Latest headlines from leading Indian newspapers covering energy, environment, economy, and policy aspects.
To sustain post-Covid recovery, steel import tariffs must be cut to zero and iron ore export curbed, The Competition Commission has opened a suo motu probe into cartelisation by steel companies to set prices, which have been on the rise for some time now.
Category : Iron and Steel
read moreTata Steel, for first time in India, has collaborated with CII Green Business Centre and relevant stakeholders in the sector to develop GreenPro framework for steel rebars. GreenPro Ecolabel enables the end-users to make an informed choice on buying steel with having the lowest environment impact. The products with GreenPro label are guaranteed to be made of the highest quality standards and are sustainable.
Category : Iron and Steel
read moreUser industries raise serious concern as their cost calculations go haywire..Steel prices are set to go up further, despite the deep concern raised by the user industry and Nitin Gadkari, Minister for micro, small and medium enterprises and highways
Category : Iron and Steel
read moreWith as many as five deals expected to happen in the next two quarters, the steel sector is hotting up, leading to a faster revival of construction and automobile segments, and the economy, in general. The biggest among the deals would be that of JSW Steel’s plans to take over Bhushan Power and Steel for nearly Rs. 20,000 crore.
Category : Iron and Steel
read moreTata Steel has moved the Supreme Court against the Covid pandemic cess levied by the Jharkhand government on the mineral bearing land.
Category : Iron and Steel
read moreSteel sector’s revival will boost construction and automobile segments
Category : Iron and Steel
read morePaper mills have blamed rising waste paper cost for recent increase in prices of kraft paper supplied to corrugated box makers
Category : Pulp and Paper
read moreIndian-origin metals tycoon Sanjeev Gupta-owned Liberty Steel Group on Friday said it will soon begin a detailed due diligence of the steel assets of Thyssenkrupp in Europe. In October, the UK-based Liberty Steel had made a non-binding indicative offer to Thyssenkrupp to acquire the German steel major's assets in Europe.
Category : Iron and Steel
read moreSteel prices are still at a 5% discount to the landed cost of imports
Category : Iron and Steel
read moreIn a new initiative rolled out by JSW Steel, the steel maker said it will work closely with micro, small and medium enterprises (MSMEs) and develop new products for this sector after understanding their needs.The company has launched a new website JSW Steel for MSMEs where small companies can register their requirements and JSW Steel will fulfil it on priority basis through its network across the country. Currently, MSMEs account for 25 per cent of JSW Steel’s sales.
Category : Iron and Steel
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