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India Steel Import: India's April-December steel imports hit five-year high as demand soars, ET Auto

India Steel Import: India s steel imports reached a five-year high, turning the country into a net importer of finished steel. Steel demand slowed down in Europe and the United States. Indian steel mills have asked for government interventions against surging imports, but the Ministry of Steel resisted curbs. ....

United States , South Korea , Tata Steel , Ministry Of Steel , India Steel Import , Tata Steel , Ministry Of Steel , India Steel , Steel Imports , Teel Consumption In India , Tv Narendran ,

India's steel import to be elevated at 6MT in FY24 on strong demand: Crisil

Global steel demand, which has been subdued since the onset of the Russia-Ukraine conflict, is expected to grow 1.6 per cent in 2023, after a sharp fall of 3.3 per cent in 2022, the global analytics company said. ....

Sehul Bhatt , Associate Director , Crisil Marketing Intelligence , Steel Sector , India Steel Industry , India Steel Import , Steel Prices ,

China was top finished steel exporter to India in April-Sept: Govt Data, ET Auto

India Steel Import: Provisional data as provided by the Government of India showed that China emerged as the top exporter of finished steel to India. India imported 2.9 million tonnes of completed steel from April to September, a 13.4% increase from the same period last year. The exported products to India include cold- rolled coil or sheets, hot-rolled coil products, plates, and pipes, among others. ....

India Steel Import , Steel Output , Steel Industry , Jsw Steel Ltd , Robert Birsel , Neha Arora , Steel Exports , Jsw Steel , China Steel Exports ,

steel: China, Vietnam's share in India's steel import basket rises during June 2023, says Official data

The share of countries like China and Vietnam in India s 4.84 LMT steel import basket during June 2023 has increased on a year-on-year (y-o-y) basis, according to official data. At 4.84 lakh metric tonne (LMT), India s overall steel import registered a 5.9 per cent increase on a month-on-month ( m-o-m) basis and 7.6 per cent over June 2022, the Ministry of Steel said. ....

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Steelmakers to pare debt worth Rs 35,000 crore by FY22

Steelmakers to pare debt worth Rs 35,000 crore by FY22
A surge in global commodity prices in the last 8 months has seen profitability of domestic steel industry hit record highs leading to reduction in debt
Sumant Banerji | March 17, 2021 | Updated 18:31 IST
Once the focal point of the NPA crisis in the country, the domestic steel industry will be able to reduce its debt by Rs 35,000 crore by fiscal 2022, rating agency CRISIL has said. A surge in global commodity prices in the last 8 months has seen profitability of domestic steel industry hit record highs leading to reduction in debt.
A partial deferral of capex in the current fiscal has also helped. Domestic demand has recovered strongly in the second half of this fiscal, growing 10 per cent between October and January versus a 30 per cent year-on-year fall in the first half. This is expected to arrest demand contraction to less than 10 per cent for the whole of this fiscal capping a stunning reversal from the ....

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