Metal News & Events

  • AP govt assures Vizag Steel of adequate water supply
    11 Feb 2016 Steel

    The Andhra Pradesh government has given an assurance to the Visakhapatnam Steel Plant management that it would extend all possible help to tide over the water crisis faced by the plant, according to a pres

  • 12 firms vie for Odisha's huge iron ore block
    11 Feb 2016 Steel

    A dozen companies are in the race to gain mining rights over a huge iron ore block offered for auction by the Odisha government.

    Odisha kicked off the mineral block auction process in December las

  • Anglo American share rally dies as iron ore arm reports slump in profits
    11 Feb 2016 Steel

    Anglo American’s share price rally has come to an abrupt end after its iron ore subsidiary reported a steep fall in profits.

    Kumba Iron Ore, which is 70pc owned by Anglo, has been hammered b

  • JSW crude steel output drops 17% in January NEW DELHI:
    10 Feb 2016 Steel

    JSW Steel today reported a 17.23 per cent decline in output for January to 9.27 lakh tonnes due to shutdown of three blast furnaces at different locations. The planned shutdowns have been done to enhance c

  • MIP good for steel sector, but more needed from Union Budget 2016-17
    10 Feb 2016 Steel

    The government has kept its promise to stand by the steel industry, facing th

  • European steel industry to attend landmark steel march in Brussels against MES for China
    10 Feb 2016 Steel

    ...More

  • Anglo's Kumba to Cut Output on Muted Iron-Ore Price Forecast
    10 Feb 2016 Steel

    ...More

  • Traders Are Bullish NMDC Limited After Today’s Gap Up
    10 Feb 2016 Steel

    ...More

  • Odisha eyes 70 million tonne of iron ore production in 2015¬ 16
    10 Feb 2016 Steel

    ...More

  • Steel industry to seek anti-dumping duty
    09 Feb 2016 Steel

    While there are some obvious benefits for domestic steel producers following the imposition of a minimum import price (MIP) on steel, the industry seems to have a bigger plan as it prepares to file fo

    ...More
  • Steel prices will need to be hiked in progressive manner: Ravi Uppal, JSPL
    09 Feb 2016 Steel

    The news is out in the open. Every brokerage has done numbers on how steel companies would benefit and which steel company would benefit the most. But brokerages are not sure how much steel companies can r

    ...More
  • British steel sector 'at risk of impending collapse’
    09 Feb 2016 Steel

    ...More

  • India's steel imports dip 8.7% in Jan, up 24% in Apr-Jan
    09 Feb 2016 Steel

    India's steel imports dipped by 8.7 per cent last month but was up 24.1 per cent for the April-January period of the ongoing financial year.

    The development comes in the w

    ...More
  • Give financial package to steel sector; form body like PFC:ICC
    09 Feb 2016 Steel

    Faced with a difficult business environment in global as well as domestic market, including cheap imports, the steel sector has sought a financial package from the government, industry body ICC h

    ...More
  • JSW Steel: Better placed in weak environment
    09 Feb 2016 Steel

    At a time when all domestic metal players are under pressure, JSW Steel continues to show resilience on the bourses. The stock hit a 52-week high of Rs 1,126 on January 27 before results, and has

    ...More
  • Iron ore the outperformer of 2016 ... for now
    09 Feb 2016 Steel

    Iron ore is the surprise outperformer of the year after temporary supply disruptions from Australia and Brazil sent the metal back over the $US45-a-tonne mark – although it may not stay the

    ...More
  • Government imposes minimum import price on 173 steel items
    08 Feb 2016 Steel

    ...More

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