Tag: STEEL

The price of the stuff that makes everything is surging

By Eddie Spence and Megan Durisin The prices of raw materials used to make almost everything are skyrocketing, and the upward trajectory looks set to...

Rising international prices boost steel exports from India

India’s primary steelmakers have increased their share of exports in Q4 amid rising international steel prices, combined with a slight de-growth in domestic demand during...

Centre asks states to make rational use of medical oxygen, ensure no wastage | India News

NEW DELHI: The Centre on Thursday asked states to make rational use of medical oxygen and ensure there is no wastage while stressing that there...

Tata Motors optimistic about overcoming semiconductors supply constraint challenge by H2 next fiscal

Homegrown auto major is optimistic that the supply constraint of semiconductors that has impacted its commercial vehicles production will be back to normal by the...

ArcelorMittal announces $1 bn fixed cost-reduction programme; to cut 20 pc of corporate office staff

New Delhi/London: Global steel giant ArcelorMittal has announced a USD 1 billion fixed cost-reduction programme under which the company would be reducing 20 per cent...

Covid-19 impact: AMNS India’s production drops by 30%, earnings decline by 23% in Q2 2020

MUMBAI: AMNS India’s second quarter crude steel production dropped 30% to 1.2 million tonnes as against 1.7 million tonnes in the March quarter of fiscal...

Thyssenkrupp in talks with rivals over steel business: source

FRANKFURT/DUESSELDORF (Reuters) – German conglomerate Thyssenkrupp (TKAG.DE) is in talks with international rivals about consolidating its loss-making steel business, a person familiar with the matter...

EU puts anti-dumping duties on stainless steel from China, Indonesia and Taiwan

(Reuters) – The European Commission has imposed provisional anti-dumping duties on some stainless steel products from China, Indonesia and Taiwan, according to the official EU...