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.
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.
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.
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.
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.
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.
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.
July 18, 2017 5:58 pm
The steel industry had earlier in the month said that with GST rollout the unorganised players in the sector will have to move to organised form of doing business. Natural gas, one of the inputs used in manufacturing sponge iron/Hot Briquetted Iron, an intermediate product used in steel making, has been kept out of GST purview.
May 25, 2016 2:43 am
Five iron and steel accounts alone contributed to over Rs 12,500 crore in bad loans for the bank.
April 05, 2017 6:07 pm
Just as in the late 1990s, Indian lenders have been forced to recast loans to the some of same promoter firms that had dragged them down then too!