Taiwan was struck by its most powerful earthquake in 25 years on Wednesday that killed ten people and injured over 1,000. However, due to its effective disaster response training and laws, the earthquake did fairly minimal damage to life and property.
The company manufactures and exports mild steel and carbon steel ERW black and galvanised pipes, hollow steel pipes, and cold-rolled steel (CR) strips and coils.
JSW Steel witnessed a 9 per cent year-on-year increase in crude steel production at its Indian operations, at 6.63 million tonnes while its USA-Ohio operations saw a 191 per cent surge in crude steel production year-on-year, totaling 0.24 million tonnes.
A leading player in the steel and structural products industry recorded a surge in total income during the quarter, reaching Rs 746.73 crore, compared to Rs 599.40 crore in the year-ago quarter, signaling substantial revenue growth.
Despite the global steel market's unpredictability, Indian steelmakers are expected to perform well due to increased infrastructure development, urbanization, and favorable policy reforms boosting domestic steel demand.
The revenue from operations came in at Rs 312.52 crore in the quarter as against Rs 240 crore reported in the corresponding quarter of the last year.
According to an exchange filing, the quarterly net profit came stood at Rs 8.02 crore. It had posted a net profit on consolidated basis at Rs 4.48 crore, according to an exchange filing by the company.
Bonus shares are additional shares that listed companies issue to existing shareholders at no cost. The exercise is done under the guidelines of the SEBI. It increases liquidity and encouraged retail participation.
The output growth of the eight sectors slowed down to 5.8 per cent in April-June 2023-24 against 13.9 per cent in the year-ago period.
The man's stomach started swelling and he could not defecate since the incident. Worried about his condition, his family members rushed him to MKCG Medical College and Hospital in Berhampur city.
New Delhi-based Salasar Techno Engineering carries out engineering, designing, procurement, fabrication, and galvanization work for telecom players.
The growth in the production of natural gas, steel, cement and electricity slowed down to 7.6 per cent, 3.7 per cent, 8.8 per cent and 4.9 per cent during the month
Tata Steel CEO and Managing Director T V Narendran has stepped down as President of the Indian Steel Association (ISA) months before the end of his term, according to the steelmaker.
An Indian-origin restaurateur, who runs an Indian restaurant in northern England, has been inspired by his father’s decades' old stainless steel tiffin box to launch a takeaway system not reliant on plastic.
"India's steel demand growth pace will slow because of weak auto and manufacturing demand... India's demand growth, remains strongest in Asia even as growth pace slows," the US-based agency said in its outlook report titled 'Asia: Steel - 2020 outlook'. The country's steel output will increase on higher capacity utilisation as demand grows.
The government has extended the date for traders till November 20 to register themselves with Steel Import Monitoring System (SIMS) to import 215 iron and steel products.
The report attributed its forecast of higher haircut to the fact that the stressed assets which may come up for insolvency are smaller in size and valuation.
16000 tonnes of steel has been brought down in just a few seconds on 19th May 2019, Sunday.
Production of the total finished steel grew 4.4 per cent to 109.18 MT from 104.56 MT in the corresponding period of the previous fiscal.
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