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.

Tata Steel looking at acquisitions, open to buying stressed assets

Mumbai: Tata Steel focuses on inorganic expansion to increase its capacity in India, including buying stressed steel assets, as per Mr N. Chandrasekaran, Chairman, Tata Sons.

Tata Steel bullish on domestic steel sector

Mumbai: Mr N Chandrasekaran, Chairman, Tata Steel, stated that FY 2017-18 is expected to be a better year for the Indian steel industry and accordingly the company is planning to i...

Shares of steel pipe makers outperform markets by over seven times

Mumbai: The share prices of steel pipe manufacturing companies in India have been increasing at a higher pace compared to the benchmark indices Sensex and Nifty, owing to increased...

"India to overtake Japan in steel production in 2 years"

Jamshedpur: India is expected to overtake Japan to become the world's second largest steel producer by 2019-20, as it aims to achieve 300 million tons of annual steel productio...

Steps on to achieve 300 MT steel output: Steel minister

New Delhi: The Government of India is taking further steps boost the country's domestic steel sector and raise its capacity to 300 million tonnes (MT) by 2030-31, said Mr Choud...

India 'bright spot' for global steel output growth: report

New Delhi: India occupies a bright spot in the global steel production growth, as its share of global steel production is expected to increase to 7.7 per cent in 2021 from 5.4 per ...