Posts tagged with Steel

ArcelorMittal to Invest Rs 1 lacs Cr in Gujarat
Aug 2021 , by in ALLIED

The Gujarat government informed that the world's leading steel and mining conglomerate ArcelorMittal would invest Rs 1,00,000 crore in different projects in the states, including its steel plant at Hazira near Surat. ArcelorMittal Chairman Lakshmi Niwas Mittal along with the CEO of ArcelorMittal ... Read more...

Welspun to Create Pipe & Steel Verticals
Aug 2021 , by in ALLIED

Welspun Corp Ltd. (WCL) - a flagship company of the Welspun Group, is amongst the leading welded line pipe manufacturing companies in the world. Recently the company has initiated its foray in Ductile Iron Pipes business by setting up of a Greenfield plant in Anjar. The Board has also approved propo... Read more...

India’s Steel Consumption Set to Break Records
Jul 2021 , by in ALLIED

India’s steel consumption is set to break records this year, reversing the performance in 2020 when demand crashed as the pandemic upended economic activity. Demand for steel is expected to surge 17% to 110 million tons in the year started April, according to Seshagiri Rao, joint managing director... Read more...

JSW Steel to Add Rs 25,000 Cr to Ramp up Capacity
Jul 2021 , by in ALLIED

JSW Steel is planning to invest another Rs 25,115 crore by 2024-25 to ramp up its capacity to 37.5 million tonne (MT) per annum, its Chairman and Managing Director Sajjan Jindal said in a message to its shareholders. The company, which sold nearly 15 MT of steel in FY21, claimed to have invested ... Read more...

Const Costs Hit Roof as Raw Materials Price Spike
Jun 2021 , by in ALLIED

Crucial inputs such as steel, cement, sand, stone aggregates, plywood materials and M Sand have seen a price increase in the last one year, pushing up the overall construction cost. The construction of individual homes has become expensive with cost per square for a moderate structure going up from ... Read more...

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