Search For "crude steel"
How to Import Steel in India: A Complete Guide for Steel Importers
Updated : 3 weeks, 4 days ago IST
New Delhi [India], February 18: India is the world's second-largest producer of crude steel, yet the country imports significant volumes every year. In the fiscal year 2024, steel imports crossed 8.3 million metric tonnes, driven by surging demand from construction, infrastructure, and autom
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Jindal Steel Commissions New 3 MTPA Basic Oxygen Furnace at Angul, Expands
Updated : 5 months, 1 week ago IST
Angul (Odisha) [India], September 30: Jindal Steel has successfully commissioned its 250 MT Basic Oxygen Furnace (BOF) Converter at the Angul integrated steel plant, adding 3 MTPA of crude steelmaking capacity. With the first heat now tapped, the company's total capacity at Angul has risen f
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Jindal Steel's crude steel production may rise to 12 million tonnes in FY2
Updated : 5 months, 1 week ago IST
Production of crude steel by Jindal Steel is expected to be around 12 million tonnes in the 2025-26 financial year, mainly due to a new blast furnace the company is commissioning shortly. The company's crude steel output was 8.1 million tonnes during the same period last year.
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Green steel push needs govt backing on demand, funding, say industry leade
Updated : 6 months, 3 weeks ago IST
With India's steel sector responsible for nearly 350 million tonnes of CO₂ emissions annually, industry leaders on Friday said the transition to low-carbon steel hinges on government creating demand through procurement mandates, besides providing financial support and policy certainty.
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India's crude steel capacity needs 8 pc CAGR to meet Govts 300 mn MT targe
Updated : 1 year ago IST
India's crude steel capacity must grow at a compounded annual growth rate of 8 per cent to meet Governments Steel target of 300 million metric tonnes (mn MT) by 2030, according to a report by HDFC Securities.
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Indian steel majors best-placed producers globally: Nomura
Updated : 1 year, 5 months ago IST
India's steel industry is set to expand significantly over the next few years, with plans to add around 23 million tonnes (MT) of crude steel capacity between FY24 and FY27, according to a report by Nomura.
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JSW Steel production declines in May due to maintenance shutdown
Updated : 1 year, 9 months ago IST
The crude steel production was lower year-on-year mainly due to a planned maintenance shutdown for one of the Blast Furnaces at Dolvi, the company said. The Blast Furnace has been restarted in the first week of June.
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PM Modi names INS Vikrant in high-grade steel manufacturing, highlights PP
Updated : 3 years, 4 months ago IST
The Prime Minister said that the scientists of Defence Research and Development Organisation (DRDO) developed the special steel used in the aircraft carrier. Indian companies produced thousands of metric tons of steel. And INS Vikrant was completely ready with indigenous capability and te
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SAIL turnover crosses Rs 1 lakh crore; posts highest ever production
Updated : 3 years, 5 months ago IST
New Delhi [India], September 28 (ANI): Steel Authority of India Limited (SAIL) posted the best ever production performance of 18.733 million tons hot metal and 17.37 million tons crude steel during the financial year 2021-22 and the company's turnover crossed Rs 1 lakh crore for the first ti
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JSW Steel Q4 net profit falls 23 per cent to Rs 3,234 crore
Updated : 3 years, 9 months ago IST
New Delhi [India], May 27 (ANI): JSW Steel Limited on Friday reported a consolidated net profit of Rs 3,234 crore for the quarter ended March 2022, which is 23 per cent lower when compared with Rs 4,198 crore recorded in the corresponding period of last year.
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FIRST Construction Council: 35 per cent Capex Jump to Rs 7.5 Trillion Unde
Updated : 4 years ago IST
New Delhi [India], February 18 (ANI/BusinessWire India): As per the Economic Survey released by the finance ministry, the performance of the steel industry is pivotal to the growth of the economy. India's crude steel production increased 25 per cent year-on-year to 66.91 million tonne during
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India targets to double steel production capacity to 300 MT by 2030-31
Updated : 4 years, 1 month ago IST
New Delhi [India], February 7 (ANI): India targets to more than double its annual crude steel production capacity to 300 million tonnes (MT) by 2030-31 from the present 144 MT, Union Minister of Steel Ram Chandra Prasad Singh said on Monday.
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