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Steel’s Comeback Kid - Essar Steel springs a surprise with Q1 numbers. But what factors are driving this comeback?. Also read: ● Govt extends MIP on 66 steel products; duty ranges between US$341 - US$752 per ton; effective till Oct 4. ● Post-monsoon, prices of sponge iron are expected to rise, says D P Deshpande, MD, Tata Sponge. ● India sets up another committee to review iron ore pricing. ● Wadhawan Port ideally located for Ro-Ro traffic. ● Steel Industry owes `300,000 crore to banks. ● Plus regular features, corporate, logistics and international news & analyses.

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