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STEEL PRODUCTION CAPACITY
New draft steel policy targets 604 million tonnes capacity by 2047India has unveiled a new draft national steel policy targeting 604 million tonnes capacity by 2047. The initiative also aims to increase ex...
US has India as an ally and a target of investigation in the same manufacturing fightIndia has aligned itself with a US-led initiative aimed at mitigating global manufacturing overcapacity, joining 15 nations in this coopera...
ET Evoke: ‘Shipping, moving 80% world trade, is far more volatile than stocks,’ says Harvard University's Myrto KalouptsidiMyrto Kalouptsidi, Harvard professor of international economics, explains how shipping disruptions at chokepoints such as Hormuz, Suez and ...
India, 14 others ink joint ministerial statement to curb structural excess capacityIndia has joined the US, EU, UK and 12 other economies in a joint statement to tackle structural excess capacity and production, despite fa...
India Inc's Q2 revenue growth to moderate to 16-16.5%: ReportIndia Inc’s revenue growth is estimated to moderate to 16-16.5% year-on-year in the September quarter from 17.4% in Q1, while aggregate Ebi...
Naveen Jindal weighs bid for EU firm CelsaNaveen Jindal, chairman of Jindal Steel, is considering a €5-billion bid for European steelmaker Celsa to enhance his operations. The discu...
India joins US, 13 economies in joint statement to address global excess capacity after G20 meetingIndia, along with the United States and 13 other economies, has signed a joint statement aiming to address structural excess capacity. The ...
ET Prime Special Series: Multibagger or Bankruptcy? Part 79: 5 years changed the size of this auto supplier. Will it pass the quality test?The most striking number in this story is not a margin or a market-share target. It is a measure of scale. Revenue in the latest quarter wa...
Backward integration, captive power seen aiding profitability of secondary steel playersSecondary steelmakers in India are improving profitability by investing in captive power and backward integration, helping offset volatile ...
Domestic steel demand to rise; in talks with the Netherlands government over steel production: Tata Steel CEOTata Steel CEO T V Narendran stated that domestic steel demand is expected to grow 8-10% in the coming months. He mentioned positive signs ...
Indian Navy to get 43,500-tonne ‘Surya’ ship as Rajnath Singh lays keel at HSL in VisakhapatnamDefence Minister Rajnath Singh on Tuesday inaugurated major shipbuilding and maritime infrastructure projects at Hindustan Shipyard Limited...
Tata Steel expanding NINL capacity to 5 MT per annum: CEO TV NarendranTata Steel is channeling Rs 40,000 crore towards boosting the capacity of Neelachal Ispat Nigam Limited (NINL) by an impressive 5 million t...
Piyush Goyal at G20: India has no ‘structural excess capacity’, rejects dumping concerns based on broad country-wide assumptionsIndia does not have structural excess manufacturing capacity in sectors flagged by the G20 presidency, Commerce Minister Piyush Goyal said,...
CBAM can help India build a greener, competitive export sectorThe EU's Carbon Border Adjustment Mechanism is set to reshape global trade dynamics by prioritizing carbon intensity. Indian exporters must...
Piyush Goyal says India does not have structural excess manufacturing capacityPiyush Goyal said India does not have structural excess manufacturing capacity in sectors identified by the G20, arguing that Indian produc...
CEAT expands Chennai plant to boost premium tyre production for India, global marketsCEAT has expanded its manufacturing capabilities at the Chennai plant across various tyre categories and segments. This expansion will enha...
Greer urges G20 to back Trump tariff agenda, takes aim at ChinaUS Trade Representative Jamieson Greer urged G20 major economies to refrain from coercive food trade actions. He emphasized the need to tac...
SAIL flies in Mongolian coking coal as it seeks new supplies, sources saySteel Authority of India has airlifted a 1-metric-ton sample of coking coal from Mongolia for testing. This trial was initiated as part of ...
New steel policy draft ready, to set 2047 road map: SecretaryThe government is revisiting the current national steel policy 2017 to address major changes in the sector in the past decade including AI,...
India to soon release new steel policy, eyes 600 million tons capacity by 2047, secy saysIndia's government will soon unveil a new national steel policy aimed at boosting steel production. The production capacity is expected to ...