It’s reported that Indian steel giant Tata Steel announced that its sales results for the fiscal year 2012/13 ended on March 31t and the fourth quarter. In the fiscal year 2012/13, the company’s domestic sales rose by 13 ...
Tags: Tata Steel, Mineral
The Indian steel rim producer Steel Strips Wheels Ltd (SSWL) has announced that it registered net sales of INR 926 million ($17.05 million) in March, up 5.12 percent compared to the corresponding month of 2012. In terms of units sold, in ...
Tags: Metallurgy, Mineral, Energy, steel
It is learned that the current hot rolled coil price from local steelmakers is around 6%~9% lower than imported Chinese steel, which is contrary to the historical trend of a premium over international prices. According to vice president of ...
Tags: Metallurgy, Mineral, Energy, steel
Indian steel producer JSW Steel plans to import 5 million mt of iron ore annually to feed its plants in Salem and Dolvi, according to media reports. The Indian steelmaker has been struggling with iron ore shortages for 18 months, like ...
Tags: steel producer, steel, steelmaker
In February this year, Indian steel producer JSW Steel’s crude steel production increased by 11 percent compared to February 2012. JSW produced 675,000 mt of crude steel in February of the current year, compared to 609,000 mt in ...
Tags: JSW Steel, Crude Steel Output, Mineral
Reportedly, Indian Steel Authority of India Limited (SAIL) planned to invest its No.5 blast furnace at its Rourkela steelworks in the eastern state of Odisha and it expected to commission the new project by taly’s Danieli and ...
Tags: Steel Authority, Steel, steel producers
It is reported that the majority of Indian steelmakers announced to keep their hot rolled coil prices remain unchanged for March this year. India’s steelmakers considered the domestic market demand remained weak and it expected ...
Tags: HRC prices, steelmakers, steel
Indian Steel Authority of India Limited (SAIL) announced to hike the prices of all steel products by INR500/ton for March. The Chairman of SAIL said that it’s reasonable to raise steel prices as the international steel prices are ...
The Indian steel rim producer Steel Strips Wheels Ltd (SSWL) has announced that it registered net sales of INR 706 million ($12.85 million) in February, down 6.4 percent compared to the corresponding month of 2012. In terms of units sold, ...
Tags: SSWL Steel, steel wheel, wheel rim
German plantmaker SMS Siemag has announced that it has received the final acceptance from the Indian steel giant Tata Steel regarding the modernization of coiler No. 3 at its hot strip plant in IJmuiden, Netherlands. The coiler No. 3 ...
Tags: Tata Steel, hot rolled strip, Steel
The Indian steel rim producer Steel Strips Wheels Ltd (SSWL) has announced that it registered net sales of INR 754 million ($14.15 million) in January, down 7.25 percent compared to the corresponding month of 2012. In terms of units sold, ...
Indian steel giant Tata Steel said that its Jamshedpur integrated work will start to run full production in this quarter. The new capacity will increased to 9.7 million tpy from currnet 6 million tpy. The expansion was mainly in ...
Tags: Tata Steel, India, steel market
It’s reported that the Indian steel mills announced to raise the hot rolled coil (HRC) prices early this month but the prices did not rise as mills’ expected due to sluggish demand. At present, the HRC ex-factory prices ...
Tags: India, steel mills, hot rolled coil price
Recently, the prices of hot rolled coils (HRC) have remained flat at INR35, 750~INR36, 250/ton in the Indian domestic market even though the local steelmakers increased the prices. Last week, the major steel mills in India such as ...
Indian steel giant Tata Steel forecasted that its sales would rise in the fiscal year 2013/14 (during April 1st, 2013 through March 31st, 2014), stimulated by increased demand. It’s learned that steel demand from India and Europe ...
Tags: India, steel giant Tata Steel, fiscal year