New Delhi, July 6 (IANS) India’s production of finished steel during June this year went up to 13.8 million tonnes, which represents a 6 per cent increase over the corresponding figure of 13 million tonnes in the same month last year, according to data released by the Ministry of Steel on Monday.The country’s production of finished steel during the first quarter of the current financial year (April-June) rose by 5.9 per cent to 41 million tonnes from 38.7 million tonnes in the same quarter of …
Latest National Steel Policy News & Updates
New Delhi, June 25 (IANS) India’s production of finished steel during May this year went up to 13.8 million tonnes which represents a 6.8 per cent increase over the corresponding figure of 12.9 million tonnes in the same month last year, according to data released by the Ministry of Steel on Thursday. The country’s consumption of finished steel shot up by a robust 9.3 per cent to 14.4 million tonnes during May compared with 13.1 million tonnes in the same month last year as demand from big ticke…
New Delhi, June 4 (IANS) India’s steel sector sustained its growth trajectory in May, as crude steel production reached 14.21 million tonnes, up 2.9 per cent year-on-year, the government said on Thursday.Hot metal production grew 2.0 per cent, while pig iron output (0.77 million tonnes) posted a growth of 1.1 per cent.Finished steel production reached 13.94 million tonnes in May, up 7.7 per cent. Finished steel consumption in May was 14.33 million tonnes, registering growth of 9.0 per cent YoY…
New Delhi, May 6 (IANS) India’s steel sector sustained its growth trajectory during April with a 5.8 per cent increase in crude steel production to 14.09 million tonnes, from 13.31 million tonnes in the same month of the previous year while the domestic demand momentum stayed robust on the back of continued buoyancy across infrastructure and manufacturing, according to an official statement issued on Wednesday.Domestic steel prices also extended their recovery during the month across all major…
New Delhi, Feb 11 (IANS) Prime Minister Narendra Modi on Wednesday highlighted how carbon capture can power India’s next steel revolution as the country’s guided efforts towards Net Zero 2070 commitment, strategic investments, and hydrogen initiatives drive growth, global competitiveness, and lead the road to a Viksit Bharat.PM Modi referred to an article by Union Steel Minister H.D. Kumaraswamy about India’s iron and steel sector being at a defining moment in its development journey. As t…