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Industry pressing to raise tariffs, need to look at competitiveness: DPIIT Secy Amardeep Singh Bhatia

December 12, 2024 8:16 am

Amardeep Singh Bhatia said that substantial improvements in India’s industrial infrastructure, including the development of industrial parks, and pointed out the need to optimise land use to make industrial land more accessible.

Govt plans to introduce PLI 2.0 for specialty steel: Jyortiraditya Scindia

March 17, 2023 3:22 pm

The government is planning to introduce the second edition of the PLI scheme for specialty steel to boost production of value-added steel in the country, Union Minister of Steel Jyortiraditya Scindia said

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Removal of export duty will lead to new era of growth for steel industry: Jyotiraditya Scindia

November 21, 2022 2:29 pm

It has taken years for the domestic steel industry to gain footprint in the international markets, the steel minister said at the 3rd Indian Steel Association (ISA) conference here.

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Tata Steel leaves Indian Steel Association; T V Narendran steps down as President

May 05, 2020 12:07 pm

Tata Steel CEO and Managing Director (MD) T V Narendran has also stepped down from the Presidentship of the Association, tenure of which was scheduled to end in August.

Ind-Ra revises downwards outlook on steel sector to 'negative'

February 27, 2020 5:26 pm

The revision has been made seeing the steel demand growth expectations of 5 per cent and margin pressures led by iron ore price risks, India Ratings and Research (Ind-Ra) said in report.

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Steel Minister seeks Japanese investment in fast-growing Indian steel market

February 24, 2020 2:35 pm

Union Steel Minister Dharmendra Pradhan also assured investors that India will provide necessary support to facilitate them in setting up businesses.

Coronavirus outbreak to impact steel industry for next 2-3 years: Dharmendra Pradhan

February 17, 2020 5:22 pm

India is the second-largest global producer of steel with an annual output of over 106 million tonne (MT) but lags much behind China that accounted for 928.3 MT of the alloy in 2018.

India's steel demand to slow down on weak auto, manufacturing demand: Moody's

December 03, 2019 12:14 pm

India will remain the world's second-largest steel producer behind China after having overtaken Japan in 2018, Moody's Investors Service said.

ArcelorMittal India entry: Domestic steel firms say more players in market to spur innovation

November 21, 2019 5:47 pm

"We don't see ArcelorMittal as a challenge," JSW Steel Chairman Sajjan Jindal told PTI on the sidelines of the ISA Steel Conclave.

India's finished steel export slides over 30% in January

February 18, 2018 11:55 am

Exports should account for 6-7 per cent of India's total steel production in the next few years, up from the 1.5 per cent at present, Union Steel Minister Chaudhary Birender Singh had earlier said.