Apr 2019
Indian Steel Mills Stare At Uncertainty On Iron Ore Front - Report
Apr 30, 2019
It is reported that steel companies, especially primary steel manufacturers, are facing an uncertain future on sourcing of iron ore, with leases of about 288 mines, including iron ore, bauxite,...
Read More ...
The United States May Offer Oil And Gas To India On Concessional Terms: Report
Apr 27, 2019
After lifting of the Iran sanction waiver on India, the United States is now said to have offered oil and gas at concessional terms from its own reserves. The move...
Read More ...
Vedanta Gets A Green Nod For Rs 12,000 Crore Oil & Gas Expansion Project In Rajasthan
Apr 26, 2019
Mining Mughal Anil Agarwal's Vedanta Ltd has received environment clearance for the expansion of its oil and gas operation in Rajasthan that would entail an investment of Rs 12,000 crore,...
Read More ...
RINL Eyes Rs 25,000-crore Turnover In FY 2019-20
Apr 25, 2019
State-run steel producer Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant Wednesday said it is targeting a turnover of Rs 25,000 crore in the ongoing financial...
Read More ...
JSPL Completes First-ever Rail Order Ahead Of Schedule
Apr 24, 2019
Jindal Steel and Power Ltd (JSPL) on 23rd April 2019 said it has completed delivery of its one lakh tonne first-ever rail order, which the firm had bagged from the...
Read More ...
India To Surge Past The US In Steel Use In 2019, Rank Next Only To China: Study
Apr 23, 2019
India will outstrip the United States to become the second largest steel-consuming nation in the world in calendar 2019 after China. China, the largest market for steel, will ace the...
Read More ...
Steel Asia Expansion To Boost Employment
Apr 22, 2019
As Steel Asia Manufacturing Corp. continues to expand capacity amid growing construction sector demand, a substantial number of jobs are expected to be created the Trade department said. Steel Asia...
Read More ...
India’s Natural Gas Production At 3-year High
Apr 20, 2019
India produced 30,057 million standard cubic meters (MMSCM) of natural gas in the first eleven months (April-February) of the current financial year (2018-2019), the highest output recorded in the past...
Read More ...
Toyota Announced Novelis As Aluminum Supplier For 2019 RAV4
Apr 19, 2019
Toyota Motor Corporation selects Novelis Inc the world leader in aluminum rolling and recycling as a supplier for Toyota Motor with premium aluminum automotive body sheet for the all-new 2019...
Read More ...
Tata Steel Pips JSW Steel To Become The Top Producer Of Alloy In FY19
Apr 18, 2019
Tata Steel edged past JSW Steel to be the largest steel producer in India in FY 2018-19 boosted by the acquisition of Bhushan Steel. JSW Steel, which was the...
Read More ...
India Can Save Costly Coking Coal Imports Of 8.25 Million Tonnes: TERI
Apr 17, 2019
According to The Energy and Resources Institute (TERI), by implementing integrated resource efficiency approach that optimizes material utilization at every step of the value chain of resources India can save...
Read More ...
Major Decline In India's Steel Export To The US; Increase In Aluminum: Report
Apr 16, 2019
The independent Congressional Research Service (CRS) said in its latest report that, India's steel export to the US in 2018 declined by 49 percent to USD 372 million, while that...
Read More ...
Emirates Global Aluminium Starts Production At UAE First Alumina Refinery
Apr 15, 2019
Emirates Global Aluminium (EGA), the largest industrial company outside oil and gas in the United Arab Emirates announced the start-up of Al Taweelah alumina refinery, a strategic growth project that...
Read More ...
NMDC Ramps Up Mining Capacity, Setting Up A New Integrated Steel Plant
Apr 15, 2019
Government-owned National Mineral Development Corporation Limited (NMDC) is ramping up its iron ore mining capacity and is planning to set up a new integrated steel producing plant at a cost...
Read More ...
Vedanta Produced 1.95 Million Metric Tons Of Primary Aluminium In FY ‘19
Apr 12, 2019
Vedanta Ltd. with an aluminium output of 1.95 million metric tons in the previous fiscal year moved into the pole position for aluminium production among India’s smelters, bumping previous leader...
Read More ...
India’s Steel Consumption Poised To Cross Psychological 100-million Tonne Mark In 2019
Apr 11, 2019
A forecast by Indian Steel Association an industry body comprising domestic steel producers has said, India’s steel consumption is poised to cross the psychological 100-million tonne mark in 2019. The...
Read More ...
Tata's Complete Takeover Of Usha Martin's Steel Business
Apr 10, 2019
Tata Sponge has said it has completed the acquisition of Usha Martin steel business undertaking including captive power plants, on Tuesday, April 09, 2019.
The deal was completed “in accordance...
Read More ...
India Probes Dumping Of 'aluminium, Zinc Coated Flat Products' From China, Vietnam, Korea
Apr 9, 2019
India has begun a probe into alleged dumping of aluminium and zinc coated flat products from China, Vietnam, and Korea following a complaint from a domestic player. The commerce ministry's...
Read More ...
India’s Per Capita Steel Consumption Likely To Exceed 75kg In 2019 - Mr. Sushim Banerjee
Apr 8, 2019
Mr. Sushim Banerjee DG Institute for Steel Development & Growth (INSDAG) in his personal capacity said that “While India needs to enhance its steel exports, meeting the domestic demand should...
Read More ...
SAIL Registers 8 Percent Growth In Crude Steel Manufacturing In FY19
Apr 5, 2019
Steel Authority of India Limited (SAIL) registers a growth of 8% over the previous year by producing 16.3 million tonnes crude steel in FY19 and clocking the best ever saleable...
Read More ...
India Notifies WTO Plans To Bring More Steel Items Under Quality Control
Apr 4, 2019
India has notified to the World Trade Organization (WTO) its plans to bring more steel and stainless steel items under its quality control order — a move that is not...
Read More ...
Chalco Becomes Second Biggest Aluminum Producer Globally In 2018
Apr 3, 2019
Chinese aluminium giant Beijing-based Chalco announced that it has increased annual aluminum output by 16% in 2018, putting it ahead of Russia’s Rusal as the world’s second-biggest publicly traded producer...
Read More ...
Rashtriya Ispat Nigam Ltd Records Highest Sales Turnover Of Rs 20,844 Crores In FY 2018-19
Apr 2, 2019
Rashtriya Ispat Nigam Ltd (RINL) recorded its highest sales turnover of Rs 20,844 crores during the just concluded 2018-19 financial years, representing a growth of 25% over sales turnover of...
Read More ...
Steel Prices To Remain Constant In Coming Months: Steel Authority Of India
Apr 1, 2019
Steel Authority of India (SAIL) has said a 7% plus growth in domestic steel consumption led by investment in construction and infrastructure, is tipped to keep steel prices firm in...
Read More ...