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Steel Industry

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

NMDC net profit rises 62% to Rs 1,470 crore in Q3

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

SC allows plea to appoint arbitrators in dispute between IOC and ArcelorMittal

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

India to remain top importer of coking coal; rising prices of raw material a concern: ISA President Oommen

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 losses worth Rs 11,000 crore India annually, says ISSDA

Corrosion leads to losses worth Rs 11,000 crore India annually, says ISSDA

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 cleared ₹692 crore dues to MSMEs in May: Ministry

Public sector steel firms cleared ₹692 crore dues to MSMEs in May: Ministry

Public sector steel firms clear ₹692 cr dues to MSMEs

20 June 2023, 10:55 IST

Govt likely to invite bids for privatising NMDC Steel

Financial bids would be invited only after investors gain confidence about the real capacity of the company.

18 June 2023, 10:18 IST

Govt likely to invite financial bids for privatising NMDC Steel after commissioning blast furnace this month

Govt likely to invite financial bids for privatising NMDC Steel after commissioning blast furnace this month

Govt likely to invite bids for privatising NMDC Steel

18 June 2023, 10:18 IST

Govt to introduce PLI 2.0 for specialty steel: Scindia

Scindia was speaking at the PLI Scheme for Specialty Steel MoU signing event in New Delhi

17 March 2023, 10:55 IST

Govt plans to introduce second edition of PLI scheme for specialty steel: Union minister Scindia

Govt plans to introduce second edition of PLI scheme for specialty steel: Union minister Scindia

Govt to introduce PLI 2.0 for specialty steel: Scindia

17 March 2023, 10:55 IST

PM Modi's building boom driving massive steel demand

India is set to see a 6.7 per cent jump in steel demand to around 120 million tons in 2023, the highest growth among major economies

27 December 2022, 15:19 IST

PM Modi's building boom setting up India as global steel saviour

PM Modi's building boom setting up India as global steel saviour

PM Modi's building boom driving massive steel demand

27 December 2022, 15:19 IST

Export duty removal to help steel makers: Jindal MD

In the July-September quarter, top steel makers including JSPL, Tata Steel and JSW Steel, have either reported losses or posted a sharp fall in their net profits

20 November 2022, 11:53 IST

Export duty removal will help financial, operational performance of steel makers: Jindal Steel MD

Export duty removal will help financial, operational performance of steel makers: Jindal Steel MD

Export duty removal to help steel makers: Jindal MD

20 November 2022, 11:53 IST

'Duty on steel items 'knee jerk' action for industry'

The government's objective behind the move was to cool down steel prices. However, the prices anyway had started showing a downward trend

20 June 2022, 10:16 IST

Imposing duty on steel items a 'knee jerk' action for industry: ISSDA president

Imposing duty on steel items a 'knee jerk' action for industry: ISSDA president

'Duty on steel items 'knee jerk' action for industry'

20 June 2022, 10:16 IST