A new value added product for the construction industry is to come from Tata Steel. It is called as 'Ground Granulated BF Slag' (GGBS). Tata Steel has planned to introduce the product very soon in the country, say media reports. GGBS has been widely used in developed economies for years and of late was also getting used in major construction projects in India, a company release said.
Rise in coking coal prices and the increase in rail freight tariff may prompt steel makers in the country to hike prices of flat and long steel products, reports indicate. The transportation cost for the steel makers rose by Rs 60 per tonne because of the hike in rail freight from this mont
Uttam Galva Steels has reportedly witnessed recovery in the sale of its products in the European and US markets. The company, which is an associate of ArcelorMittal, realised 40 per cent of its Rs 5,475 crore total turnover from exports in the last financial year. ArcelorMittal holds 34.42 per cent stake in the firm.The firm
In order to cater to the varied demands of market and also to raise sales, Union Steel Minister Beni Prasad Verma asked steel companies to innovate and manufacture products that can be used in households. The minister said this after inaugurating the steel pavilion at the India International Trade Fare (IITF) 2012. This yearâ€™s theme for the pavilion was â€˜Skilling Indiaâ€™ which depic