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Steel Industry
Govt infuses Rs 1,650 cr in RINL to keep it as a going concern
The government is also taking various measures to keep RINL as a going concern, the Ministry of Steel said in a note.
03 November 2024, 09:06 IST
Govt infuses Rs 1,650 cr in RINL to keep it as a going concern
03 November 2024, 09:06 IST
Indian steelmakers seek higher tariffs as Chinese imports surge
The world's second-biggest crude steel producer became a net importer of the alloy in the fiscal year through March 2024 and the trend has continued into the current year.
26 September 2024, 10:08 IST
Indian steelmakers seek higher tariffs as Chinese imports surge
26 September 2024, 10:08 IST
Invited steel industry to discuss unfair competition to take appropriate steps: Goyal
Certain steel industry players have raised concerns over rising imports from China at lower rates.
06 September 2024, 10:17 IST
Invited steel industry to discuss unfair competition to take appropriate steps: Goyal
06 September 2024, 10:17 IST
India set to hold more talks over import curbs on steelmaking raw material
The April proposal from the Directorate General of Trade Remedies (DGTR) aimed to protect the country's local met coke producers from rising imports, which have risen by more than 61% over the last four years.
28 August 2024, 11:41 IST
India set to hold more talks over import curbs on steelmaking raw material
28 August 2024, 11:41 IST
Mineral cess could squeeze steel makers’ margins by 2.5% : ICRA
While the margins of primary steel producers could shrink by approximately 60-180 basis points, secondary producers may face a more severe impact, with margin declines ranging from 80 to 250 basis points, depending on various scenarios of cess rates, which vary between 5 per cent and 15 per cent.
26 August 2024, 21:45 IST
Mineral cess could squeeze steel makers’ margins by 2.5% : ICRA
26 August 2024, 21:45 IST
NMDC net profit rises 62% to Rs 1,470 crore in Q3
NMDC, under the Ministry of Steel, is India's largest iron ore mining company contributing to around 20 per cent of the country's demand of the key steel-making raw material.
14 February 2024, 13:24 IST
NMDC net profit rises 62% to Rs 1,470 crore in Q3
14 February 2024, 13:24 IST
SC allows plea to appoint arbitrators in dispute between IOC and ArcelorMittal
The IOC's claim was initially filed against bankrupt Essar Steel India, which was taken over by ArcelorMittal in December 2019 after it won approval from the Supreme Court.
12 February 2024, 11:00 IST
SC allows plea to appoint arbitrators in dispute between IOC and ArcelorMittal
12 February 2024, 11:00 IST
India to remain top importer of coking coal; rising prices of raw material a concern: ISA President Oommen
Coking coal is a key raw material that is used to manufacture steel through the blast furnace route.
06 November 2023, 13:57 IST
India to remain top importer of coking coal; rising prices of raw material a concern: ISA President Oommen
06 November 2023, 13:57 IST
Corrosion leads to ₹11,000 cr losses in India: ISSDA
As India moves towards a Rs 5,00,000 crore economy goal, dealing with a challenge like corrosion in projects should be a key focus area, ISSDA president said.
04 August 2023, 08:19 IST
Corrosion leads to ₹11,000 cr losses in India: ISSDA
04 August 2023, 08:19 IST
Public sector steel firms clear ₹692 cr dues to MSMEs
The status of pending payments to MSMEs by CPSEs of the steel ministry is being monitored on a weekly basis to ensure that dues are cleared within the 45-day deadline.
20 June 2023, 10:55 IST
Public sector steel firms clear ₹692 cr dues to MSMEs
20 June 2023, 10:55 IST
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