India aims for double-digit steel exports in 2-3 years: Minister

New Delhi: India's steel exports doubled in a year to 8.2 million tonnes (MT) in 2016-17 and is further expected to be near 10 MT by 2019-20.

Cabinet approves National Steel Policy 2017

New Delhi: The Union Cabinet, Government of India has approved the National Steel Policy (NSP) 2017, as it seeks to create a globally competitive steel industry in India. NSP 2017 ...

JSW Steel aims to double capacity amid India’s booming steel show

Mumbai: JSW Steel Ltd plans to set up two plants of 10 million metric tonnes each in Odisha and Jharkhand, which would require an estimated investment of Rs 40,000 crore (US$ 6.2 b...

India nears second spot as world steel producer on record output

Mumbai: India is expected to surpass Japan to become the second largest producer of steel in the world by the year 2019, supported by rising local demand and the heavy growth in st...

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.