๐Ÿ“Ž Steel News

โ„น๏ธ Latest steel industry news.

Indiaโ€™s NMDC Limited sees 19 percent rise in iron ore output in July
5 percent year on year.7 percent year on year, the statement said.15 million mt, up 20 percent year on year, while total sales came to 14.03 million mt in July this year, a rise of 2.The miner achieved total sales of 3.

๐Ÿ”— Kolkata

๐Ÿ‡ฎ๐Ÿ‡ณ India · ๐Ÿ—“๏ธ August 08, 2023 · Steel

JSW Steel, Japan's JFE to set up JV for manufacturing of CRGO steel
JFE Steel Corporation (JFE) is also an existing shareholder in JSW Steel.New Delhi: Home-grown JSW Steel and JFE Steel Corporation of Japan have partnered to set up a joint venture (JV) company in India for manufacturing of CRGO steel.CRGO steel is a critical input for the manufacturing of transformers which is key for generation, transmission and distribution of electricity to end-users.The Japanese firm owns 15 per cent in JSW Steel." On May 22, JSW Steel and JFE had completed the joint feasibility study and had reached agreement to establish a 50:50 joint venture company to manufacture cold rolled grain oriented electrical steel products (CRGO) in India.

๐Ÿ”—PTI

๐Ÿ‡ฎ๐Ÿ‡ณ India · ๐Ÿ—“๏ธ August 08, 2023 · Steel

Indian passenger car makers report positive sales growth in July, pace of rise eases
2 percent year on year.Mahindra & Mahindraโ€™s sales came to 66,124 units in July this year, up 18 percent year on year.MG Motors Limited reported sales of 5,012 units, up 25 percent, while Tata Motors reported a one percent decline in sales to 80,633 units, year on year.The second largest passenger car manufacturer, Hyundai Motors India Limited (HMIL), reported sales of 66,701 units, up four percent year on year, while Kirloskar Toyota Motors Limited achieved sales of 21,911 units, up 11 percent year on year, marking its highest-ever monthly sales.The largest passenger car maker in terms of market share, Maruti Suzuki India Limited (MSIL), reported sales of 181,630 units in July this year, up 3.

๐Ÿ”— Kolkata

๐Ÿ‡ฎ๐Ÿ‡ณ India · ๐Ÿ—“๏ธ August 08, 2023 · Steel

Call on UK plant must be taken within next year: Tata Steel MD
The government also knows that."The final call has to be taken within the next year."The Netherlands unit is the profit leader of Tata Steel's European business.Across the sea, in the Netherlands, one of the two blast furnaces at Tata Steel's Dutch plant is undergoing maintenance, which has affected production, pulling the unit into the red in the April-June period.Narendran said the performance in the UK should improve in the latter half on expectations of better realisations and lower energy costs.

๐Ÿ”—ET Bureau

๐Ÿ‡ฎ๐Ÿ‡ณ India · ๐Ÿ—“๏ธ August 02, 2023 · Steel

John Cockerill India back in the black in Q1 FY 2023-24
12 million) during the quarter, up 434 percent over the corresponding quarter of the previous fiscal year.The company achieved total sales income of INR 2218.44 million ($27.

๐Ÿ”— Kolkata

๐Ÿ‡ฎ๐Ÿ‡ณ India · ๐Ÿ—“๏ธ August 02, 2023 · Steel

SteelonClick Logo

Y-38, Ground Floor, Loha Mandi, Block Y, Naraina Industrial Area Phase 1, Naraina, Delhi, 110028

+91-7217714976

info@steelonclick.in

Newsletter