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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
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
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 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 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 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 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
'Duty on steel items 'knee jerk' action for industry'
20 June 2022, 10:16 IST
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