar plant in H2FY15

Kolkata: Tata Steel expects to start commercial production at its greenfield steel unit at Kalinganagar, Odisha in the second half of the current year. The new unit is a three mi...

May 21, 2015

PM Modi inaugurates India's largest blast furnace plant in Burnpur

Burnpur: Mr Narendra Modi, Prime Minister of India, dedicated the modernised and expanded IISCo Steel Plant of Steel Authority of India (SAIL) in Burnpur to the nation. It is Ind...

May 11, 2015

Hindustan Zinc, Cairn sign Rs 20,500-cr MoU with Rajasthan

Mumbai: Hindustan Zinc and Cairn India has signed a pact with the Government of Rajasthan to invest Rs 20,500 crore (US$ 3.22 billion) in the state over the next three years.

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May 06, 2015

Domestic steel use estimated to grow to 80 million tonne in 2015

Kolkata: The use of steel in India is estimated to grow by 6.2 per cent to 80 million tonnes (MT) in 2015, up from 75.3 MT in 2014.

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April 21, 2015

Mesco Steel, Posco in pact to set up finex furnace in Odisha

Bhubaneswar: Mesco Steel has signed an initial agreement with Posco to set up a plant that would use the South Korean steelmaker's finex technology to make steel. The plant w...

March 25, 2015

Steel production in India hits 7.07 million tonne in January 2015

Kolkata: India has produced 7.07 million tonnes (MT) of steel in January 2015 reporting the fourth highest production level globally.

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February 23, 2015

SAIL plans to invest Rs 1.5 lakh crore to ramp up capacity

Kolkata: The Steel Authority of India (SAIL) plans to spend Rs 1.5 trillion (US$ 24.05 billion) till 2030-31 to increase its capacity to 50 million tonnes (MT) from 23 MT. Th...

January 09, 2015
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