Steel Insights Magazine - June 2019
Steel Insights Magazine - June 2019
Go Unlimited with Magzter GOLD
Read Steel Insights along with 8,500+ other magazines & newspapers with just one subscription View catalog
1 Month $9.99
Subscribe only to Steel Insights
1 Year$83.88 $59.99
In this issue
NDA 2.0: Need for a Steely Resolve
What are the major challenges ahead for the new government? An in-depth look.
• Domestic iron ore supply to shrink in a year’s time
• CARE cuts FY20 steel production growth estimate by half
• Global crude steel output up 1% in April
• Linde sees revival in demand from new steel capacities
Plus regular features, corporate, logistics, international news & price analyses
Needed: A Steely Resolve
The new National Democratic Alliance government is faced with some unique challenges emanating from the economy, the steel sector included.
India April Crude Output Up 1.5% Y-O-Y, Down 6.7% M-O-M
India’s April crude steel production was 8.785 million tons (mt), a growth of 1.5 percent over same period of last year and a decline of 6.7 percent over March 2019, provisional steel ministry data showed.
India Narrowing Gap With World Leader China On Steel Sector Jobs: Study
India ranks next only to China to profit from jobs supported or facilitated by the steel industry.
Bumpy Ride For Motown Continues
After starting off the new fiscal (2019-20) on a very low note, leading automakers posted degrowth in sales in May 2019 as well, owing to sluggish demand due to high finance cost and liquidity constraints.
Domestic iron ore supply to shrink in a year's time
Beyond the current supply crunch of iron ore in global market, domestic supply situation is likely to shrink significantly in a year’s time.
Firm Iron Ore Prices Raise Hopes Of Export Revival
The rise of international iron ore prices to over $105 per ton, the highest in five years, has kindled hopes of revival in exports of lower grade iron ore from India, industry sources said.
Seaborne Coking Coal Offers Remain Range-Bound In May
Seaborne coking coal offers moved in a narrow range in May 2019 amid uncertainties in demand for premium material from China and some bookings from India, industry sources said.
Care Cuts FY20 Steel Production Growth Estimate By Half
Rating agency CARE has cut its steel industry production target set in February by half, from a range of 6-8 percent to 3-4 percent.
Traffic Handled By Major Ports Up 5.6% In April
The 12 major Indian ports handled 60.074 million tons (mt) of total traffic during April 2019, about 5.65 percent higher than 56.860 mt recorded for April 2018, according to data released by the Indian Ports Association (IPA).
Sail Keen On JV For Auto Grade Steel
State-run Steel Authority of India Limited (SAIL) is in talks with Japanese and Korean steel-makers for a possible joint venture to manufacture auto-grade steel.
Steel Insights Magazine Description:
Publisher: mjunction services ltd
Steel Insights is India's premier and widely read monthly magazine on steel and metallurgical industry published by mjunction services ltd (A JV of Tata Steel and SAIL).It delves into the various facets of the domestic and global steel industry, such as market fundamentals, raw material price trends, price forecasts, upcoming projects, corporate updates and international trade and logistics issues.It also includes an incisive analysis of news on steel and allied industries, as well as expert opinions on relevant topics and interviews of industry stalwarts on a regular basis.
Also includes daily news headlines & daily newsletter on Steel Industry
Cancel Anytime [ No Commitments ]