Search For "global steel"
Global Steel Giant ArcelorMittal Establishes Global Capability Centres in
Updated : 2 months, 2 weeks ago IST
Hyderabad (Telangana) [India], February 26: ArcelorMittal, the world's leading steel and mining company, announced the establishment of its new Global Capability Center (GCC), ArcelorMittal Global Business & Technologies (AMGBT), in Hyderabad and Pune, India. The new centers are set to becom
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India shines as bright spot for global steel industry, says Jefferies Repo
Updated : 1 year ago IST
India is emerging as a strong growth market for steel, standing out as the only large country to report meaningful volume growth between 2019 and 2024, according to a recent report by Jefferies.
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India only country among top 10 global steel producers to record consisten
Updated : 1 year, 2 months ago IST
India remains the only country among the top ten global steel producers to register consistent growth, according to a report by Anand Rathi Research.
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Despite subdued global demand, Steel prices stable in India because of inc
Updated : 1 year, 8 months ago IST
The global steel market is currently facing subdued demand, exerting downward pressure on metal prices. However, the scenario in India remains different, as highlighted in a report by Shriram Mutual Fund.
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Union Minister Piyush Goyal sets 500 mn tonnes domestic steel production t
Updated : 1 year, 8 months ago IST
Goyal offered three key recommendations for the domestic steel industry. First, he called for innovation in achieving low emissions, high productivity, and superior quality to position India as a leading global steel manufacturer.
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Higher infra spending, economic growth make India lucrative market for dom
Updated : 1 year, 11 months ago IST
Despite a slowdown in exports and increasing Chinese steel output impacting India's share in the markets, steel makers in the country are optimistic about the domestic demand
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Firm domestic demand to keep India's steel imports elevated in 2023-24: Cr
Updated : 2 years, 5 months ago IST
Strong domestic demand, supported by government spending on infrastructure, building and construction segments, is expected to keep India's steel imports elevated around the 6 million tonne (MT) mark this financial year even as the global steel industry battles a slowdown, according to ratin
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US launches talks with Japan to address steel, aluminum excess capacity
Updated : 4 years, 6 months ago IST
Washington [US], November 13 (ANI/Sputnik): The United States and Japan have started consultations to address issues concerning excess capacity in the global steel and aluminum market, the Office of the US Trade Representative's (USTR) office said.
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Global steel prices to average $800 per tonne in H1: Fitch
Updated : 5 years ago IST
Singapore, May 24 (ANI): Fitch Solutions has revised up its global steel price short-term forecast to an average of USD 800 per tonne compared with USD 660 per tonne previously as the persisting mismatch between supply and demand continues to edge prices higher.
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Steel exports riding on rich realisations: Crisil
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], Apr 27 (ANI): Global steel prices will remain elevated in the first quarter of this fiscal due to higher realisations and new capacities coming on stream before cooling sequentially, according to Crisil.
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Fitch revises outlook on JSW Steel to negative from stable
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Feb 26 (ANI): Fitch Ratings has revised the outlook on JSW Steel's (JSWS) long-term issuer default rating (IDR) to negative from stable and affirmed the IDR at BB.
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Global steel industry passing through difficult phase: Dharmendra Pradhan
Updated : 6 years, 7 months ago IST
Tokyo [Japan], Oct 26 (ANI): The global steel industry is passing through a difficult phase, Union Minister for Petroleum and Natural Gas and Steel, Dharmendra Pradhan said during his address at the Ministerial Meeting of Global Forum on Steel Excess Capacity (GFSEC).
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