• Reuters12 days ago

    SAIL extends ties with POSCO for technical pact at eastern Indian plant

    NEW DELHI (Reuters) - Steel Authority of India Ltd, the country's top state-owned steel producer, on Sunday said it has deepened strategic technical ties with South Korean steelmaker POSCO for its plant ...

  • India Steel Boom on Show as Top Mill Aims to Double Capacity
    Bloomberg6 months ago

    India Steel Boom on Show as Top Mill Aims to Double Capacity

    JSW Steel Ltd. became India’s largest steelmaker this year as production surged. It wants to get bigger still, much bigger.

  • Steel Output in India Forecast to More Than Double by 2031
    Bloomberg6 months ago

    Steel Output in India Forecast to More Than Double by 2031

    Steel mills in India are set to churn out metal at a rapid pace over the next decade and a half with output forecast to more than double bolstered by a growing economy and increasing urbanization, according ...

  • India Rising as Steelmakers to Beat Japan in Global Rankings
    Bloomberg6 months ago

    India Rising as Steelmakers to Beat Japan in Global Rankings

    India is poised to dislodge Japan to become the world’s second-largest steelmaker as mills ramp up production to record levels to feed growing demand for infrastructure, new homes and consumer goods, highlighting ...

  • Reuters7 months ago

    Morning News Call - India, March 20

    To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_03202017.pdf If you would like to receive this newsletter via email, please register ...

  • Steel Mills in India Reversing Import Woes With Export Push
    Bloomberg7 months ago

    Steel Mills in India Reversing Import Woes With Export Push

    India is set to become a net exporter of steel for the first time in four years, reversing a trend that saw domestic mills battling a flood of cheap imports, according to the Indian Steel Association. ...

  • Reuters7 months ago

    India mulls local steel requirement for $59 bln infrastructure spend

    India may soon mandate the use of local steel in government infrastructure projects worth billions of dollars, sources said, pitching it as a WTO-compliant protectionist measure aimed at further cutting cheap imports, mainly from China. The government expects the move to boost sales of local companies such as JSW Steel and Tata Steel, and eventually attract global steelmakers such as ArcelorMittal and POSCO to invest in the country, five steel ministry sources told Reuters.

  • Bloomberg9 months ago

    Steel Demand Revival Hinges on Modi Roads-to-Rail Spending

    A revival in India’s steel consumption from the weakest estimated growth in at least four years hinges on the government boosting spending on infrastructure, housing and road projects to absorb record ...

  • Bloomberg10 months ago

    Steel Authority of India Posts Sixth Straight Quarterly Loss

    Steel Authority of India Ltd., the country’s top producer, booked a loss for the sixth straight quarter, almost in line with analyst estimates, as costs increased.