news

JK Lakshmi Cement's net profit dips 5.8% in Q1 FY21

07 Aug, 2020

The company's net income stood at Rs 918.54 core in Q1 FY21, a dip of 20 per cent from Rs 1,142.20 crore it recorded in the similar quarter last year.

ALBA's Klaveness Solution

07 Aug, 2020

Klaveness Digital provided a solution that helped Aluminium Bahrain B.S.C. plan their shipments more efficiently, avoid clashes during berth and gave them live updates on ETAs.

Rupert Fertinger GmbH to acquire Hydro Extruded Solutions operations in Remscheid, Germany

07 Aug, 2020

Hydro and Rupert Fertinger GmbH (Fertinger) have signed a Term Sheet for Fertinger to acquire Hydro’s welded tube business in Remscheid, Germany.

Sweden moves one step closer to green steel

07 Aug, 2020

A fossil fuel-free steel joint venture known as Hybrit, comprising energy firm Vattenfall, steel company SSAB and mining group LKAB, has completed successful trials of its technology.

SAIL RSP Sets National Record for Steel Heats with BOF Supplied by SMS Group

07 Aug, 2020

Steel Authority of India Limited’s Rourkela Steel Plant has set a national record with the BOF converter supplied by SMS group, a global leading partner for the metal industry. BOF 3 of 150 tonne nominal capacity at Steel Melting Shop 2 at SAIL's Rourkela Steel Plant, supplied by SMS group

Steel Authority of India clocks best-ever sales performance in July

07 Aug, 2020

The company said it has reoriented its efforts towards strategic marketing and customer-centric operations in response to the ongoing pandemic, which led to improvement in its performance.

Steel demand from auto won’t be same; JSW making structural changes to diversify: Seshagiri Rao

07 Aug, 2020

JSW Steel is actively looking on the non-auto side, the company, for instance, is diversifying by supplying blooms and billets to the rails, said its Joint Managing Director and Group CFO Seshagiri Rao.

JSPL’s impressive growth continues amidst COVID-19 as July steel output rises to 7.40 LT, sales at 7.62 LT

07 Aug, 2020

Jindal Steel & Power Limited (JSPL), India’s leading Steel producer, has continued to scale new heights with its consistent performance in Indian and global markets despite the challenges due to the COVID-19 pandemic.

RSP left record behind in hot metal

07 Aug, 2020

SAIL Rourkela Steel Plant (RSP) has surpassed its own record by surpassing the 96 million tonnes hot metal production on August 3. Company CEO Deepak Chattaraj congratulated the employees for this magnificent achievement through a webinar.

Steel Strips Wheels bags orders worth $2,09,000 for US market

07 Aug, 2020

In a regulatory filing, the company said it has bagged "export orders for over 6,000 wheels for the US truck and caravan trailer market to be executed in August from its Chennai plant".