South Asia Steel Sector News

Bombay HC stays Nusli Wadia defamation plea hearing against Ratan ...
Sun, 17 Mar 2019 08:55:05 GMT
The Bombay HC on Monday stayed till March 27 the proceedings before a magistrate court in a 2016 criminal defamation case filed by Nusli Wadia against Ratan Tata and some other directors of Tata


Light Gauge Steel Framing Market Predicted $43.65 Billion By ...
Fri, 15 Mar 2019 10:24:00 GMT
However, it is also notable that there have been more and more projects using light gauge steel in developing countries such as India, China, Brazil and many Middle Eastern countries too. At the


Exclusive: Thyssen, Tata on collision course with Europe over ...
Thu, 07 Mar 2019 18:22:04 GMT
By Maytaal Angel, Christoph Steitz and Tom Kckenhoff xxx Reuters - Thyssenkrupp (DE:TKAG) and Tata Steel will not go very far in concessions to gain approval for a


Thyssenkrupp, Tata Steel on collision course with Europe over ...
Thu, 07 Mar 2019 00:00:00 GMT
While Thyssenkrupp and Tata Steel are working on a remedy package, they are unlikely to make far-reaching concessions, three people familiar with the matter


Industry survival depends on government protection
Mon, 04 Mar 2019 00:00:00 GMT
In steel terminology, long products refer to bars ... There is one company in Lahore that is supposed to have bought a second-hand Chinese rolling mill under the name of Hadeed Pakistan. Also,


Steel Fiber Market worth $2.5 billion by 2023 illuminated by ...
Tue, 26 Feb 2019 13:42:00 GMT
There are many large steel fiber manufacturers in the APAC region, such as Stewols India (India), Hunan Sunshine Steel Fiber (China), and Yuthian Zhitai Steel Fiber Manufacturing (China)). The demand


Production cut by Vale to benefit Indian iron ore and steel producers ...
Thu, 21 Feb 2019 21:08:00 GMT
The recent revocation of the mining licence of Vale SA for the Brucutu mine in Brazil will be favourable for domestic iron ore miners and steel producers in the short term, believes India Ratings


Buy Tata Steel: Realisations to take a hit in the next quarter
Mon, 18 Feb 2019 11:22:00 GMT
Current prices: Globally, steel prices increased by $40/t recently after production disruption on Vales dam collapse in Brazil. From February, Indian companies increased steel prices by 300-700/t;


Government to examine steel players' demand for MIP on steel: ...
Sun, 17 Feb 2019 00:00:00 GMT
In a meeting on February 6, major steel players, including SAIL and JSW Steel, requested the steel ministry to impose an MIP on all steel


Steel Ministry participates in Safeguard inquiry in Canada
Tue, 12 Feb 2019 03:45:00 GMT
Since Indian exporters have a huge stake in two product categories, namely SSW and ETP, Ministry of Steel decided to participate in the inquiry. Governments of Korea, Thailand, Mexico, Romania and


Tata Steel reports consolidated financial results for the quarter ...
Fri, 08 Feb 2019 00:00:00 GMT
Tata Steel reports consolidated financial results for the quarter and nine month ended December 31,


NCLAT turns down Tata's plea to bid for Bhushan Power and Steel
Mon, 04 Feb 2019 00:00:00 GMT
The asset has been hotly contested with JSW submitting a bid higher than that of Tata's and Liberty House much later in the


India's Steel Production Growing at the Fastest Rate
Tue, 29 Jan 2019 00:00:00 GMT
Over the last 6-year period, India's steel production grew at a CAGR of 6%. Countries such as Germany and Japan registered negative growth. Growth has been flat in USA, South Korea, Russia, and Brazil


Tata Steel subsidiary signs pacts with China's HBIS Group
Mon, 28 Jan 2019 12:33:00 GMT
Tata Steel also said the consideration received from such sale would be $327 million and equity stake of 30 per cent in the entity held by HBIS Group and TSGH on 70-30 basis. The Chinese group was


SAIL focusing on ramping up production to improve productivity ...
Fri, 25 Jan 2019 00:00:00 GMT
Over the last three-and-half years, SAIL has managed to lower its employee expenses by nearly 10% even as it continues to remain top among its


Stainless Steel 3D Printing Market Driven by Growing Number of ...
Wed, 23 Jan 2019 21:21:00 GMT
Stainless steel is among the most preferred materials for metal 3D ... developed countries such as the U.S. and Germany and developing countries such as India, Brazil, South Korea, and China.


ArcelorMittal's Essar bid delays planned JV with SAIL: Minister
Wed, 23 Jan 2019 00:00:00 GMT
India's biggest state-owned steel company SAIL and billionaire Lakshmi Mittal-controlled ArcelorMittal signed a deal in May 2015 to set up a steel plant to produce automotive grade steel. However, no timetable has ever been set


SBI's plan to sale Essar Steel loans face uncertainty
Wed, 23 Jan 2019 00:00:00 GMT
State Bank of Indias effort to sale Essar loans face uncertainty, after the NCLAT directed the Ahmedabad bench of NCLT to pass an order on the insolvency resolution plan submitted by Essar Steel by January


JSW chairman Sajjan Jindal's remarks on Essar Steel draw ArcelorMittal's ...
Wed, 23 Jan 2019 00:00:00 GMT
JSW Steel had bid for the 10-MT Essar Steel along with Numetal, when the asset was thrown open for the second round of


Tata Steel announces vision to combat growing housing crisis ...
Tue, 22 Jan 2019 00:00:00 GMT
At Tata Steel, we regard this not only as a business opportunity, but believe it is our duty to work on sustainable solutions and play a beneficial role within the society we operate


Number of news reports: 20