India's crude steel output up 6% at 26 MT

New Delhi: India's crude steel output grew 6 per cent year-on-year (provisional) to 26 million tonne (MT) during the quarter ending June 2018, according to a report by Joint Pl...

Govt may set up two steel units to handle scrap

New Delhi: Government of India is planning to set up two new integrated plants to process the scrap steel in the country in partnership with the private sector.

Cabinet nod to set up pvt industrial park as DTA

Bhubaneswar: A private industrial park by Tata Group in Ganjam District, Odisha has been approved by the state government.

Odisha can produce 100 million tonnes of steel: Steel Minister

Kalinganagar: Odisha has the potential to contribute 100 million tonnes of steel production by 2030-31 out of the total 300 million tonnes envisaged in National Steel Policy, 2017,...

Steel demand off to a strong start in 2018

New Delhi: India's steel demand increased 8.5 per cent between Apr-May 2018, on the back of strong growth in automobile sales.

India saved Rs-5,000 cr forex post new steel policy: Secy

New Delhi: Ms Aruna Sharma, Secretary, Ministry of Steel informed that the National Steel Policy (NSP) has saved Rs 5,000 crore (US$ 740.49 million) forex with addition of 24 milli...

Vedanta enters steel with acquisition of Electrosteel Steels, to hold 90%

New Delhi: Vedanta Ltd has acquired the control of Electrosteel Steels Ltd (ESL) through a resolution plan approved by the National Company Law Appellate Tribunal.

India's crude steel output up 6% at 8.7 MT in April

New Delhi: India's crude steel output recorded a year-on-year growth at the rate of 5.6 per cent to reach 8.7 million tonnes in April 2018.