India' crude steel output hits record 100 mn tonnes in 2017

New Delhi: India's crude steel output hits an all-time high as it rises nearly 6 per cent year-on-year to 101.28 million tonnes (MT) in 2017.

2018 expected to be better for steel industry: Tata Steel

Jamshedpur: Steel industry in India will see better growth in 2018 on the back of stability in the global market and temporary measures taken by the Government of India for the sec...

Moody's upbeat on steel sector,says Tata Steel to benefit most

Mumbai: Robust domestic demand and measures undertaken by the government will assist the growth of the domestic steel industry and earning of major players will increase significan...

SAIL and ArcelorMittal to sign pact for auto-grade steel plant

Hyderabad: The Steel Authority of India Limited (SAIL) is planning to sign a Memorandum of Understanding (MoU) with ArcelorMittal to set up a steel plant with annual capacity of 1....

Coastal transportation to propel growth, create jobs: Gadkari

New Delhi: A consignment of 230,000 tonnes of steel cargo was flagged off from the Visakhapatnam port, which has led to the beginning of a new era of coastal transportation and is ...

SAIL set to leverage domestic growth potential, banks on new product mix

New Delhi: Addressing the 45th Annual General Meeting (AGM) of Steel Authority of India Ltd (SAIL), Mr PK Singh, Chairman, SAIL, shared that the company has undertaken intensive R&...

July core sector growth bounces back

New Delhi: India's eight core sectors output grew 2.4 per cent in July 2017 as against 0.8 per cent in June 2017. The growth was led by steel and natural gas sectors which grew...

Govt spending to drive steel demand

Mumbai: Steel demand is set to rise in the coming months owing to increased public sector spending by the Government of India.