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Steel Industry
Business  /  Published 23.05.22

Export levy hits steel company plans

PLI plan flops The government's ambitious PLI scheme for specialty steel has received just 10 applications, even as the last date to submit interest under the scheme was extended twice, after cer...
By Sambit Saha in Calcutta

Business  /  Published 22.05.22

Import duty on steel inputs cut

AMRG & Associates senior partner Rajat Mohan said a steep reduction in import duty on these products would help arrest high inflation. ...
By Our Bureau in New Delhi

Business  /  Published 24.01.22

Interview with JSW Steel's Seshagiri Rao

India’s second largest private sector steel producer JSW Steel recorded a steep jump in profit in the third quarter on a year-on-year basis even though it was down on a quarter-on-quarter basis....
By Sambit Saha

Jharkhand  /  Published 28.08.21

Union minister supports steel PSUs’ privatisation

Union minister of state for steel Faggan Singh Kulaste, who is on a two-day visit of Jharkhand, voiced support for the privatisation of steel PSUs amid protests by trade unions against privatisation. ...
By Animesh Bisoee in Jamshedpur

Business  /  Published 08.05.21

Duty waiver fillip for steel

Indian steel mills are likely to benefit from China’s move to withdraw export rebates of 13 per cent on 146 steel products and remove import duty on crude steel, pig iron and scrap on April 28, ...
By Our Special Correspondent in New Delhi

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Business  /  Published 13.04.21

Steel prices to rise again

Steel makers are set to raise the prices of hot-rolled coils which are trading at a discount of Rs 5,000 to the import parity price,  analysts said . “Indian mills have raised flat steel p...
By Our Special Correspondent in New Delhi

India  /  Published 22.02.21

From steel plants’ dumpsites to greenbelt

Using traditional Indian organic components and Japanese afforestation techniques researchers at Indian Institute of Technology (IIT) Kharagpur have transformed Odisha’s steel plants’ dump...
By Our Bureau and Agencies in New Delhi

Business  /  Published 10.01.21

Chhattisgarh boosts business climate

Chhattisgarh has signed 104 agreements in the last two years to set up industries at a capital investment of more than Rs 42,000 crore. These industries will generate more than 64,000 new jobs in the...
By Our Bureau in Raipur

Business  /  Published 10.01.21

Open offer for Vedanta Ltd

After a failed delisting attempt last year, Vedanta Resources, the parent of Vedanta Ltd, is coming out with an open offer to acquire 10 per cent of its equity. If the open offer is successful, the ho...
By Our Special Correspondent in Mumbai

Business  /  Published 06.01.21

Uttam Galva Metallics buyout done

Distressed asset managers Nithia Capital and CarVal Investors on Tuesday announced the completion of their Rs 2,000-crore acquisition of Uttam Galva Metallics and Uttam Value Steel. The acquisition w...
By PTI in Mumbai


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