News

Courts and banks should expedite the resolution process of Essar Steel, which has been going on for more than 20 months,

India’s steel consumption is expected to grow by 5%-6% this year

Steel continues to be the go to material for the construction industry and new age innovations are ensuring that buildings are getting both better and more safe

Indian steel sector is progressing towards a quality control regime with India becoming the second top global producer.

The steel sector has provided an impetus to the IBC with four large corporate debtors having already completed the corporate insolvency resolution process (CIRP) yielding a resolution plan.

Premium Transmission, one of the leading players in industrial gearboxes, geared motors and fluid coupling market of India, is opening a new Development Centre in Kolkata.

Calender year 2018 has been very good for the Indian steel industry. Demand went up by nearly 6% and the production went up nearly 7.5%, Ravi Uppal, Former MD & CEO, JSPL

India has replaced Japan as world's second largest steel producing country, while China is the largest producer of crude steel accounting for more than 51 per cent of production, according to World Steel Association (worldsteel).

Company plans to ramp up its production to 25 million tonnes per annum by 2025, and increase the Kalainganagar plant capacity to 8 million tonnes .

Steel maker Jindal Steel and Power LtdNSE -3.16 % (JSPL) Tuesday named Naushad Akhter Ansari as the Joint Managing Director