Accurate steel prices, latest steel news, massive database of steel companies, comprehensive coverage of steel markets, and online steel trading. 2013-06-18T12:00:49Z SteelOrbis 2013-06-18T12:00:49Z en 2013-06-13T14:25:06Z 2013-06-13T14:25:06Z

India's finished steel consumption was down 0.8 percent y-o-y to 11.7 million mt in the first two months of the current Indian fiscal year.

2013-06-13T14:25:06Z 2013-06-12T08:27:10Z 2013-06-12T08:27:10Z

Indian motor vehicle production in May this year decreased 4.1 percent as compared to May 2012 with 1,737,548 vehicles produced.

2013-06-12T08:27:10Z 2013-06-11T13:55:48Z 2013-06-11T13:55:48Z

Essar Steel’s high grade pipes and plates have been approved by the UAE-based Abu Dhabi Gas Industries Ltd.

2013-06-11T13:55:48Z 2013-06-10T14:49:40Z 2013-06-10T14:49:40Z

India’s NMDC has signed an MoU with Mosi Oa Tunya Development Company of Zimbabwe for mineral assets development.

2013-06-10T14:49:40Z 2013-06-10T09:09:09Z 2013-06-10T09:09:09Z

Essar Steel announced the launch of high quality color-coated roofing products especially for the Jammu and Kashmir market.

2013-06-10T09:09:09Z 2013-06-07T14:27:48Z 2013-06-07T14:27:48Z

India-based Weslpun Corp announced that it has decided to focus on pipe and plate business in India and globally.

2013-06-07T14:27:48Z 2013-06-07T13:08:20Z 2013-06-07T13:08:20Z

India’s SAIL has commissioned the new coke oven battery No. 6 at Rourkela steel plant.

2013-06-07T13:08:20Z 2013-06-04T14:14:37Z 2013-06-04T14:14:37Z

India-based steelmaker JSW Steel announced that the merger with India’s JSW Ispat has become effective as of June 1.

2013-06-04T14:14:37Z 2013-06-04T13:42:26Z 2013-06-04T13:42:26Z

SAIL’s finished steel output rose by 11 percent year on year to 1.08 million mt in May, the best ever performance for the given month.

2013-06-04T13:42:26Z 2013-06-04T09:20:34Z 2013-06-04T09:20:34Z

Essar Ports has won the contract for construction and operation of three iron ore berths at Visakhapatnam port.

2013-06-04T09:20:34Z 2013-06-03T10:47:53Z 2013-06-03T10:47:53Z

The Indian steel rim producer SSWL registered net sales of INR 907 million ($16 million) in May, up 3.32 percent y-o-y.

2013-06-03T10:47:53Z 2013-05-30T12:42:24Z 2013-05-30T12:42:24Z

In Q4 FY 2012-13 SAIL's net profit decreased to INR 4.46 billion ($79.1 million).

2013-05-30T12:42:24Z 2013-05-28T14:49:28Z 2013-05-28T14:49:28Z

Indian steelmaker JSW Steel is considering acquiring coal mines in Africa, the US and Canada.

2013-05-28T14:49:28Z 2013-05-28T08:59:38Z 2013-05-28T08:59:38Z

India-based Gujarat NRE Coke registered a net profit of INR 51.5 million ($922,086) in the fourth quarter ended March 31.

2013-05-28T08:59:38Z 2013-05-23T14:57:10Z 2013-05-23T14:57:10Z

Tata Steel Group recorded a net loss of INR 65.3 billion ($1.17 billion) in the fourth quarter, due to the impairment charge of $1.6 billion.

2013-05-23T14:57:10Z 2013-05-22T11:43:42Z 2013-05-22T11:43:42Z

In Q4 FY 2012-13, JSW Ispat posted a net profit of INR 941.6 million ($17 million).

2013-05-22T11:43:42Z 2013-05-16T13:59:40Z 2013-05-16T13:59:40Z

India will invest $28 million on research and development of new production technologies for cold rolled grain oriented steel sheets

2013-05-16T13:59:40Z 2013-05-16T07:35:16Z 2013-05-16T07:35:16Z

Vedanta's profit after tax increased by 35.6 percent to $1.66 billion compared to the previous financial year.

2013-05-16T07:35:16Z 2013-05-15T14:07:38Z 2013-05-15T14:07:38Z

Jindal Steel and Power ordered a basic oxygen furnace converter shop from the German plantmaker SMS Siemag.

2013-05-15T14:07:38Z 2013-05-14T09:17:21Z 2013-05-14T09:17:21Z

Tata Steel expects an impairment charge of $1.6 billion for the financial year ended March 31, 2013.

2013-05-14T09:17:21Z 2013-05-13T13:11:15Z 2013-05-13T13:11:15Z

India's finished steel consumption was up 3.5 percent year on year to 5.6 million mt in April 2013.

2013-05-13T13:11:15Z 2013-05-10T12:43:28Z 2013-05-10T12:43:28Z

In April of the current year, motor vehicle sales in India decreased by 0.3 percent year on year.

2013-05-10T12:43:28Z 2013-05-10T08:45:50Z 2013-05-10T08:45:50Z

India has imposed a 2.5 percent import duty on melting scrap and stainless steel scrap

2013-05-10T08:45:50Z 2013-05-07T14:34:26Z 2013-05-07T14:34:26Z

Raw material needs of India’s SAIL and RINL will increase by up to 39% in three years as they are about to complete capacity expansion programs.

2013-05-07T14:34:26Z 2013-05-03T14:15:09Z 2013-05-03T14:15:09Z

In April SSWL sold 825,000 steel wheel rims, decreasing by 13.24 percent compared to 951,000 wheel rims sold in the same month of 2012.

2013-05-03T14:15:09Z 2013-04-30T08:00:42Z 2013-04-30T08:00:42Z

Indian steelmaker JSW Steel has denied media reports about Japan’s JFE Steel increasing its shareholding in JSW.

2013-04-30T08:00:42Z 2013-04-29T12:43:21Z 2013-04-29T12:43:21Z

In Q4, Sesa Goa’s net profit decreased by 74 percent year on year to INR 2.98 billion ($55 million).

2013-04-29T12:43:21Z 2013-04-26T08:25:24Z 2013-04-26T08:25:24Z

India’s state-owned steelmaker SAIL will get 4 million mt of coking coal from its Tasra coal block.

2013-04-26T08:25:24Z 2013-04-24T08:45:01Z 2013-04-24T08:45:01Z

India’s ministry of steel has rejected claims by local steel mills that steel products were being dumped Japanese and South Korean producers.

2013-04-24T08:45:01Z 2013-04-19T13:59:51Z 2013-04-19T13:59:51Z

India’s Supreme Court allowed 18 more mines, both category A and B, in Karnataka state to resume operations.

2013-04-19T13:59:51Z