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TMT Rebar Report to be launched on 10th February 2023 in Delhi

TMT Rebar Report to be launched on 10th February 2023 in Delhi

The Ministry of Steel vide a notification dated May 12, 2016, has stated that no steel producer would be classified as an integrated, primary or secondary producer. The Ministry of Steel vide a notification dated May 12, 2016, has stated that no steel producer would be classified as an integrated, primary or secondary producer. According...

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Steely growth

Steely growth

India is putting in place measures to fast-track economic growth. Core industries like steel will play a substantial part in this growth if the next decade has to really belong to India.

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India consumes marginally less steel during Apr-May

India consumes marginally less steel during Apr-May

During April-May 2013, India consumed 11.69 million tonne (mn t) steel, a 0.8 per cent decline from 11.78 mn t steel consumed in the year-ago period. Data released by Joint Plant Committee, a body under the steel ministry shows. During the period, steel production grew 3.1 per cent to 13.03 mn t, led by higher output by SAIL and Tata Stee

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India consumes 3.5% more steel in April

India consumes 3.5% more steel in April

Data from Joint Plant Committee (JPC), an arm of the union steel ministry, shows that the country's steel consumption grew 3.5 percent to 5.6 million tonne (mn t) in April 2013 from 5.4 mn t in the same month. Steel consumption in April 2013 is slightly more than the average 3.3 percent growth in 2012-13. The Indian economy consumed 73.3 mn t steel in the previous fiscal compared to 71 mn t in 2011

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Finished steel output rose 0.5% in Feb 2013

Finished steel output rose 0.5% in Feb 2013

Union Minister of Steel Beni Prasad Verma informed that provisional data released by Joint Plant Committee (JPC) indicates that production for sale of total finished steel increased 0.5 percent in February 2013 as compared to a growth of 4.3 percent (and not 8.7 percent) in February 2012. In a written reply in the Rajya Sabha Verma said, Steel being a deregulated sector, the role of the government is that of a facilitator providing a conducive polic