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USITC Continues Duty on PC Steel Wire Strand Imports from Brazil ...
Mon, 19 Oct 2020 23:33:00 GMT
The US International Trade Commission has determined that revoking the existing antidumping and countervailing duty orders on imports of prestressed concrete steel wire strand from Brazil, India,

Tata Steel may turn a corner as subsidiarys Q2 results shows ...
Fri, 16 Oct 2020 00:00:00 GMT
After a dull June quarter, the steel sector is building up a case for a turnaround. Tata Steel could have racked up profits in Q2 after covid-19 disruption. Its subsidiary Tata Steel BSLs decent jump in volumes has seen it post a sharp recovery. And will also drive gains for the parent. Tata Steels stock inched up about 3% on Thursday on expectation that the firm will report an improvement after covid-19 roiled operations. But it has also been a quick turnaround for Tata Steel BSL. The

Govt approves demerger of Nagarnar steel plant from NMDC
Wed, 14 Oct 2020 00:00:00 GMT
State-owned NMDC, under the Ministry of Steel, is constructing the steel plant at Nagarnar in Chhattisgarh.

IndiGo, Tata Steel, State Bank likely to be in limelight today
Wed, 30 Sep 2020 23:55:06 GMT
IndiGo, Tata Steel and State Bank of India likely to be positive while Sun Pharma may be in the negative territory.

India Ratings maintains negative outlook on domestic steel sector
Wed, 30 Sep 2020 00:00:00 GMT
India Ratings and Research (Ind-Ra) has maintained a negative outlook on the steel sector and expects an operational recovery to pre-Covid-19 levels in second half of FY22, though large players could recover earlier. While the domestic demand did show initial signs of recovery in mid-Q2FY21, with the unleashing of pent-up demand, its sustenance would depend on a macroeconomic pick-up from timely government reforms and stimulus to push up domestic consumption and investment activity, said the

COVID-19 delays NMDC s Chhattisgarh steel plant commissioning ...
Tue, 29 Sep 2020 00:00:00 GMT
Experts from foreign countries, engaged in the project work, could not undertake a visit for an inspection and clearance in view of COVID-19 travel restrictions, the city- headquartered NMDC's Chairman cum Managing Director Sumit Deb

Tata Steel joins global steel organisation ResponsibleSteel
Mon, 28 Sep 2020 00:00:00 GMT
Tata Steel announced it has joined forces with global steel-making standards xxx giving customers and consumers even more confidence the company is committed to reducing greenhouse gas emissions as well as creating jobs and protecting communities. All of Tata Steels operations in 26 countries have signed up to ResponsibleSteel the industrys first globally-present standards

ISSDA webinar on digital marketing of stainless steel
Fri, 25 Sep 2020 11:55:00 GMT
The Indian Stainless Steel Development Association (ISSDA) recently organized a webinar in collaboration with Bruce Clay India on the subject of digital marketing of Stainless Steel and its

Delay in deciding BPSL case will only hurt lenders and bidder
Thu, 24 Sep 2020 00:00:00 GMT
Delays in deciding the Bhushan Power & Steel (BPSL) case will only hurt the affected lenders and the bidder, a top JSW Steel executive told ET, even as the Enforcement Directorate approached the top court against a judicial order that had approved the JSW bid for the debt-laden

Indian government prepares policy to develop steel clusters
Tue, 22 Sep 2020 00:00:00 GMT
The Indian government has prepared a draft framework policy for the development of steel clusters in the country, Manufacturing Today reported. Work on the policy, however, started sometime in late 2019 but ran into a hurdle because of the COVID-19 pandemic. Does your company have a steel buying strategy based on current steel price trends Steel clusters to generate employment, increase value-added output The idea behind setting up such clusters is twofold. First, the government wants to

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