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India aluminium demand picked up in the last four months
Thu, 24 May 2018 08:20:33 +0800
The pick up in domestic demand augurs well for the domestic metal industry. Hindalco Industries managing director Mr Satish Pai told FE’s Shubhra Tandon that the outlook looks robust; however, possible dumping of metals into the country due to global trade wars is a matter of concern. Excerpts: Q...
JSPL expect to make over 7 million tonnes of steel in FY19 – Mr Naushad A Ansari of JSPL
Thu, 29 Mar 2018 17:02:39 +0800
Mr Naushad A Ansari of JSPL discusses how it plans to work towards increasing its production to optimum realisation. He told “Angul capacity today is 5 million tonnes of steel making. Blast furnace is only one of the inputs which goes into making the steel, the other being the DRI. Hence, out of 5 m...
JSPL targeting steel sales of 7.5-8 million tonne in FY19
Thu, 28 Dec 2017 05:41:46 +0800
In an interview to CNBC-TV18, Mr Naushad Akhter Ansari, CEO-Steel Business at JSPL spoke about the oxygen furnace installation at Angul and gave his outlook for the future. Mr Ansari said we expect additional steel volumes of 0.5 million tonne in FY18 from this added capacity at Angul. He further sa...
JSW Steel sees stable input costs, margin
Wed, 08 Nov 2017 15:03:20 +0800
Input costs for the steel industry are expected to stabilise in the coming quarters, which will lead to an improvement in prices or realisations and profit margin in the second half of the current financial year, Mr Seshagiri Rao, joint managing director and chief financial officer at JSW Steel Ltd....
Current trend in steel output offers optimistic view – Mr Sushim Banerjee
Wed, 11 Oct 2017 17:57:17 +0800
Mr Sushim Banerjee DG of Institute of Steel Growth and Development in his personal capacity wrote for Financial Express that the first half of the current fiscal has shown a growth of 4.5% in crude steel production in India at 49.8 million tonne. On an annualised basis and assuming a normal h...
China holds the key as steel price rises: Jonathan Barratt, Ayers Alliance
Fri, 11 Aug 2017 09:48:48 +0800
Mr Jonathan Barratt CIO of AyersAlliance said that we have seen a pickup in demand and it all comes down to actions of Beijing whether it is the infrastructure spends, environment or whether it is just acting on behalf of what G-20 wanted with them to do for reducing capacity. All of it has creat...
Steel demand in India will grow faster than local supply – Mr TV Narendran
Tue, 27 Jun 2017 17:07:46 +0800
Mr TV Narendran MD of TATA Steel in an exclusive interview, while answering to How has the steel demand been in the last one year?, said that “While 2015 was a bad year for the steel industry, last year was much better for India and China. China shut down excess capacity and prices are improv...
Expect coking coal prices to normalise in the near-term - Mr Paul
Wed, 26 Apr 2017 18:55:14 +0800
Tata Metaliks has posted a mixed bag this quarter. It dragged down by weakness in the pig iron business, even as the ductile iron pipe does well this time around. In an interview, Mr Sanjiv Paul, MD of Tata Metaliks spoke about the results and his outlook for the company. Mr Paul said that "...
ITRI wins edie Sustainable Supply Chains Leader 2017
Fri, 27 Jan 2017 11:49:02 +0800
ITRI’s dedicated work and success in bringing positive change in the tin supply chain has beenrecognised with the award of the prestigious edie Sustainability Leaders Award 2017 forSustainable Supply Chains. The winners were announced at an a...
China demand behind increase in manganese ore prices: Mukund Chaudhari, CMD, MOIL
Fri, 13 Jan 2017 10:27:10 +0800
In an interview, Mukund Chaudhari, CMD, MOIL talks about the company's future trajectory. Excerpts: The last few months have seen manganese ore price rally significantly. What is the reason according to you? Why are we seeing such a traction in the prices? Mukund Chaudhari: The spur...
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