June 03, 2021 4:04 pm
Additional Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Sumita Dawra said that the government introduced the PLI scheme to encourage an incentive-led model for manufacturing, attracting advanced technologies, bringing in economies of scale and meeting quality standards.
May 01, 2021 1:57 am
The growth rate of the eight infrastructure sectors — coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity — was recorded at (-) 8.6 per cent in March last year.
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.
January 28, 2020 3:27 pm
Asia produced 1,341.6 million tonnes (MT) of crude steel in 2019, an increase of 5.7 per cent compared to 2018, according to the World Steel Association.
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 27, 2019 12:32 pm
The country had produced 9.408 MT crude steel during the same month a year ago, the World Steel Association said in its latest report.
November 18, 2019 6:37 pm
With the achievement of 2.5 kg per capita consumption level, India has reached an inflexion point and entered the league of countries where stainless-steel consumption is recorded on the higher side.
November 18, 2019 5:14 pm
The minister said the government has not fixed any incentive on sale of scrap. This will be governed by guidelines and market conditions prevailing at the time of sale of scrap.
November 06, 2019 4:51 pm
India's steel consumption is set for a quantum jump and investors should come forward and become a partner in the country's growth story, Union Minister Dharmendra Pradhan has said.
After months in lockdown, a weary world is ready to dance