Search result for 'crude steel'

AMNS India Begins Land Acquisition for Steel Plant in Andhra Pradesh

March 28, 2025 17:03

AMNS India has commenced land acquisition in Andhra Pradesh for its proposed steel plant, with an initial capacity of 7.3 MTPA. The project is expected to create jobs and contribute to India's...

ArcelorMittal Q4 Loss Trims to USD 390 mn; Production at 14 MT

February 6, 2025 15:03

ArcelorMittal reported a Q4 loss of USD 390 mn, down from USD 2,966 mn in 2023. Crude steel production rose to 14 MT in Q4, while full-year sales declined. The company targets USD 0.2 bn EBITDA...

Bokaro Steel Plant Expansion: Rs 20,000 Cr Investment, Capacity Hike

January 28, 2025 21:19

India's Bokaro Steel Plant gets a Rs 20,000 crore expansion, boosting capacity to 7.55 MTPA and creating thousands of jobs. The project aims to strengthen India's steel sector and contribute to...

Tata Steel Profit Drops 43.4% in Q3 2024

January 27, 2025 20:47

Tata Steel's net profit fell 43.4% to Rs 295.49 crore in Q3 2024 due to lower income. The company's consolidated income also declined. Read more.

JSW Steel Production Rises 2.3% in Q3

January 10, 2025 11:02

JSW Steel's consolidated crude steel production increased by 2.3% to 7.03 million tonnes in Q3 FY23, driven by growth in Indian operations. The company's Vijayanagar plant is ramping up production.

Tata Steel Crude Steel Production Rises 6% in Q3 FY25

January 7, 2025 22:03

Tata Steel's crude steel production increased by 6% to 5.68 million tonnes in Q3 FY25, driven by the commissioning of new blast furnaces at Kalinganagar. Deliveries in India also rose 8.4%...

ArcelorMittal SA to Close Long Steel Plants, 3,500 Jobs Affected

January 7, 2025 00:24

ArcelorMittal South Africa will shut down its long steel plants, impacting over 3,500 jobs due to weak economic conditions and competition from imports. The closure comes after failed efforts to...

Steel Industry Assessment Urged Before Safeguard Measures - GTRI

January 2, 2025 12:59

GTRI calls for a comprehensive assessment of the Indian steel industry before imposing safeguard duty, citing concerns about existing import measures' impact and technical weaknesses in the...

A-One Steels India Files for Rs 650 Crore IPO

January 1, 2025 12:31

A-One Steels India, an integrated steel manufacturer, has filed draft papers with Sebi for an IPO to raise Rs 650 crore. The IPO includes a fresh issue of shares and an Offer for Sale (OFS) by...

Steel Sector Eyes Policy Support Amid Imports & Green Steel Push - 2025

December 28, 2024 15:10

India's steel sector faces challenges from rising imports, volatile raw material prices, and the need to transition to green steel. The industry is seeking policy support to safeguard its interests...

Coal Exchange On Anvil: India Aims To Boost Output

December 27, 2024 11:00

India plans to launch a coal exchange, increase production, and promote coal gasification to meet growing demand. Coal output is expected to grow, with captive mines playing a key role. The...

SAIL Q2 Profit Down 31% to Rs 897.15 Cr - News

November 7, 2024 19:30

State-owned SAIL reported a 31% decline in net profit for the September quarter, driven by lower income and decreased sales. Crude steel output also fell slightly.

ArcelorMittal Profit Plunges 69% in Q3

November 7, 2024 15:12

ArcelorMittal's net income dropped 69% to USD 287 million in Q3 2024 due to lower steel shipments. Despite this, the company remains optimistic about the long-term outlook for steel.

JSW Steel Output Dips Slightly in October | Business News

November 5, 2024 18:29

JSW Steel's consolidated steel production fell marginally to 22.81 lakh tonnes in October, down 1% from the same period last year. Learn more about the company's performance.

JSW Steel Q2 Profit Plunges 85%, Output Rises 7% | Business News

October 25, 2024 15:43

JSW Steel's net profit in Q2 FY25 plummeted 85.43% to Rs 404 crore, impacted by lower income, while crude steel production rose 7% to 6.77 MT. The company's net debt increased due to expansion...

