Industry: Iron and Steel

We hosted a conference call with Dr. AS Firoz (Chief Economist at the Economic Research Unit of the Ministry of Steel)
Nov. 9, 2018, 11:20 a.m.

"The way that banks have lent money in the past 8-9 years, I think that there are three parties to this: the loan-seeker, the lender and the person who is in between—the chartered accountant," says Chaudhary.
Nov. 1, 2018, 10:03 a.m.

"There is no danger to steelmakers as of now," said Chaudhary Birender Singh.
Oct. 31, 2018, 10:24 a.m.

The global iron ore market’s junk problem just got worse. China’s push to clamp down on pollution is giving extra impetus to the use of scrap in steel-making, strengthening a long-term trend that sees mills in the top producer progressively favor recycling over the raw material.
Oct. 30, 2018, 10:10 a.m.

India’s crude steel production rose 2.1 per cent to reach 8.520 million tonnes (MT) in September 2018, global steel body worldsteel said in a report.
Oct. 29, 2018, 6:28 a.m.

The quality control order backed by Bureau of Indian Standards ratings will soon cover all steel products according to Minister for Steel, Chaudhary Birender Singh.
Oct. 25, 2018, 9:21 a.m.

Long product (TMT Mumbai) prices were down ~1% WoW. Sponge iron prices were also up ~1% WoW, while scrap prices were up ~6% WoW.
Oct. 22, 2018, 11:10 a.m.

Steel pipe makers are set to become beneficiaries of India’s $10 billion push to expand its natural gas network to more of its urban masses and cut pollution.
Oct. 15, 2018, 10:05 a.m.

Iron ore prices in the domestic market are on an uptrend due to robust demand even as global prices are stagnant. Over the past six months, global iron ore prices are steady at $65-70 a tonne, while domestic prices have escalated 40-45 per cent as imports have turned costlier due to rupee depreciation.
Oct. 10, 2018, 4:14 p.m.

Union Minister of Steel, Chaudhary Birender Singh, has urged international investors and technology giants to invest in the minerals and metals sector in India.
Oct. 10, 2018, 11:03 a.m.