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Tata Steel’s CEO and Managing Director Mr TV Narendran, while speaking at a webinar series ‘India After COVID-19’ organised by IIM Indore and Free Press Journal, highlighted the potential of the domestic steel...

Posted By : Yogender Pancholi 5 hours 37 minutes ago
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The Supervisory Board of Klöckner & Co SE has appointed Mr Guido Kerkhoff to the Management Board, effective as of September 1, 2020. Mr Guido Kerkhoff shall succeed Mr Gisbert Rühl as Chairman of the Management Board...

Posted By : Yogender Pancholi 5 hours 38 minutes ago
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Business Live reported that steel entrepreneur Mr Sanjeev Gupta said he would look to acquire Port Talbot steelworks if the business was put up for sale. In an interview with Moneycontrol, steel magnate Mr Gupta, who is...

Posted By : Yogender Pancholi 5 hours 43 minutes ago
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E4M reported that ArcelorMittal Nippon Steel India has appointed Mr Bibek Chattopadhyay as Head of Communications. He will be heading the corporate communication department of the firm along with managing both internal...

Posted By : Yogender Pancholi 5 hours 44 minutes ago
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Business Line reported that following the Indian government’s advisory to states banning re-use of tin and plastic containers for edible oil sale, trade body Saurashtra Oil Mills Association has raised an objection,...

Posted By : Yogender Pancholi 5 hours 46 minutes ago
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ArcelorMittal Belgium, in collaboration with the Province of East Flanders, the Provincial Development Agency of East Flanders, Sint-Jan-Baptist Zelzate and the municipality of Zelzate, is looking for a partner for the...

Posted By : Yogender Pancholi 5 hours 48 minutes ago
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Subcontinent markets finally started to display some encouraging signs this week, as positive movements on prices were reported across the board. As is generally the case, this has quickly coincided with some...

Posted By : Yogender Pancholi 5 hours 49 minutes ago
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MMK Group has successfully completed the next stage of a large-scale project to transfer the Group's key organisations to a unified corporate information system based on Oracle E-Business Suite. On July 1, 2020, MMK...

Posted By : Yogender Pancholi 5 hours 51 minutes ago
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Air Products and thyssenkrupp Uhde Chlorine Engineers announced the signing of a Strategic Cooperation Agreement. The two companies will collaborate exclusively in key regions, using their complementary technology,...

Posted By : Yogender Pancholi 5 hours 54 minutes ago
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Metinvest announced that the Group is in the final stage of negotiations with the Black Sea Trade and Development Bank regarding a seven-year credit facility of EUR62 million, which the BSTDB board of directors has...

Posted By : Yogender Pancholi 5 hours 56 minutes ago
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Sargent Metal Fabricators Inc has announced plans for a USD 9.5 million expansions of its operations in Anderson in SC. Scheduled for completion in the first half of 2022, the project is expected to create 50 jobs in...

Posted By : Yogender Pancholi 5 hours 57 minutes ago
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UK’s leading steel stockholders AJN Steelstock with sites in Newmarket in Suffolk and Henstridge in Somerset has invested in solar energy in a bid to cut its carbon footprint and energy consumption. Working in...

Posted By : Yogender Pancholi 1 day 1 hour 8 minutes ago
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Welcome to SteelGuru Business News Channel. Listen to Global Business News of 10 Sectors for Free, Aggregated & Produced by Sector Experts, Converted into Digital Listening & Visual Resources. Cut the Clutter, Listen to...

Posted By : Yogender Pancholi 1 day 1 hour 9 minutes ago
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Tata Steel has reached an agreement with trade union FNV Metaal over its Dutch assets, bringing an end to 25 days of industrial action. The previously announced cut of a thousand full time positions at Tata Steel...

Posted By : Yogender Pancholi 1 day 1 hour 10 minutes ago
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Steel Authority of India Limited’s Rourkela Steel Plant has set a national record by clocking 48 blows in a single day in a single converter of Steel Melting Shop-2 on 2nd

Posted By : Yogender Pancholi 1 day 1 hour 11 minutes ago
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JSW Steel achieved crude steel production of 2.96 million tons in Q1 of FY 2020-21. JSW Steel said “The average capacity utilisation dropped to 76% in June 2020, primarily due to a fall in production at Vijayanagar...

Posted By : Yogender Pancholi 1 day 1 hour 13 minutes ago
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Yonhap reported that South Korean steelmaker POSCO has again pushed back the resumption date of its third blast furnace due to the global recession sparked by the coronavirus pandemic. POSCO had planned to resume the...

Posted By : Yogender Pancholi 1 day 1 hour 14 minutes ago
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According to Southeast Asia Iron and Steel Institute secretary general Yeoh Wee Jin flat steel consumption posted steady growth in ASEAN countries in 2019 with all major indicators of production, imports and exports...

Posted By : Yogender Pancholi 1 day 1 hour 15 minutes ago
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Metalloinvest and Zagorsk Pipe Plant have ended discussions on a strategic partnership for the development of Ural Steel and on ZTZ's acquisition of an equity stake in the enterprise. Following an in-depth study and...

Posted By : Yogender Pancholi 1 day 1 hour 17 minutes ago
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US steel service-center Calstrip Industries has implemented the metal service center ERP software STRATIX at their new location in Blytheville in Arkansas. The implementation of STRATIX included all areas of the...

Posted By : Yogender Pancholi 1 day 1 hour 18 minutes ago
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North American steel industry last week celebrated the entry into force of the United States-Mexico-Canada Agreement, a critical milestone for the North American steel sector, its workers, and its supply chains. The...

Posted By : Nishith Sharma 1 day 3 hours 27 minutes ago
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Naveena Group, a conglomerate dealing in textile exports, spinning, wind power and other business sectors, on Sunday announced the launch of Naveena Steel, its green field steel plant located at Port Qasim in Karachi....

Posted By : Yogender Pancholi 1 day 5 hours 21 minutes ago
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Both HRC and rebar prices were down 3% and 4% mom, respectively in mid-June 2020. In May 2020, steel prices temporarily rose although higher inventories were available with steel players. This was due to logistical...

Posted By : Yogender Pancholi 4 days 4 hours 5 minutes ago
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Steel Authority of India Limited has achieved the highest ever June month sales during June’20. The domestic and export sales stood at 12.77 Lakh Tonnes which is a jump of more than 18% over the Corresponding Period...

Posted By : Yogender Pancholi 4 days 4 hours 6 minutes ago
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Jindal Steel & Power Limited has reported growth in its Standalone Steel Production and Sales during Q1 FY'21. The company recorded a 12% QoQ growth in sales volumes and 8% rise in standalone steel including pig iron...

Posted By : Yogender Pancholi 4 days 4 hours 10 minutes ago
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