In this issue

The ‘Long way’ forward
With government focusing on infrastructure development, long products are up for quantum growth.

Also read:
• Steel ministry comes up with draft steel scrap policy
• Expert Speak: SAIL’s flat product portfolio and expansion program for FY31
• India to turn net steel exporter in 2 years: Care Ratings
• Union Budget: Infrastructure, housing and EVs key focus
• Next round of Stressed asset sale could see lower recovery rates

Plus regular features, corporate, logistics, international news & price analyses

The ‘Long' Way Forward

Finished steel production and consumption is divided into two broad categories - long and flat products. In addition to these two prime segments, finished steel output and consumption also includes alloy steel. Among these product segments, long steel products accounts for the largest share in country’s total finished steel production.

10+ mins

Demand Distress Hits Car Sales In June

Demand distress seems to be plaguing car sales for the third consecutive month of the current fiscal. Owing to weak consumer sentiments across all segments in June 2019 both in the urban and rural regions most leading car makers saw dip in year-on-year sales figures. In fact, inventory pile up owing to the dearth in demand has forced OEMs to schedule plant shutdowns and production cuts in May and June.

5 mins

Steel Ministry Comes Up With Draft Steel Scrap Policy

The government has come out with draft steel scrap policy, which is aimed at curtailing import dependency and make India self-sufficient by producing high-quality ferrous scrap.

8 mins

Next Round Of Assets Sale Could See Lower Recovery Rates: CRISIL

Stressed steel assets: Less bang for buck ahead

4 mins

Indian Iron Ore Imports Shoot Up 80% In Fy19, Exports Plunge By Almost Half

The country’s= iron ore imports are steadily closing in on exports, trends in the past three years show.

4 mins

Demand For Logistics, Warehousing Space Outstrips Supply

Structural reforms including the awarding of infrastructure status and the implementation of Goods and Services Act, have bolstered the demand for logistics and warehousing space in the country.

4 mins

India To Turn Net Steel Exporter In Two Years: Care Ratings

Over the past decade, domestic steel industry has grown at CAGR of 7 percent against global average of 3 percent with China growing by 6 percent.

5 mins

Infrastructure, Housing And EVs Key Focus Of Union Budget

With an aim to become a $5-trillion economy in the next few years, the Union Budget 2019-20 has stressed upon the need for heavy investment in infrastructure, housing, digital economy and job creation in small and medium firms.

6 mins

Mining Sector @75: The Way Ahead For Iron Ore Mining And Steel Industry

On August 15 of 2022, independent India will turn 75. India is on the cusp of a major transformation. India’s youthful and aspiring population deserves double-digit economic growth, jobs and prosperity to all.

10 mins

Electrosteel Steel Eyes 10 Million Tons Capacity

Electrosteel Steel, now owned by the Vedanta Group, is raising its capacity to 1.7 million tons (mt) by March from 1.5 mt now through debottlenecking process, company’s deputy chief executive officer Pankaj Malhan said.

4 mins

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Steel Insights Magazine Description:

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.

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