Latest headlines from leading Indian newspapers covering energy, environment, economy, and policy aspects.
Dilip Oommen, CEO, Arcelor Mittal Nippon Steel India (AM/NS India) has taken over as President of the Indian Steel Association (ISA). He was unanimously appointed to the position for the next two years. This was decided in an extra ordinary board meeting of ISA, held on Tuesday.
Category : Iron and Steel
read moreIndia may impose antidumping duty on imports of certain steel products from the EU, Japan, the US and Korea for five years to protect domestic players from cheap imports.
Category : Iron and Steel
read moreIndia has initiated discussions with the EU on its proposed adjustment of safeguard measures on steel imports which could affect Indian exporters.
Category : Iron and Steel
read moreThere must be a push on enhancing domestic steel usage in the country and reducing import dependence for meeting oil and gas sector’s steel requirements, according to Dharmendra Pradhan, Minister of Petroleum and Natural Gas, and Steel..
Category : Iron and Steel
read moreDomestic demand for steel and cement, two commodities that are key to undergirding physical infrastructure, is set to collapse in FY21 as India’s economy heads for its first full-year contraction in nearly five decades
Category : Iron and Steel
read moreAmaravati: After Swiss major IMR Metallurgical Resources-AG proposed to set up a10-million- tonne capacity steelplant inKadapadistrict of Andhra Pradesh, big firms like Hyundai Motors, Tata Steels and Essar Steels have come forward to partner with the state government for setting up another steel plant in the same district
Category : Iron and Steel
read moreTata SteelNSE 1.93 % has introduced two new brands of coated products, named GalvaRoS and Colornova, to address the unmet requirements of the emerging corporate accounts (ECAs). These products have been created to meet the evolving needs of the micro-segments, while strengthening the pillars of sustainability - economical sustainability & social sustainability, critical to growth and development, an official statement said.
Category : Iron and Steel
read moreThe extended lockdown to contain the Covid pandemic has dealt a severe blow on the steel industry. With construction and manufacturing activity coming to a standstill and return to normalcy a distant proposition, the industry’s prospects have dimmed in line with the economy at large.
Category : Iron and Steel
read moreJindal Stainless has exported 12,000 tonnes or 40% of its production in May, while it exports just around 18-20% every year, the company said.
Category : Iron and Steel
read moreJindal Steel & Power Limited posted its highest ever standalone steel sales of 640,000 tonnes in May 2020, a 28% increase compared to sales of 500,000 tonnes during the same period in the previous year. Out of 640,000 tonnes of total standalone sales, 4,01,000 tonnes accounted for export sales..
Category : Iron and Steel
read more