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 …
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New Delhi, June 26 (IANS) India and the European Union have concluded their Free Trade Agreement as both partners seek to diversify their markets amid the global tariff turmoil and the geopolitical landscape after Donald Trump took over as US President, an article said.”As countries seek to diversify away from risky dependencies without retreating from globalisation, trade agreements are increasingly becoming instruments of strategic trust as much as market access,” the article in Modern Diploma…
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 (IANS) India’s exports of steel rose by 29.1 per cent in March 2026 compared to the same month of the previous year, while imports declined sharply by 9.5 per cent, reflecting the increasing self-reliance in the sector, according to an official statement issued on Tuesday.The positive shift underscores India’s emergence as a reliable global steel supplier. It also demonstrates the country’s improved ability to meet rising domestic demand.India’s steel production registered a ro…