
Rake shortage hurts steel exports
With rail rakes getting diverted to serve thermal coal power plants, domestic steel companies in Odisha and Karnataka are facing outbound rail rake shortage leading to steel markets remaining

With rail rakes getting diverted to serve thermal coal power plants, domestic steel companies in Odisha and Karnataka are facing outbound rail rake shortage leading to steel markets remaining
ArcelorMittalNippon Steel India’s play in the steel market is set to get bigger. The company is busy making plans that would increase its capacity by
Domestic wholesale steel prices have seen a hike of 4.5-6.2% from the beginning of the current month. The prices doubled in the last one year.
Withdrawal of export rebates by China augurs well for Indian steel exporters and will also support buoyancy in international steel prices, ratings agency ICRA said
The Andhra Pradesh Government has selected Essar Steel as a partner for development of the proposed 3 million tonnes per annum high grade steel Kadapa

November 10, 2020: India’s exports of finished and semi-finished steel to China has risen sharply this financial year, spurred by the latter’s quick economic recovery

October 30, 2020: China was the biggest buyer of Indian steel in the first six months of the current financial year, accounting for 29% of

September 23, 2020: Indian steelmakers have turned net exporters to China during April-August for the first time in several years, owing to weak domestic demand

August 3, 2020: Following a surge in steel exports over April-June, India’s Jindal Steel and Power Ltd. (JSPL) remains committed to supplying its domestic market

With rail rakes getting diverted to serve thermal coal power
ArcelorMittalNippon Steel India’s play in the steel market is set
Withdrawal of export rebates by China augurs well for Indian
The Andhra Pradesh Government has selected Essar Steel as a

November 10, 2020: India’s exports of finished and semi-finished steel

October 30, 2020: China was the biggest buyer of Indian

September 23, 2020: Indian steelmakers have turned net exporters to

August 3, 2020: Following a surge in steel exports over