Steel Insights - July 2014

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Domestic sponge iron capacity utilisation is showing a downward trend due to weak demand. Stand-alone players are also showing a trend towards forward integration and ceasing to be pure merchant market players. Dull market conditions caused by slumping demand are posing a serious concern for the industry while a raw material crisis is hampering production. At Tata Sponge Iron Limited, the primary reasons for low capacity utilisation are non-availability of ore and high input costs, according to D P Deshpande, MD, Tata Sponge Iron. He expects DRI prices to remain at Rs 19,000 levels unless infra projects get a push.
The July 2014 issue also explores the retail route taken by steel companies keeping in mind changing consumer behaviour and the enriched technology required by pellet-makers to convert low-grade ore at viable rates. Also find the regular sections on coking coal prices, ferro alloys and corporates.

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