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STEELMINT INDIA
Domestic finished steel consumption grows 13 pc to 136 MT in FY24: SteelMintIndia's domestic finished steel consumption increased by 13% to 136 million tonnes in 2023-24, driven by increased demand from the automoti...- India's steel demand to touch 190 MT-mark in 2030; production to reach 210 MT: SteelMintIn 2030, India's steel demand is projected to reach 190 MT based on a 7 per cent Compound Annual Growth Rate (CAGR). "In the best case scen...
- Govt looking into dumping issue of certain steel products: Steel SecretaryThe Indian government is currently addressing concerns related to the influx of specific steel products being imported into the Indian mark...
- India's crude steel output grows to 70 MT in April-September; trend to continue: SteelMintThe increase in production was mainly on account of improved capacity utilisation rates coupled with the ramping up of capacities by key In...
- Coking coal rates pushing up steel prices in India: JSP MD Bimlendra JhaSteel prices in India are increasing due to rising rates of coking coal, according to industry executive Bimlendra Jha. While iron ore is a...
- India's steel output grows 5 pc in Jan-Jun; trend to continue in second half: SteelMintIndia's crude steel production in the first half of 2023 increased by 5% YoY, reaching 66.14 million tonnes. This growth was driven by impr...
- Domestic steel TMT rebar prices cool off to two-year low; trend to continue: SteelMintTMT rebars prices are at a 24-month low, with rates of TMT bars produced through blast furnace (BF) at Rs 51,400/tonne level and rebars man...
- India's steel output grows 8.37 pc to 33.63 MT in Apr-Jun; upward trend to continue: SteelMintIndia's crude steel production increased by 8.37 per cent in April-June period to 33.63 MT and the momentum is likely to continue in the cu...
- Steel trade dips on expectations of price cutsActivity in the steel trade market in India has slowed significantly as buyers hold back from stocking up on materials on expectations of p...
- Crude steel output grows 4% in FY23A SteelMint analyst attributed increasing infrastructure activities to higher production and consumption of steel in India.Steel exports fe...
- India's crude steel output grows to over 124 MT in 2022; consumption rises to 106 MT: SteelMintIndia's crude steel production rose by 5.80 per cent to 124.45 million tonne (MT) in 2022, according to SteelMint. The country had produced...
- Steel prices climb to three-month high of Rs 56,900 per tonne in Jan: SteelMintAccording to SteelMint data, the price of per tonne hot rolled coil (HRC) was Rs 56,000/tonne in November. The steel makers in December sla...
- India's steel output grows 5 pc to 10.34 MT in Nov: SteelMint reportAs per the research firm, the top six steel makers -- SAIL, Tata Steel, JSW Steel, JSPL, AMNS India and RINL -- produced 6.28 MT steel and ...
- Steel industry hails move to scrap export duty on steel, iron oreJust as suddenly as the government had levied an export duty of 15% on most key grades of steel and 45-50% on raw materials like iron ore a...
- India steel output up 2.5 pc at 30 MT in Jul-Sep: ReportIndia's crude steel output rose by 2.56 per cent to 30.06 million tonne (MT) during the July-September period of the ongoing financial year...
- Amidst crippling western sanctions, Russian steel finds its way to Indian shoresSteel from Russia has landed on Indian shores, according to people aware of the development, much to the chagrin of domestic steelmakers, a...
- Steel, fuel prices to impact domestic steel demand in coming quarters: SteelMintWhile hot-rolled coil (HRC) is quoting in the range of Rs 76,000-77,000 per tonne, cold-rolled coil (CRC) is costing between Rs 85,000-86,0...
- 'Steel prices will continue to move up as Ukraine-Russia conflict hits supply chain'The prices in the international market have moved up by around USD 135 a tonne and are moving up since the conflict started in the last wee...
- NMDC cuts iron ore prices by ₹200/tonne as steel prices fallSteel Research and analysis firm, SteelMint reported on Sunday that the NMDC’s Baila Fe 65.5% iron ore lump prices have come down by ₹200 a...
- Iron ore imports jump to record 15 MT in FY'15India's iron ore imports jumped manifold to a record 15 million tonnes in the financial year 2014-15 owing to ban on mining activities and ...
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