December, 2019 Issue

The one-day conference, recently organsied in Kolkata by Steel & Metallurgy, evinced one key insight among many – India’s steel sector will have to play a major role in India’s trillion dollar economic dreams. But steel industry’s current state does little to endorse country’s ... ... ...

November, 2019 Issue

Unfavorable factors prevailing for the domestic steel sector put the feasibility of government’s grand steel vision at bay. Lack of momentum in the construction sector, lean patch of automotive sales, vagaries of raw material scenario have ushered in ... ... ...

October, 2019 Issue

India’s steel demand recorded 5% growth in the first half of this fiscal, compared to the 7.5% and 7.9% growth in FY-2019 and FY-2018 respectively. Demand scenario for steel in the domestic market has turned sluggish in recent months. While the domestic steel ... ... ...

September, 2019 Issue

As estimations roll in for the domestic steel sector, expectation has started thinning for the Indian steel industry. Top credit rating agencies in their outlook for domestic steel sector have indicated sluggishness in the growth and pro India Credit Ratings Agency ... ... ...

August, 2019 Issue

India's crude steel output increased by 1.7 per cent to 9.215 million tonnes (MT) in July 2019, according to World Steel Association's report. The country had produced 9.059 MT of crude steel during the same month a year ago, the global steel industry body said in its latest report.... ... ...

July, 2019 Issue

Steel demand in the country has taken a slump owing to the continuing weak demand from the major consuming sectors including infra structure and automotive, resulting in the steel prices to decline. Steel prices fell below Rs 40,000 per tonne in the domestic ... ... ...

June, 2019 Issue

Domestic steel consumption gowth came down to 7.5 per cent in 2018-19, from 7.9 per cent in 2017-18 due to liquidity and fuel price-related issues faced by the auto sector during the second half.Demand growth eased further to 6.4 per cent in April 2019 ... ... ...