JSW Steel Partners for Carbon Capture in Steelmaking

October 10, 2024 19:39

JSW Steel, BHP, and Carbon Clean collaborate to deploy carbon capture technology in steelmaking to reduce emissions. This partnership aims to accelerate decarbonization efforts in the steel industry.

SAIL Authorises Board for Multi-Crore JV Deals

September 26, 2024 16:23

SAIL shareholders approved resolutions allowing the board to undertake 'material related party transactions' worth up to Rs 9,000 crore with joint ventures, including NTPC-SAIL Power Company and...

JSW Steel August Crude Steel Output Rises to 23.16 LT

September 12, 2024 10:39

JSW Steel's consolidated crude steel output in August rose marginally to 23.16 lakh tonnes (LT), up 1% year-on-year. The company's India operations produced 22.49 LT of steel, while JSW Steel USA -...

India Steel Decarbonization Policy: Roadmap & Action Plan

September 10, 2024 17:03

India's steel sector is working on a decarbonization policy to reduce greenhouse gas emissions, including a green steel taxonomy, renewable energy integration, and green hydrogen exploration.

SAIL Q1 Profit Plunges 61.51% to Rs 82 cr - Steelmaker Reports Decline

August 8, 2024 20:30

State-owned SAIL's net profit plummeted by 61.51% in the first quarter, reaching Rs 81.78 crore, primarily due to reduced income. The company's total income and sales volume also witnessed a decline.

Jindal Steel Reduces Reliance on Australian Coke

August 8, 2024 18:45

Jindal Steel and Power has cut its dependence on Australian coking coal by over 50%, diversifying its sourcing to reduce costs and improve supply chain efficiency.

Chinese Steel Imports Hurt Indian Steelmakers: Sajjan Jindal

July 26, 2024 13:12

JSW Steel Chairman Sajjan Jindal warns of rising Chinese steel imports impacting domestic margins. Indian steel industry seeks government support for a level playing field.

Green Steel: Key to Low Carbon Economy - Economic Survey

July 22, 2024 14:16

India's Economic Survey highlights the crucial role of green steel in the global shift to a low-carbon economy. Explore the challenges and opportunities for India's steel sector.

JSW Steel Crude Steel Output Remains Flat in April

May 11, 2024 16:30

JSW Steel's crude steel production remained almost flat in April at 21.21 lakh tonnes. The company's consolidated output was 21.13 lakh tonnes in April 2023.

India Steel Demand to Grow 10% in Next Few Years: Steel Secretary

May 8, 2024 12:25

India's steel demand is expected to grow at a rate of 10% over the next few years, driven by government's infrastructure focus, according to Steel Secretary Nagendra Nath Sinha.

ArcelorMittal Q1 Net Income Down 10%, Output at 14.4 MT

May 2, 2024 13:53

ArcelorMittal reported a 10% drop in net income to USD 900 million in Q1 2024, with crude steel production at 14.4 MT. The company's net debt decreased despite strategic investments.

Steel Imports Surge: Tata Steel CEO Warns of Need for Watchfulness

April 28, 2024 14:25

Tata Steel CEO T V Narendran expresses concern over rising steel imports, urging vigilance as India becomes a net importer. He calls for government intervention to address unfair imports and...

Vedanta FY25: Transformative Year with USD 3 Billion Deleveraging

April 17, 2024 15:49

Vedanta Chairman Anil Agarwal outlines ambitious plans for FY25, including USD 3 billion deleveraging, USD 7.5 billion EBITDA target, and growth across various businesses.

India's Steel Consumption Surges 13% in FY24: SteelMint

April 17, 2024 10:45

India's finished steel consumption rose 13% to 136 million tonnes in FY24, driven by strong demand from automotive and infrastructure sectors. Learn more about the steel industry's growth.

