Kairavi Mehta: Pioneering a ₹1500 Cr Steel Empire with a Vision for Innovation and Sustainability
Mehta's strategic foresight and problem-solving acumen have earned her a spot in BW Business World's 30 Under 30.
Feb 05, 2024, 21:16 PM IST
JTL Industries Q1 Net Profit More Than Doubles To Rs 25 Cr
The company also exports its products to various offshore markets.
Jul 30, 2023, 14:56 PM IST
Centre receives 10 applications for PLI Scheme for specialty steel; mulls to extend last date again
The government's ambitious PLI scheme for specialty steel has received just 10 applications.
May 22, 2022, 14:49 PM IST
Big boost for steel industry! Govt hikes export duty on iron ore, waives import tax on some raw materials
The import duty on ferronickel, coking coal, PCI coal has been cut from 2.5 per cent, in a move that will bring cheer to the steel industry.
May 22, 2022, 09:15 AM IST
American Precoat opens automotive-grade Electro Galvanized steel plant in India
With a focus on the principle of 'Vocal for Local,' American Precoat ensures that the market's need for automotive-grade EG Steel will be addressed.
Dec 11, 2021, 15:59 PM IST
India, Japan come up with mechanism for cooperation in steel industry
Both sides on Tuesday (December 22) signed a Memorandum of Cooperation to herald the cooperation. It was signed by the Secretary of India's Steel Ministry Pradip Kumar Tripathi and Vice-Minister for International Affairs, Tanaka Shigehiro representing Japan's Ministry of Economy, Trade, and Industry.
Dec 22, 2020, 15:39 PM IST
China, Japan, South Korea bristle over US steel, aluminium tariffs
Trade tensions between China and United States have risen since Trump took office.
Mar 09, 2018, 09:35 AM IST
GST: Steel sector to witness more organised form of business
Another industry body Indian Stainless Steel Development Association (ISSDA) said this is a transition period for the industry.
Jul 01, 2017, 17:48 PM IST
Union Budget 2017: Jaitley gives major relief to the steel industry; waives basic custom duty on nickel
The government has waived basic custom duty on nickel -- a key steel making raw material -- in a major relief to the steel industry which is facing tough times.
Feb 01, 2017, 16:18 PM IST
Hike import duty on flat products: Stainless steel industry
Stainless steel industry body Indian Stainless Steel Development Association (ISSDA) has demanded a hike in import duty on stainless steel flat products and abolition of import duty on key raw materials, including ferro nickel.
Jan 10, 2017, 17:43 PM IST
STEELIMPORTS:Govt may not extend MIP on steel products beyond Oct 4
New Delhi:Government is unlikely to further extend the minimum import price (MIP) on certain steel products beyond October 4 as these items could be covered under anti-dumping duty, an official today said.
Sep 05, 2016, 17:04 PM IST
Steel industry owes Rs 3,00,000 crore to banks
The steel industry has outstanding loans of around Rs three lakh crore in various banks, thus making the sector one of the largest contributors to non-performing assets (NPA) in the country.
Aug 01, 2016, 17:40 PM IST
'Mines Act amendments may spur M&As in cement, steel sectors'
Amendments to the Mines and Minerals (Development and Regulation) Act are expected to streamline the consolidation process in cement and steel industry and clear the way for large merger and acquisition deals, a report said.
May 03, 2016, 18:30 PM IST
Not just China: Japan, South Korea push cheap steel as world reels
As the world reels from a flood of cheap Chinese steel, other countries including Japan and South Korea are selling products overseas at prices as much as a third lower than in their home markets, according to industry data and officials.
Apr 15, 2016, 14:27 PM IST
ArcelorMittal raises $3 billion via rights issue
Steel giant ArcelorMittal said it has successfully completed a USD 3 billion rights issue, proceeds of which will be utilised to pare debt.
Apr 05, 2016, 20:19 PM IST
Tata Steel puts UK biz on block; Govt, unions hunt for options
Tata Steel has put its entire UK business on the block, putting thousands of jobs at risk amid a deepening crisis in the country's once-storied sector that the Indian conglomerate had entered nearly a decade ago with a USD 14-billion takeover with much fanfare.
Mar 30, 2016, 18:13 PM IST
ArcelorMittal-SAIL plant project report to be ready by August
According to a source, the plant size could be up to 1.5 million tonnes (MT) and the investment may be in the range of USD 850 million (about Rs 5,000 crore).
Jun 15, 2015, 15:27 PM IST
Bhushan Steel shares soar 20% on bourses
The stock zoomed 19.92 percent to Rs 60.50, its highest trading permissible limit for the day on the BSE.
Jun 05, 2015, 16:52 PM IST
Cut iron-ore prices by 25%: Assocham to centre
To help domestic steel industry become competitive, the government needs to bring down iron ore prices by 25 percent, industry body Assocham said on Wednesday.
Apr 15, 2015, 20:34 PM IST
No dearth of iron ore in country: Govt
With 152 million tonne production against consumption of 111 MT in 2013-14, there is no dearth of iron ore in the country, the government Monday informed Parliament.
Mar 16, 2015, 16:48 PM IST
