India’s crude steel output stood at around 57.28 million tonnes (MT) and finished steel consumption 48.95 million tonnes (MT) in H1 FY 22, up by around 30% and 34% CPLY respectively. Looking at the investment push in FY22 by GoI,...
- October 20, 2021
Govt of Odisha has recently invited bids for the grant of 11 mineral blocks. Out of the mineral blocks put up for auction, seven are of iron ore, two iron ore & manganese blocks, one iron ore & dolomite and...
- July 28, 2021
Indian iron ore and steel industry has been going through a tough phase on tighter iron ore supplies, especially in the state of Odisha which observed the auctioning of key mining leases. The exchange of hands, logistical constraints, and the...
- January 4, 2021
Indian long steel prices are rallying with prices that have hit record-high levels. Raw material cost-push and supply constraints have resulted in sharp price hikes. How long will the price rally continue? Key points of discussions on long steel What...
- December 5, 2020
Indian flat steel prices are rallying with prices that have hit record-high levels. Raw material cost-push, pent up demand from auto & white good sales, and supply constraints have resulted in sharp price hikes. Indian mills have been cutting down...
- November 30, 2020
