April, 2023 Issue
As we enter the financial year 2024 (FY24), quite a few positive vibes emerge on the horizon as
we are just a year ahead of the General Election which in turn is likely to notice a speedy implementation
of our budgetary capital expenditure by 33% and a capital outlay of... ...
March, 2023 Issue
As the financial year 2023 comes to a close, the performance of Indian steel industry registered some
positive news with the export figure rising during the month of February 2023 by 15% to 0.78 MT compared
to 0.68 MT recorded in the month of January 2023... ... ...
February, 2023 Issue
The fiscal budget for the year 2023-24 presented by India’s Finance Minister Mrs. Nirmala Sitharaman has
announced an increased capital investment outlay by 33% to 10 trillion dollars which is 3.3% of the country’s
GDP. The Government has also allocated highest ... ... ...
January, 2023 Issue
Indian steel producers can take heart from the indication of stability in steel prices after experiencing price
volatility last year. According to a recent report by rating agency CRISIL, domestic steel prices may see a
slight increase in the near term and are expected to ... ... ...
December, 2022 Issue
In its recent report, ICRA has forecast the domestic steel industry's full-year operating profits to contract
by 45-50% year-on-year (YoY) in FY23. In April-October 2022, the finished steel imports stood at 3.151 million
tonnes, up 14.5% over the same period last year ... ... ...
November, 2022 IssueCome 14th of November 2022 and it’s a very special
day for us, at Steel & Metallurgy! Exactly 24 years ago on this day in 1998 Steel & Metallurgy was launched
and the maiden issue of the magazine was unveiled by none other than the legendary Dr. M. N. Dastur... ...
October, 2022 IssueCome 14th November and Steel & Metallurgy magazine
will celebrate its 25th Foundation Day. It’s a pleasure reaching this milestone as a leading magazine for
the iron and steel industry. Steel & Metallurgy started its journey in November 1998... ...
September, 2022 IssueDuring the last OECD Steel Committee meeting the
participants expressed serious concerns about the sharp downturn in world steel markets! While the fear of
overcapacity is looming large, the Chinese capacity has already reached 1.15 billion tonnes! In this context... ...
August, 2022 IssueIn a surprise move, the government recently hiked the
duty on exports of iron ore by up to 50% and for a few steel intermediaries to 15%. The hike in export duty
took the industry by surprise and steel producers are divided on the exact impact of the move... ...
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