Search For "steel consumption"
MPK Steels (I) Ltd. Strengthens India's Infrastructure Push with High-Qual
Updated : 5 months, 3 weeks ago IST
Jaipur (Rajasthan) [India], September 23: As India advances on its path to becoming a global economic powerhouse, the demand for robust infrastructure has never been greater. Playing a vital yet often under-acknowledged role in this transformation is the structural steel sector. Jaipur-based
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Japan aims to expand steel business in India; more joint ventures in offin
Updated : 5 months, 3 weeks ago IST
India's increased domestic production and consumption of steel are attracting Japan's steel companies to expand their businesses in India through more and more joint ventures.
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India only country among top 10 global steel producers to record consisten
Updated : 1 year 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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India's Stainless-Steel Consumption Climbs up by 4.36 per cent CAGR: Syner
Updated : 1 year, 6 months ago IST
New Delhi [India], September 5: Synergy Steels, India's leading stainless-steel long product producer, welcomes the recently released government data indicating a Compound Annual Growth Rate (CAGR) of 4.36% in the total finished stainless-steel consumption over the past five financial years.
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Firm domestic demand to keep India's steel imports elevated in 2023-24: Cr
Updated : 2 years, 3 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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Improved supply-demand balance to boost margins for APAC steel producers:
Updated : 2 years, 4 months ago IST
Chinese steel consumption has remained steady, with a flat year-on-year performance in 9M23. This stability is attributed to robust investments in the infrastructure and manufacturing sectors, compensating for a weaker property sector.
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India exported finished steel worth Rs 1 lakh crore in 2021-22: Minister
Updated : 3 years, 11 months ago IST
New Delhi [India], April 26 (ANI): India exported 13.5 million tonnes of finished steel amounting to Rs 1 lakh crore during the financial year ended March 2022, Union Minister of State for Steel and Rural Development Faggan Singh Kulaste said on Tuesday.
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Steel prices improve but may face headwinds: Ind-Ra
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 29 (ANI): Domestic steel consumption is likely to be low over 1Q FY22 quarter-on-quarter due to the second Covid wave but not at the low levels witnessed over 1Q FY21 when there was a complete shutdown of activities, according to India Ratings and Research (
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Maithan Alloys Q3 profit flat sequentially at Rs 55 crore
Updated : 5 years, 1 month ago IST
Kolkata (West Bengal) [India], February 20 (ANI): India's largest manganese alloy producer Maithan Alloys Ltd on Saturday reported flat sequential growth in its profit at Rs 55.4 crore in Q3 FY21 as compared to Rs 54.9 crore in Q2 FY21, up by just 1 per cent.
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JSW Steel crude steel production down by 8 pc in Q2 FY20
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 11 (ANI): JSW Steel, the flagship business of 14 billion dollar JSW Group, on Friday reported 8 per cent decline in crude steel production to 3.84 million tonnes in the April to June quarter of the current financial year.
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Challenging environment to dent profitability of domestic steel makers in
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 18 (ANI): The domestic steel consumption growth is expected to decelerate to about 5 to 6 per cent in the current financial year as compared to 7.9 per cent in FY19 on the back of an unprecedented slowdown in economic activity as reflected by the GDP growth tapering d
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India becomes a net exporter of steel amidst weak domestic demand, says IC
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 28 (ANI): Given the continuing sluggishness in the key real estate and construction sectors, ICRA expects the overall steel consumption growth for FY2017 to be lower than the previous year levels.
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