Industry: Iron and Steel


India is on track to produce the most iron ore in nine years as independent miners extract more of the steel-making raw material before the expiry of their leases next year.
Jan. 28, 2019, 7:13 a.m.

We attended the steel industry conference organized by FICCI on 22-23rd January 2019 in Mumbai.
Jan. 24, 2019, 11:05 a.m.
Publisher: motilaloswal.com

Debt-laden steel companies are facing a tough time with slowing demand and rising raw material cost.
Jan. 23, 2019, 3:28 p.m.

ET Now's MubinaKapasi caught up with the Steel Minister Birender Singh on the growth roadmap for the steel industry. Listen in to what he said.
Jan. 22, 2019, midnight
Publisher: youtube.com


Iron ore exports in 2017-18 dipped to USD 1.47 billion from USD 1.53 billion in the previous fiscal.
Jan. 15, 2019, 12:45 p.m.

Long product (TMT Mumbai) prices were up 1% WoW. Sponge iron prices were down 1% WoW, while scrap prices were up 2% WoW.
Jan. 14, 2019, 11:34 a.m.
Publisher: motilaloswal.com

The crude steel production fell by 1.4 per cent to 8.936 million tonnes (MT) in December 2018, according to official data. The country had produced 9.067 MT crude steel in December 2017.
Jan. 14, 2019, 7:24 a.m.

The domestic steel consumption growth is expected to grow by 7 per cent during this fiscal and the trend is likely to continue in the next financial year as well, largely driven by the government’s focus on the infrastructure sector, says an ICRA report.
Dec. 31, 2018, noon

Long product (TMT Mumbai) prices were marginally higher WoW. Sponge iron prices declined 1% WoW while scrap prices increased 3% WoW.
Dec. 31, 2018, 11:45 a.m.
Publisher: motilaloswal.com

A counter levy of import quotas by the European Union too hits Indian steel industry
Dec. 26, 2018, 3:53 p.m.