Automakers said they won't be able to get approval for at least 20% of the total auto grade steel they import
2 min read10 Jan 2019As the Trump tariff order prompts concern about a trade war, Anand Mahindra was quick to highlight India's position as the world's fastest-growing major economy, one heavily focused on domestic consumption
1 min read9 Mar 2018While the push for infrastructure will be the main driver for rising demand, the govt is also seeking to boost steel’s use in structures including pipes for drinking water
2 min read11 Oct 2017Indian steel mills are in a good position as their realizations have improved and consumption is trending up
2 min read18 Sep 2017In other news, Apollo Hospitals plans to ramp up occupancies and work towards improving operational efficiency over the next three years
2 min read16 Jun 2017India is seen as a 'bright spot' for the global steel production growth on account of the govt's push to augment capacity and demand from the construction, automotive and infra sectors
1 min read8 Jun 2017Steel Association says India has become net exporter of steel this year and the trend is expected to continue as the metal's quality has become globally competitive
2 min read28 May 2017If both dealers and companies have stocked up on inventory and demand is not robust, things may get tougher
2 min read10 Jan 2017Total steel imports for February fall 7.3% and India's total steel production for the month was lower by 0.9% from a year ago
1 min read7 Mar 2016Domestic consumption during July alone was at 6.9 million tonnes, up 0.3% from a year ago
1 min read12 Aug 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared