In this issue

Indian steel: realigning to new normal
Experts deliberate over issues and challenges facing steel during the Indian Steel Markets Conference 2021

Also read:
• Words of wisdom from speakers at the conference
• Digitalisation to transform steel market
• Organised quality scrap generation a necessity
• Consumption of special steel in automobiles poised for growth
• Marginal iron ore mines helping price discovery

Read Steel Insights March 2021 issue and get a complete insight into the Indian steel value chain...!

Indian steel: realigning to new normal

The Indian steel sector is passing through a crucial juncture. It looks up to a new beginning by realigning its priorities as India awaits the end of the Covid pandemic.

10+ mins

Digitalisation To Transform Steel Market

After going through three industrial revolutions that brought significant technological developments over a period of more than rwo centuries, the world is currently witnessing the fourth Industrial revolution, which is technology adoption by the world’s factories at a whole new level.

7 mins

Consumption of special steel in automobiles poised for growth

The Indian automotive and other sectors that consume special steel (alloy steel) are poised for good demand and growth, thanks to a proactive Budget and increasing economic activity, Sridhar Krishnamoorthy, Managing Director, Arjas Steel, said.

5 mins

January crude steel production up 7.6% y-o-y

India’s crude steel production stood at 10.014 million tons (mt) in January 2021, up 7.6 percent over January 2020 and was down by 1.9 percent over December 2020, provisional steel ministry data showed.

2 mins

Steel sees headwinds in rising stocks: India Ratings

Domestic hot-rolled coil (HRC) prices have corrected by 3 percent in mid-February to ₹53,750 a ton due to rising inventories with traders who are reluctant to procure steel at the high price levels since they have sufficient inventories, a slight moderation in demand from auto and pipe makers and a disparity between the mill price and trade price, a report by India Ratings has said.

5 mins

Car sales northbound in February

Indian auto sector seems to be in a growth drive, with passenger car sales clocking growth for the seventh month in succession.

5 mins

Seaborne coking coal offers ease in February

Seaborne coking coal offers staged adecline in February as new deals weresealed at lower prices, industry sources said.

2 mins

Traffic handled by major ports down 7% till January

12 major ports handled 542 mt of total traffic in April-January 2021, lower by 7% than 586 mt recorded for the corresponding period of last year, according to data released by the Indian Ports Association.

1 min

Railways' iron-ore handling down in April-January

Railways during April-January transported 127 mt of iron-ore, down 0.7% y-oy. Revenue earnings from iron ore stood at ₹10,135.05 crore.

1 min

Global Crude Steel Output Up 1.27% In January

China manufactured 90.2 mt in January, increase of 6.8% over last year and India’s production was up by 7.6% on year to 10 mt.

1 min

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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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