Steel Production

Thursday, Apr 25, 2024 | Last Update : 03:50 PM IST

Tata Steel sales fall 23 pc to 5.28 MT in Apr-Jun qtr; output down 28.49 pc. (PTI Photo)

Tata Steel sales fall by 23% in Apr-Jun quarter; output down by 28.49%

Tata Steel's India sales were at 2.92 MT, down from 3.96 MT in the year-ago period, while the production volume fell to 2.99 MT from 4.5 MT

09 Jul 2020 1:19 PM

Asia produced 1,341.6 MT of crude steel in 2019, an increase of 5.7 per cent compared to 2018.

India's crude steel output rises 1.8 pc to 111.2 MT in 2019: report

The country's crude steel production was at 109.3 MT in 2018, the global body said in its latest report.

28 Jan 2020 11:58 AM

SSAB is a highly-specialised global steel company that develops high-strength steels and provides services for better performance and sustainability.

SSAB is crafting a global niche in high strength steel market

SSAB’s steels and services help to make end products lighter, stronger and more sustainable.

06 Dec 2019 10:33 AM

The ideal debt to equity ratio for capital intensive and long gestation period sectors like power & steel is 2:1. The Indian steel sector debt to equity ratio is presently less than 2:1, Steel Minister Dharmendra Pradhan said on Wednesday. (Photo: File)

Crude steel production capacity on increase in country

The capacity for domestic crude steel production expanded to 142.24 million tonnes in 2018-19, said Minister Dharmendra Pradhan.

27 Nov 2019 3:12 PM

We are revising down our 2019 global steel price forecast from an average of USD 650/tonne to USD 600/tonne, Fitch Solutions Macro Research said in a statement. (Photo: File)

Fitch Solutions lowers 2019 global steel price forecast

In the long term, Fitch Solutions maintains its view that prices will ease and embark on a multi-year declining track.

03 Sep 2019 12:46 PM

JSPL has significant presence in core infrastructure sectors including steel, power, mining and infrastructure.

JSPL produces 1.51 million tonnes steel in Q4; sales at 1.45 million tonnes

JSPL reports its highest ever domestic quarterly steel production and sales in Q4 financial year 2018-19.

16 Apr 2019 1:35 PM

During 2018-19, JSW Steel's output of flat rolled products stood at 11.74 MT, up 3 per cent from 11.44 MT in the previous fiscal.

JSW Steel's crude steel output grew 3 pc to 16.69 million tonne in FY19

The company had produced 16.27 MT of crude steel in the 2017-18 fiscal.

09 Apr 2019 12:28 PM

During January 2019, the company said, its output of flat rolled products was at 10.40 lakh tonne, up 3 per cent from 10.13 lakh tonne in the year-ago month.

JSW Steel crude steel output drops marginally to 14.53 lakh tonne

The production of long rolled products at 3.44 lakh tonne was lower as against 3.68 lakh tonne in January 2018.

13 Feb 2019 2:23 PM

The price of steel in India dropped by an average of more than 10 per cent between October and December.

Indian steel firms seek higher duties on steel imports as prices drop

Imports of various grades of steel into India rose by around 8 per cent in the April-December 2018 period.

06 Feb 2019 10:41 AM

Global crude steel production reached 1,808.6 MT for the year 2018 from 1,729.8 MT in 2017, a rise of 4.6 per cent.

India replaces Japan as 2nd top steel producer: worldsteel

India's crude steel production in 2018 was at 106.5 MT, up by 4.9 per cent from 101.5 MT in 2017.

28 Jan 2019 12:45 PM

The company also registered 34.1 per cent growth in the output of its long rolled products at 3.46 lakh tonne.

JSW Steel crude steel output grows 8 per cent in Oct

The Sajjan Jindal-led company had produced 13.43 lakh tonne crude steel in October 2017.

08 Nov 2018 1:27 PM

Singh asked the industry to stress on research and innovation to become world leader in steel sector.

Centre to examine allegation of low quality steel: Minister

National Steel Policy 2017 is aimed at achieving 300 million tonnes steel production by 2030-31.

03 Nov 2018 11:48 AM

In the three months to end-June, India became a net steel importer for the first time in two years, with foreign supplies reaching 2.1 million tonnes.

India considers raising import duty on steel to support rupee: reports

Steel ministry has proposed increasing import duty on some steel products to 15 pc from from 5 per cent to 12.5 per cent.

19 Sep 2018 11:13 AM

With 12.48 million tonne (MT) production, Tata Steel India has recorded highest ever output for the fiscal 2017-18.

Tata Steel India posts highest ever output at 12.48 MT in FY18

It is mainly on the back of robust performance at Kalinganagar plant.

15 Apr 2018 7:28 PM

Tata Steel reports lower sales, production in March quarter

Tata Steel on Friday reported a 6.23 per cent decline in domestic sales at 3.01 million tonnes.

13 Apr 2018 5:57 PM

Company is aiming to surpass all its performance records with every passing quarter of FY 2018-19 by achieving 85 per cent plus capacity utilisation.

JSPL posts record crude steel production in March

Production during Jan-Mar was 38 per cent higher from 1.26 MT company produced in the year-ago quarter.

09 Apr 2018 1:46 PM

India has overtaken the US to become the world's third largest steel producer and the country is now looking to bag the second spot from Japan.

India's crude steel production rises 6.2 per cent to 101.4 MT in 2017

Global steel production reached 1,691.2 million tonnes for year 2017, up by 5.3 per cent.

29 Jan 2018 2:26 PM

In December alone, the country produced 8.65 million tonnes as against 8.38 million tonnes in the same month a year ago.

India' crude steel output hits record 100 million tonnes in 2017

Cabinet gave nod to a new policy that aims to achieve steel making capacity of 300 million tonnes by 2030.

11 Jan 2018 4:20 PM

The company registered sales of 3.3 million tonnes in Q3 FY18.

Tata Steel's Q3 saleable steel output dips 1.2 pc to 3.24 MT

Tata Steel Group has an annual crude steel capacity of 27.5 million tonnes per annum as on March 31, 2017.

06 Jan 2018 10:16 AM

Shares of the company ended 0.55 per cent up at Rs 263.15 on BSE.

JSW Steel's Oct crude steel output up marginally at 13.43 lakh tonnes

Production of long rolled products fell by 8 per cent to 2.58 lakh tonnes from 2.79 lakh tonnes.

09 Nov 2017 6:53 PM

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Dilip Cherian