Capacity utilization
Indian Steel Exporters Face Profit Squeeze As EU's Carbon Border Tax Looms
National News

Steel Demand Growth Slowdown Expected In FY25: Icra

The rating agency Icra has predicted a slowdown in domestic steel consumption growth for the next financial year (FY25). This comes after three consecutive years of double-digit growth in the industry. Icra forecasts a growth rate of 7-8 per cent in FY25, compared to an estimated 12-13 per cent in the current year (FY24). The […]

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Gujarat Tops Investment Rankings, Becomes Most Preferred Manufacturing Destination in India
Manufacturing National News

Indian Manufacturing Accelerates, Likely To Continue For Rest Of FY23-24

Indian manufacturing has accelerated through the second quarter of 2023-24 and is likely to continue for the subsequent quarters of the financial year 2023-24, notwithstanding the slowdown in developed nations, industry body FICCI’s latest quarterly survey revealed. The industry body’s latest quarterly survey assessed the performance and sentiments of manufacturers for the July-September 2023-24 quarter […]

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Indian Steel Exporters Face Profit Squeeze As EU's Carbon Border Tax Looms
News

SAIL Records Best-ever Production & Sales Performance In April-June

The Steel Authority of India Limited (SAIL) has achieved record-breaking performance in the first quarter of the current financial year 2023-24 – both in terms of production and sales. The production of hot metal, crude steel, and saleable steel of 5.037 million tonnes (MT), 4.667 MT, and 4.405 MT, respectively, marked the best-ever first-quarter results, […]

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