Steel mills in India reversing import woes with export push

Mumbai: India’s steel exports rose 78 per cent to 6.6 million tonnes, while imports fell by 39 per cent during April 2016 and February 2017, making India a net exporter of st...

India to become 2nd largest steel maker in 12-18 mths: S&P

Mumbai: India is expected to become the second largest steel producer in the world by 2018, based on increased capacity addition in anticipation of upcoming demand, and the new ste...

Make in India: Jindal Stainless (Hisar) forays into defence

New Delhi: Jindal Stainless (Hisar) Limited, India’s largest stainless steel producer, has entered into the defence sector by signing an agreement with Defence Research &...

SAIL achieves record export monthly volume of steel in a decade

Kolkata: Steel Authority of India (SAIL) exported a total of 1.03 lakh tonnes of steel in February 2017, its best ever export monthly volume of steel in a decade.

SAIL achieves record export monthly volume of steel in a decade

Kolkata: Steel Authority of India (SAIL) exported a total of 1.03 lakh tonnes of steel in February 2017, its best ever export monthly volume of steel in a decade.

Tata Steel, Creative Port ink deal for stake in Odisha port

Bhubaneshwar: Tata Steel has signed an agreement to purchase 51 per cent stake in Creative Port Development (CPDPL), which has a concession agreement with the Odisha government to ...

Domestic steel production rises as sales pick up

New Delhi: Major steel producers in India like the Steel Authority of India (SAIL) and Essar Steel, recorded a year-on-year production growth of 15 per cent and 61 per cent, respec...

India the only bright spot in steel production: Moody's Investors Service

Kolkata: Moody’s Investors Service, in their report on Asia’s steel outlook for 2017, has highlighted that India appears to be the only area of strength in steel sector...