India Becomes Net Steel Importer in FY24: Imports Surge 38%

April 8, 2024 19:25

India's finished steel imports rose 38% to 8.32 MnT in FY24, making the country a net importer. Domestic steel makers are concerned about rising imports, particularly from China.

JSW Steel Reports Record Output of 26.43 MnT in FY24

April 8, 2024 11:24

JSW Steel achieved a record output of 26.43 million tonnes of crude steel in FY24, marking a 9% year-on-year growth. The company also saw strong performances in its Indian and US operations.

Tata Steel India Sales Rise 6% to 20 Mn Tonnes in FY24

April 7, 2024 15:49

Tata Steel India reports a 6% increase in deliveries to 19.90 million tonnes in FY24, driven by strong demand from retail, automotive and railway segments. The company also produced a record 20.8...

SAIL Q3 Profit Down 22%, Output Up: Steel Maker Reports Results

February 12, 2024 20:54

SAIL's net profit fell 22% to Rs 423 crore in Q3 FY24, but output rose to 4.75 MT. The company also announced an interim dividend of Re 1 per share.

ArcelorMittal Posts USD 2.966 Billion Net Loss in December Quarter

February 8, 2024 14:19

Global steel giant ArcelorMittal reported a net loss of USD 2.966 billion in the December quarter, impacted by lower steel prices. Learn more about the company's financial performance.

SAIL to Invest Rs 20,000 Cr in Bengal Steel Plant

February 5, 2024 20:55

SAIL plans to set up a four-million-tonne greenfield steel plant at its IISCO plant in West Bengal, with an investment of Rs 20,000-24,000 crore. The plant will produce high-end flat hot rolled...

Tata Steel Posts Rs 522 Cr Profit in Q3

January 24, 2024 20:34

Tata Steel reports a net profit of Rs 522.14 crore in Q3, driven by strong domestic demand despite European weakness. The company's UK operations continue to face challenges, with plans to close...

India Aims for 50% Scrap Steel by 2047: Scindia

January 24, 2024 14:50

India aims to increase scrap use in steelmaking to 50% by 2047, aiming for a greener steel sector. The move promotes recycling and reduces emissions.

ArcelorMittal to Build World's Largest Steel Plant in Gujarat

January 10, 2024 22:09

ArcelorMittal Nippon Steel India (AM/NS India) will build the world's largest single-location integrated steel plant in Gujarat, with a capacity of 24 million tonnes.

World's Largest Steel Plant in Gujarat: AM/NS India

January 10, 2024 12:00

ArcelorMittal Nippon Steel India (AM/NS India) to build the world's largest single-location integrated steel plant in Gujarat's Hazira with a capacity of 24 million tonnes by 2029.

JSW Steel's Crude Steel Output Rises 12% in Q3 FY24

January 9, 2024 13:59

JSW Steel's consolidated crude steel production increased to 6.87 million tonnes in Q3 FY24, driven by strong domestic and US operations. Learn more.

PLI 2.0 for Steel: Govt Plans, Import Concerns & Industry Outlook

December 26, 2023 11:19

India's steel sector is set for growth in 2024 with PLI 2.0, but concerns remain over imports & raw material costs. Experts predict strong demand, but industry players urge govt action.

India Steel Production Rises 11% in November: worldsteel

December 24, 2023 14:08

India's steel production increased 11.4% in November to 11.7 million tonnes, while global production reached 145.5 million tonnes. Worldsteel reports on steel production trends.

JSW Steel Production Up 11% to 22 Lakh Tonnes in November

December 11, 2023 18:56

JSW Steel reported an 11% increase in crude steel production in November 2023, reaching 22.04 lakh tonnes. The company's Indian operations saw a 7% rise in production, while its US subsidiary...

India Steel Demand to Hit 190 MT by 2030: SteelMint

November 26, 2023 10:01

India's steel demand is projected to reach 190 MT by 2030, driven by construction, infrastructure, and government initiatives. SteelMint predicts production to hit 210 MT.

Tata Steel Shares Rise After Q2 Loss | Stock News

November 2, 2023 18:11

Tata Steel shares ended higher on Thursday, rebounding from early losses after reporting a consolidated net loss of Rs 6,511.16 crore in Q2.

