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Jul 2019

Vedanta To Export Over 50% Of Aluminium As India Increases Imports

Jul 31, 2019

Vedanta Ltd. aims to increase its aluminium exports at a time imports comprise 58 percent of India's consumption of the metal at the end of FY19. Vedanta, India's top aluminium...
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India's Crude Steel Output Grows 4% To 9 Million Tonnes In June: Worldsteel

Jul 30, 2019

India's crude steel output rose by 4 percent to 9.336 million tonnes in June 2019 compared to the year-ago month, according to the World Steel Association. India had produced 8.976...
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Visakhapatnam Steel Plant Achieves A Steelmaking Milestone

Jul 29, 2019

Rashtriya Ispat Nigam Limited-Visakhapatnam steel plant achieved a steelmaking milestone by casting 430 mm Rounds from Caster 4 in Steel Melting Shop -2 (SMS-2) on Saturday night. "The Caster was...
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Global Aluminium Production Falls To 5.25 Million Metric Tons In June

Jul 27, 2019

According to numbers released by the International Aluminum Institute on Monday global aluminium production fell in June, as the worldwide total of smelted primary aluminium last month came to 5.25...
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JSW Steel Plans To Hike Domestic Capacity To 45 MT By 2030

Jul 26, 2019

JSW Steel is looking to increase the domestic capacity to 45 million tonnes by 2030, with a global capacity footprint of 10 million tonnes over the same time period. Addressing...
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CRU - India To Face Iron Ore Shortage With Mine Auctions On The Horizon

Jul 25, 2019

CRU leading research agency said that “n 31 March 2020, the mining leases of mines in India totaling 60 million tonnes per year of iron ore production will come up...
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India And Russia Explore Additional Investments In The Oil And Gas Sector

Jul 24, 2019

India and Russia on Monday explored opportunities for investments in the oil and gas sectors in both countries eyeing to expand their partnership in this sector. Yury Borisov, Deputy Prime...
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BHEL Wins Rs 750 Crore Order From NTPC-Indian Railways JV

Jul 23, 2019

Bharat Heavy Electricals Limited (BHEL) State-owned Corporation on Thursday said it has bagged an order worth Rs 750 crore from Bhartiya Rail Bijlee Company Limited (BRBCL), a joint venture of...
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NMDC To Resume Operations At Donimalai Mine

Jul 22, 2019

National Mineral Development Corporation (NMDC) Limited State-owned miner on July 17 said it is set to resume operations at its Donimalai Iron Ore Mine in Karnataka following the state high...
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Steelmakers Without Captive Mines Are Likely To Face Up To 20% Hike In Costs

Jul 18, 2019

With a host of merchant mines nearing expiry of leases in March 2020, steel makers without captive mines who contribute up 75% of the domestic production, are likely to face...
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Anti-dumping Duty Likely On Imports Of Aluminium And Zinc Coated Flat Products From 3 Nations

Jul 17, 2019

According to a notification of the commerce ministry, the government may impose a provisional anti-dumping duty on imports of aluminium and zinc coated flat products from China, Vietnam, and Korea,...
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Chandrayan 2 Mission To Use Indigenously Developed Special Grades Of Stainless Steel In Its Cryogenic Rocket Engines

Jul 16, 2019

India's Chandrayan 2 mission slated for launch in the early hours on Monday will be using indigenously developed special grades of stainless steel in its cryogenic rocket engines. The steel...
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Steel User Industry Urges The Government Not To Hike Import Duty

Jul 15, 2019

Major steel-consuming small and medium industries have moved the Government against steel manufacturers’ association plea to impose 25 percent duty on steel imports. In a letter addressed to Prime Minister...
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90% Of Natural Gas Used In The US In 2018 Was Produced Domestically - EIA

Jul 13, 2019

Natural gas is one of the main sources of energy in the United States. In 2018, more than 90% of the natural gas consumed in the United States was produced...
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Vedanta Plans To Invest Rupees 35,000 Crore In Metals Biz

Jul 12, 2019

Natural resources conglomerate Vedanta Ltd will invest nearly half of its three-year capital expenditure plan of Rupees 55,000 crore in its metals business, Chairman Navin Agarwal said, undaunted by the...
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GAIL Adds Gorakhpur Into Natural Gas Map

Jul 11, 2019

Gas Authority of India Limited (GAIL) has successfully commissioned 165 km Gorakhpur spur line section under Pradhan Mantri Urja Ganga (PMUG) Natural Gas Pipeline Project, bringing Gorakhpur into the ranks...
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Indian Railways To Acquire Technology To Build Aluminium Coaches

Jul 10, 2019

Rail Analysis has reported, The Indian Railways has initiated an action to acquire the necessary technology required to build aluminium body coaches in its railway factory as per a written...
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India Imports 7.83 Million Tonnes Finished Steel In FY19, Says Dharmendra Pradhan

Jul 9, 2019

The country's finished steel imports rose 4.7 percent to 7.83 million tonnes in 2018-19, Parliament was informed on July 8. The country had imported 7.48 million tonnes of finished steel...
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Steel Production To Hit 128.6 Million Tonnes By 2021: Survey

Jul 8, 2019

The government has estimated the country's steel output to hit 128.6 million tonnes by 2021 and consumption of the same to reach 140 million tonnes by 2023, on the back...
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Expiry Of Iron Ore Lease In March 2020 May Impact Non-integrated Steelmakers

Jul 6, 2019

The merchant mining leases for 50 – 70 million tonnes per annum (MTPA), accounting for 25-35 percent of total iron ore production, is set to expire in March 2020 and...
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India Leads In Steel Imports, Records Close To 100 Million Tons This Year

Jul 4, 2019

According to Fitch Ratings Ltd.’s India will continue to be a net importer of steel for at least the next two years as high-grade products from South Korea and Japan...
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Exports Of Aluminium Sheet, Plate, Strip Rise 9.7 Percent In May

Jul 3, 2019

The latest data from China Customs showed China’s exports of aluminium sheet, plate, and strip rose 9.7 percent from a month ago and 5.7 percent from a year ago to...
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India Cuts Dependence On Australian Coking Coal - Coal Ministry

Jul 1, 2019

India coal ministry data review showed that shipments of coking coal from the United States and Canada to India jumped during the year ended March 2019, as steelmakers in the...
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