Jindal Steel & Power Ltd (JSPL) posts 36% rise in domestic crude steel production in Q1

Private steel maker JSPL today reported a 36 percent rise in the domestic crude steel production to 1.23 million tonnes (MT) for the quarter ended June 30. The company had clocked production of 0.90 million tonnes in the year-ago period.

Wednesday, July 4, 2018

Tata Steel to nearly double its capacity in India after ThyssenKrupp deal, says N Chandrasekaran

Chandrasekaran, who is also the chairman of the salt-to-software conglomerate Tata Group, says Tata Steel aims to increase its capacity in India from 13 million tonnes per annum currently to 25 million tonnes.

Wednesday, July 4, 2018

India's JSW Steel to hike Vijayanagar steel output to 13 mil mt/yr by 2020

India's JSW Steel said Wednesday that it plans to raise the steel production capacity of JSW Vijayanagar Works in Karnataka to 13 million mt/year by March 2020.

Monday, July 2, 2018

ArcelorMittal's Luxembourg headquarters to consume 6,000 tonnes of steel

ArcelorMittal will use 6,000 tonnes of steel to build its glass and steel headquarters at Luxembourg, a company official said.

Monday, June 11, 2018

India's crude steel output up 6% at 8.7 MT in April

India's crude steel output in April 2018 increased 5.6 per cent to 8.7 million tonne (MT) as compared to the year-ago month, the World Steel Association has said.

Tuesday, June 5, 2018

Tata Steel's deliveries up 10.7% in FY18 against market average of 8%

Tata Steel outpaced the industry average in crude steel supplies in FY18, clocking deliveries of 12.5 million tonnes of crude steel. The steelmaker registered 10.7 per cent growth in sales, bettering the market average of 7.9 per cent.

Tuesday, June 5, 2018

Nucor Reports Results for First Quarter of 2018

Nucor Corporation (NYSE: NUE) announced today consolidated net earnings of $354.2 million, or $1.10 per diluted share, for the first quarter of 2018. By comparison, Nucor reported consolidated net earnings of $383.9 million, or $1.20 per diluted share, for the...

Thursday, May 3, 2018

US unilateral tariffs threaten multilateral trading system

[Ferro-Alloys.com] GENEVA - Unilateral moves by the United States to repeatedly impose steep tariffs on imports jeopardizes the global trading system, warned trade experts and officials.

Monday, March 26, 2018
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