Tata Steel Shares Fall 2% After Q2 Loss

November 2, 2023 11:17

Tata Steel shares dropped 2% after reporting a Rs 6,511 crore net loss in the second quarter. The company's revenue and steel production also declined.

Tata Steel Reports Rs 6,511 Crore Net Loss in Q2 - PTI

November 1, 2023 22:13

Tata Steel reported a consolidated net loss of Rs 6,511.16 crore in Q2, with crude steel production falling to 7.31 MT. The company also announced plans for decarbonization projects in the UK and...

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Search result for 'crude steel'

AMNS India Begins Land Acquisition for Steel Plant in Andhra Pradesh

ArcelorMittal Q4 Loss Trims to USD 390 mn; Production at 14 MT

Bokaro Steel Plant Expansion: Rs 20,000 Cr Investment, Capacity Hike

Tata Steel Profit Drops 43.4% in Q3 2024

JSW Steel Production Rises 2.3% in Q3

Tata Steel Crude Steel Production Rises 6% in Q3 FY25

ArcelorMittal SA to Close Long Steel Plants, 3,500 Jobs Affected

Steel Industry Assessment Urged Before Safeguard Measures - GTRI

A-One Steels India Files for Rs 650 Crore IPO

Steel Sector Eyes Policy Support Amid Imports & Green Steel Push - 2025

Coal Exchange On Anvil: India Aims To Boost Output

SAIL Q2 Profit Down 31% to Rs 897.15 Cr - News

ArcelorMittal Profit Plunges 69% in Q3

JSW Steel Output Dips Slightly in October | Business News

JSW Steel Q2 Profit Plunges 85%, Output Rises 7% | Business News

JSW Steel Partners for Carbon Capture in Steelmaking

SAIL Authorises Board for Multi-Crore JV Deals

JSW Steel August Crude Steel Output Rises to 23.16 LT

India Steel Decarbonization Policy: Roadmap & Action Plan

SAIL Q1 Profit Plunges 61.51% to Rs 82 cr - Steelmaker Reports Decline

Jindal Steel Reduces Reliance on Australian Coke

Chinese Steel Imports Hurt Indian Steelmakers: Sajjan Jindal

Green Steel: Key to Low Carbon Economy - Economic Survey

JSW Steel Crude Steel Output Remains Flat in April

India Steel Demand to Grow 10% in Next Few Years: Steel Secretary

ArcelorMittal Q1 Net Income Down 10%, Output at 14.4 MT

Steel Imports Surge: Tata Steel CEO Warns of Need for Watchfulness

Vedanta FY25: Transformative Year with USD 3 Billion Deleveraging

India's Steel Consumption Surges 13% in FY24: SteelMint

India Becomes Net Steel Importer in FY24: Imports Surge 38%

JSW Steel Reports Record Output of 26.43 MnT in FY24

Tata Steel India Sales Rise 6% to 20 Mn Tonnes in FY24

SAIL Q3 Profit Down 22%, Output Up: Steel Maker Reports Results

ArcelorMittal Posts USD 2.966 Billion Net Loss in December Quarter

SAIL to Invest Rs 20,000 Cr in Bengal Steel Plant

Tata Steel Posts Rs 522 Cr Profit in Q3

India Aims for 50% Scrap Steel by 2047: Scindia

ArcelorMittal to Build World's Largest Steel Plant in Gujarat

World's Largest Steel Plant in Gujarat: AM/NS India

JSW Steel's Crude Steel Output Rises 12% in Q3 FY24

PLI 2.0 for Steel: Govt Plans, Import Concerns & Industry Outlook

India Steel Production Rises 11% in November: worldsteel

JSW Steel Production Up 11% to 22 Lakh Tonnes in November

India Steel Demand to Hit 190 MT by 2030: SteelMint

Tata Steel Shares Rise After Q2 Loss | Stock News

Tata Steel Shares Fall 2% After Q2 Loss

Tata Steel Reports Rs 6,511 Crore Net Loss in Q2 - PTI

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