In this issue

Green steel to reset industry cost structure.
A detailed look at the cost implications of high-cost green-steel production.

Also read:
• Oxygen returns to steel as case load drops
• Coking coal: Prospects in a tumultuous year
• Anglo American sees gradual demise of coking coal
• India may lose second largest stainless steel producer spot to Indonesia
• Shyam Metalics IPO to fund diversification

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

Green steel to reset industry cost structure

Steel making is responsible for around 7 percent of global emissions, emitting pollutants not only through burning of carbon but also through the chemical process involved in its manufacturing.

10+ mins

India April Crude Steel Production Up 152.1%

India’s crude steel production grew 152.1percent to 8.3 million tons (mt) in April 2021 over April 2020 but fell 19.7 percent from March 2021 level, provisional steel ministry data showed.

2 mins

Oxygen Returns To Steel As Case Load Drops

As Covid caseload drops and need for oxygen gets moderated, steel sector is now looking eagerly at resumption of normal operations.

5 mins

Seaborne coking coal offers surge in May

Seaborne coking coal offers registered steady gains in May on restocking demand from the steel mills amid firm steel prices and downstream demand.

2 mins

Iron ore market to stay firm in near term

Captive production to rise in FY22

3 mins

Second wave hurts manufacturing sector

Industrial sectors across the spectrum that use steel as a major component have been severely impacted during the second wave of the pandemic.

3 mins

Second wave of Covid keeps car sales suppressed in May

We anticipate that factors like pent up demand and the demand for personal mobility will continue to be quite significant once the markets open. Naveen Soni, Sr. Vice President, Toyota Kirloskar Motors

5 mins

Traffic handled by major ports up 30% in April

The 12 major Indian ports handled 30% more cargo at 61.53 mt in April than 47.506 mt recorded for the corresponding month of previous year, according to data released by IPA.

1 min

Railways' iron ore handling surges 89% in April

Indian Railways in April 2021 transported iron ore of 14.88 mt, up by 89% from 7.88 mt during April 2020. Revenue earnings from transportation of iron ore in April 2021 was ₹1,182.18 crore.

1 min

Shyam Metalics IPO to fund diversification

Shyam Metalics and Energy Ltd (SMEL) is diversifying its product portfolio by entering into segments such as, pig iron, ductile iron pipes and aluminium foil.

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.

Also includes daily news headlines & daily newsletter on Steel Industry