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FerrousAs the steel industry navigates 2024, it is undergoing a significant transformation, marked by innovative advancements and shifting market dynamics. steelpricing supplychaindisruptions
FerrousChina’s steel sector is currently grappling with severe challenges, marked by a significant decline in production. globalsteelmarket
FerrousIndian steel prices have plummeted to their lowest levels in over three years, according to a recent report by consulting firm Big Mint. steelindiaprice
FerrousIt highlighted the significant impact of green technologies on India's steel industry, says Ashwini Kumar, Economic Advisor to the Ministry of Steel. greensteel
FerrousIn a move anticipated to rejuvenate India's stainless-steel industry, the Union Budget for the fiscal year 2024-25 has announced a significant reduction in import duties on stainless steel products. costofproduction basiccustomduty rawmaterials
FerrousChina, a global leader in steel production, is facing significant challenges within its domestic steel industry, including overcapacity and falling prices. chinadumpingsteel indiachinasteeltrade
FerrousIndia's steel sector will likely see an investment of close to ₹ 30,000 crore and a boost in production capacity by 25 million tonnes (MT) in five years. nationalsteelpolicy economic growth
FerrousIndia will achieve a total investment of ₹29,500 crore and an augmentation of production capacity by 25 million tonnes (MT) by the end of FY 2029, said Nagendra Nath Sinha, Secretary, Ministry of Steel. #steelministry #export
FerrousGlobal crude steel production increased by 0.5 % in June 2024 to 161.4 million tonnes (MT) compared with 160.6 MT in the corresponding period a year ago. TataMotors TechMahindra
FerrousThe Indian steel industry is seeking measures to limit rising steel imports. Jayant Acharya, CEO of JSW Steel, made this statement. JSW Steel's CEO voiced concern about how increased steel imports may affect Indian companies.
FerrousIndia's path to becoming a global steel production hub is outlined in its ambitious targets of reaching 300 MT of crude steel capacity by 2030 and 500 MT by 2047, According to a comprehensive report released by Deloitte India in collaboration with the Indian Steel Association.
FerrousGlobal pig iron output in June 2024 declined 3.7% from the previous month to 119.44 million tonnes (MT). The figure fell by 1.9% from June 2023 to June 2023, according to the World Steel Association.
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