E-PaperSteel Mills News
Why rising imports don’t pose a threat to steelmakers yet
Indian steel mills are in a good position as their realizations have improved and consumption is trending up
2 min read18 Sep 2017Steel mills in India reversing import woes with export push
Steel exports surged almost 78% in the 11 months to February to 6.6 million tonnes, while imports have plunged 39% to the same figure
2 min read16 Mar 2017‘Surreal Lust’ among unwanted assets in banks’ bad debt cleanup
From deodorant makers to steel mills, Indian banks are getting stuck owning assets they are finding hard to sell under a plan where they exchange soured loans for equity
3 min read19 Jul 2016Beijing begins a new era of industrial outsourcing
The lucrative business model of state-owned steel mills is slowly dying and one popular option seems to bid China goodbye
4 min read30 Dec 2014Coal India bets on steel mills to boost profit
Coal India will raise output of metallurgical variety to boost earnings to counter discounted sales to power utilities
4 min read5 Nov 2013Paucity of demand hits Jalna steel mills
With the twin problem of increasing costs and shrinking demand, the mills can afford to run just a single shift a day
6 min read16 Aug 2013Jalna steel mills in trouble
The steel mills in Jalna, Maharashtra, that once operated throughout the day, seven days a week, are down to a single shift a day on account of the twin problems of an economic slowdown and falling rupee
16 Aug 2013Steel mills push exports through discounts
Discounts pegged at 2-3%, more on bulk sales, and mainly on steel used in white goods, construction, electrical applications
3 min read29 Apr 2013China deepens probe into US steel subsidies
China deepens probe into US steel subsidies
1 min read20 Aug 2009Popular Topics
Budget
The 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