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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...
- 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...
- 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...
- 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...
- Volatility in steel prices to continue in medium-term: SteelMintIn the last six months, the steel prices have not been stable. The user industry has been witnessing price revisions on a weekly basis. "Th...
- 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 prices continue sliding, pose a risk to the recovery of steelmakersPrices of benchmark hot-rolled coil (HRC) steel as of December first week have declined by around Rs 3,000 per tonne compared to November t...
- 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...
- Steel prices fall 40 pc in last six months to Rs 57,000/ton: SteelMintThe steel prices in the domestic market peaked at Rs 78,800 per tonne in April. After 18 per cent GST levy, the price was about Rs 93,000 p...
- 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...
- 'Boron' comes to rescue of steel companies hit by export levyAt a time when a new 15% export duty on steel has brought sale of the alloy overseas under pressure, one exception has come to the rescue o...
- 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...
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