Steel Insights Magazine - December 2019
Steel Insights Magazine - December 2019
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In this issue
Cost + Efficiency: Need of the hour
Steel companies fight low demand with low cost, operational efficiency
Also read:
• Iron ore mine auction to cause short-term disruption
• Steel ministry proposes integrated steel hubs
• Thyssenkrupp fires blast furnace with hydrogen
• Arjas Steel plans investment to operations, expand capacity
• Rating agencies paint gloomy 2020 outlook for steel companies
Plus regular features, corporate, logistics, international news & price analyses.
Cost+Effieciency Need of the Hour
Conventionally, the economic impact of an industry is measured by its contribution to GDP (Gross Domestic Product), i.e. gross value addition from the industry - the difference between the value of output and intermediate inputs.
10+ mins
Steel Ministry proposes integrated steel hubs
The Ministry of Steel has proposed setting up integrated steel hubs similar to the ones in Korea, China, and Germany. The hubs would support the growth of the steel sector.
4 mins
Steel industry seeing green shoots, demand coming back: Sajjan Jindal
Indian government has done a lot for the steel industry and now it is the time for the industry to rejig product portfolio in line with market and promote “Make in India” initiative in ancillary industries, Sajjan Jindal, chairman, JSW Group, said.
2 mins
ARJAS PLANS ₹200 CRORE INVESTMENT TO IMPROVE OPS, EXPAND CAPACITY
An integrated special steel producer, Arjas Steel, formerly known as Gerdau Steel India Private Limited completed 1 year after Private equity firm, ADV Partners, acquired Arjas Steel from the Brazilian entity, Gerdau Steel for about $120 million. Arjas Steel is in the mode of production capacity expansion and planning to set up its own R&D centre to better customise its products to suit the market requirements. Being the only large steel plant in Andhra Pradesh in private sector, Arjas has big plans to develop and shape up the state economy. In a freewheeling interview to Tamajit Pain of Steel Insights, Sridhar Krishnamoorthy, Managing Director, Arjas Steel shares the industries challenges and prospects and how the company is helping local economy by providing livelihood.
6 mins
Steel Insights Magazine Description:
Publisher: mjunction services ltd
Category: Business
Language: English
Frequency: Monthly
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
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