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Sajjan Jindal is CW Man of the Year - Private Sector

Jindal was awarded at the 19th CONSTRUCTION WORLD Annual Awards.

India may lose second largest stainless steel producer spot to Indonesia in CY2021: ISSDA

Massive capacity build-up by Chinese stainless-steel companies in Indonesia to become operational this year | Surplus production may be targeted at Indian markets

Enhancing Production optimisation

Konecranes India is capitalising on its local and global steel industry successes to target growing demand in maintenance and production optimisation expertise to support the country's local production growth and export push.

Poor Assessment of Triggers

World Steel Association states that the global steel demand did increase by 0.2 per cent to 1,501 mt in 2016 after a contraction of -3 per cent in 2015. In 2017, it expects global steel demand to grow by 0.5 per cent and reach 1,510 mt.

Steel consumption to grow by 5%: Tata Steel

In the current fiscal, steel consumption is likely to grow by about five per cent due to the slowdown in demand from the real estate and automobile sectors, Tata Steel Managing Director HM Nerurkar has said in Delhi on September 24.

Steel output expands

The country witnessed the fastest rate of growth in steel production during March in the last three months at 6.5 per cent to 6.86 million tonne, data from the World Steel Association shows.

Steel output contracts

Data from the World Steel Association (WSA) shows that steel output in India contracted a marginal 0.5 per cent to 6.2 million tonne (mn t) in February from 6.229 mn t in the year-ago month.

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