Steel Insights Magazine - September 2018

In this issue

Indian steel: waiting for Industry 4.0
The Indian steel industry must innovate and continue to do so if it has to survive in a regime of diminishing returns to scale

Also read:
• Special focus: ISSDA hopeful of duty removal on ferro nickel
• Expert Speak: Aluminothermy is better for making medium, low carbon & noble alloys
• Metals roundup: Scrap demand push coming from secondary steel mills
• International: Coking coal price rise caused by shrinking domestic supply

Plus our regular features, focus on corporate, logistics and other news & analyses.

Indian Steel: Waiting For Industry 4.0

The modern steel industry, like any other under a capitalist production regime, needless to say, is heavily dependent on technology and innovation as a major driver, especially at this day and age when the turnaround time is faster than ever before.

10+ mins

Steel Must Enter High-End Segments As Import Substitution

India has been lagging behind advanced countries, including China, in developing appropriate technologies for steel-making and raw materials processing due to very low expenditure on R&D activities.

6 mins

Jindal Stainless Aims To Ride Railways' Wagon Requirements

In line with the Centres vision to mandate use of stainless steel in coaches/wagons by 2020, Jindal Stainless aims to double its supplies and expects to meet almost 80 percent of the stainless steel requirement of Indian Railways (IR).

4 mins

Aluminothermy Is Better For Making Medium, Low Carbon & Noble Alloys

The mammoth hike in steel metallurgy has perhaps been the greatest factor in contributing towards the rapid strides our civilisation has taken in the last century.

2 mins

Sponge Iron July Production Up Marginally

Gross sponge iron production in July 2018 increased 1.8 percent to 2.51 million tons (mt) as against 2.46 mt in the same period last year, according to provisional data from the Joint Plant Committee of the steel ministry.

1 min

National Recycling Policy May Be Unveiled Shortly

NITI Aayog, MRAI jointly host meet to highlight recommendationsthat need to be incorporated in proposed policy paper

5 mins

Pellet Offers Jump To Record High, Exporters Gain

Prices of iron ore pellets jumped to their highest level in three years in August, benefiting exporters of the key steelmaking raw material.

2 mins

Coking Coal Offers Gain In August On China Demand

After a steady decline in July, the seaborne coking coal market registered gains in August 2018 on demand from China and India, according to market sources.

2 mins

Miners Raise Iron Ore Prices

State-run miner NMDC has increased the prices for lump ore and iron ore fines by 150 a ton with effect from August 22.

2 mins

Tata Steel Q1 Profit More Than Doubles

Tata Steel has reported a 112.76 percent year-on-year rise in consolidated net profit at 1,954.02 crore for the quarter ended June 30. The company had posted a profit of 918.40 crore in the same quarter last year.

2 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