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Steel consumption to rise due to govt programmes, schemes: Singh
The steel ministry had an interactive session with steel companies based in Odisha.
Feb 26, 2022, 20:58 PM IST
Support each other in manufacturing, promote local firms: Goyal to domestic businesses
Commerce and Industry Minister Piyush Goyal said called on domestic businesses to look at ways and means to support each other in manufacturing and promote local firms like companies do in South Korea and Japan.
Feb 24, 2022, 22:22 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
India imposes anti-dumping duty on certain steel products from China, Vietnam, Korea
The imposition of anti-dumping duty is permissible under the World Trade Organization (WTO) regime.
Jun 24, 2020, 12:57 PM IST
Government launches steel import monitoring system
The SIMS will provide advance information about steel imports to Government and stake holders including, steel industry (producers), steel consumers (importers) to have effective policy interventions.
Sep 17, 2019, 10:49 AM IST
Donald Trump trade tariffs: Europe threatens US bikes, bourbon, Levi's jeans
European Commission chief Jean-Claude Juncker said that there would be consequences for the US if Trump's threat of 25% tariff on steel, 10% on aluminium imports takes effect.
Mar 03, 2018, 13:41 PM IST
Chinese scientists make breakthrough in super steel
Strength and ductility are desirable properties of metallic materials for wide-ranging applications, but increasing strength often leads to the decrease in ductility, which is known as the strength-ductility trade-off.
Aug 25, 2017, 12:36 PM IST
Steel sector must gear up, face global competition: Steel Minister
Asserting that the steel sector has started "stabilising", Steel Minister Chaudhary Birendra Singh on Sunday said the industry must gear up to face global competition as protectionist measures like minimum import price (MIP) and anti-dumping can not continue indefinitely.
Feb 05, 2017, 19:13 PM IST
Japan threatens India with WTO on steel as Trump era heralds rising trade tensions
Japan is threatening to take India to the WTO over restrictions that nearly halved its steel exports to the South Asian nation over the past year, a step that could trigger more trade spats as global tensions over steel and other commodities run high.
Jan 20, 2017, 20:08 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
New porous graphene material stronger, lighter than steel
Researchers at Massachusetts Institute of Technology in the US analysed the material's behaviour down to the level of individual atoms within the structure.
Jan 08, 2017, 14:01 PM IST
SAIL's steel production up 15% at 10 MT in April-December
The country's largest steel maker SAIL Wednesday said it has produced 10.18 million tonnes of saleable steel in April to December period of the current fiscal, registering a 15 per cent growth over the year-ago period.
Jan 04, 2017, 19:21 PM IST
India's core infrastructure sector growth rises to 4.9% in November
Infrastructure sector recorded a growth rate of 4.9 percent in November on the back of impressive performance by steel, electricity and coal products.
Jan 02, 2017, 18:04 PM IST
SAIL Q1 net loss widens; sees steel demand to rise in H2 FY'17
India's largest steelmaker SAIL Thursday said its standalone net loss widened to Rs 534.92 crore in the June quarter this fiscal on account of a dip in sales realisation and higher interest and depreciation charges.
Sep 08, 2016, 23:52 PM IST
July core sector growth at 3.2% vs 5.2% in June
Infrastructure sector grew at 3.2 percent in July mainly because of improvement in performance of energy sector, especially refinery output.
Aug 31, 2016, 18:42 PM IST
EU hits China, Russia with steel anti-dumping duties
The European Union today hit China and Russia with anti-dumping duties on cold rolled steel imports after complaints by EU producers they were being forced out of the market.
Aug 04, 2016, 20:24 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
Sanjeev Gupta meets UK biz minister Sajid Javid on Tata Steel UK buyout
Having evinced interest in acquiring certain assets of Tata Steel UK, Indian-origin businessman Sanjeev Gupta Tuesday met UK's Business Secretary Sajid Javid and said he is waiting for Tatas to start the "sales process" and promised that there will not be any major job cuts.
Apr 05, 2016, 23:19 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
