Tuesday, December 6, 2022
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Steel Sector News

Satish Pai is new Chairman of International Aluminium Institute (IAI)

International Aluminium Institute (IAI) on Monday announced the appointment of Satish Pai as its new Chairman

Gati Shakti plan will be critical driver of growth in steel sector: Steel Minister

Ram Chandra Prasad Singh said that steel has been playing an important role in the industrial development of India, as it is a key input for critical sectors such as infrastructure, construction, engineering and packaging, automobile and defence

Sajjan Jindal becomes first Indian to be elected as WSA’s Chairman

The World Steel Association (WSA) has elected Sajjan Jindal as its Chairman for the 2021-22 period

RCP Singh urges steel PSUs to contribute towards national projects, cut cost of production

Steel Minister RCP Singh chaired a meeting with CMDs of steel PSUs to review their marketing strategies and diversification plans

After 3-year-long wait, JSW Steel acquires BPSL for Rs 19,350 cr

Bringing the Bhushan Power & Steel Ltd (BPSL) insolvency case to a resolution after a three-year-long delay, JSW Steel Ltd has closed the deal on Friday for Rs 19,350 crore

NMDC shares tank despite growth in production & sales in Q2

NMDC Limited has registered significant growth in production & sales of 13% & 14% respectively in the second quarter (Q2) over the first quarter (Q1) of the current financial year (FY 2020-21)

CARE Ratings reaffirms ‘CARE A-’ rating with stable outlook for JSHL

The long-term credit facilities of Jindal Stainless (Hisar) Limited (JSHL) have been reaffirmed at ‘CARE A-' rating with a stable outlook by CARE Ratings

Jindal Stainless reports a loss of Rs 87 crore in Q1 FY2020-21

Jindal Stainless Limited (JSL) has recorded a loss of Rs 87 crore in the first quarter of the current financial year (Q1 FY2020-21) as compared to the corresponding period of last year (CPLY) 

Jindal Stainless Ltd ties up with Maersk for logistics upgrade

Jindal Stainless Limited (JSL) and Maersk have joined hands to ease and optimise the flow of containerized exports and imports between JSL, Jajpur and Vizag Container Terminal (VCTPL)

Steel sector set to get investment of $70 billion: Pradhan

Pradhan said the country’s steel ministry is set to get an aggregate investment of $70 billion in the eastern region of the country

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