13th International Exhibition and Conference on
Minerals, Metals, Metallurgy & Materials Exhibitor Warning
25 - 27 August, 2022, Pragati Maidan, New Delhi, India


20 July 2021
Tata Steel arm signs MoU with Jindal Stainless for utilising chrome ore in Sukinda
Tata Steel's mining company, Tata Steel Mining Limited (TSML) and Jindal Stainless Limited (JSL) signed a memorandum of understanding (MoU) to jointly utilise chrome ore locked up in the boundary between their mines located in Sukinda of Jajpur district, Odisha.
“This is a very unique collaboration where JSL & TSML will derive maximum value from a joint mining effort. This effort will enhance the availability of ore in the region without any adverse environmental impact, as it's an already explored area," said Abhyuday Jindal, Managing Director, Jindal Stainless Limited.
This would help the conservation of chromite ore which otherwise would have been left unmined forever, the companies said in a joint statement on Monday.
Both the companies would now initiate steps to get necessary statutory approvals from concerned authorities before jointly starting mining operations.
"We are committed to sustainable mining and such a joint initiative will set examples for organizations especially in the mining industry to collaborate in the larger interest of mineral conservation and sustainability," said MC Thomas, Managing Director, Tata Steel Mining.
The MoU was signed at Bhubaneswar by Mr M C Thomas, Managing Director, Tata Steel Mining Limited, and Mr Shashibhushan Upadhyay, Vice President (Projects), Jindal Stainless Limited. Mr Ratan Jindal, Chairman, Jindal Stainless Limited, Mr Abhyuday Jindal, Managing Director, Jindal Stainless Limited and other senior officials from both companies had joined virtually for this special occasion.
Read More...!

10 August 2020
Indian steel manufacturers expect green shoots for industry after July
Indian steel manufacturers, JSPL and SAIL NSE -0.66 % expect green shoots for the industry to come in after July, with contracts from metro rails picking up at a faster pace.
Read More...!

29 July 2019
Mining industry seeks export duty waiver on non-metallurgical grade bauxite 

Non-plant grade bauxite isn't used in aluminium smelters that go for higher grades. With little demand in the domestic market, miners of non-plant grade bauxite usually take recourse to exports  
Read More...!


4 July 2019
Steel imports from South Korea and Japan fill up the Chinese gap 

While the domestic steel demand has shrunk, there has been an increase in steel import, especially from South Korea. There has, however, been a reduction in imports from China, but this has been compensated by increased imports from South Korea and Japan, which have strengthened their grip on the Indian steel market.
Read More...!


27 June 2019
Manufacturing shows strongest growth in 3 months, PMI rises to 52.7

Consumer goods led the upturn in May, with the rates of expansion surpassing the intermediate and capital goods categories.
Read More...!

19 June 2019
Alok Kumar Mehta takes charge as Director (Commercial), NDMC

Alok Kumar Mehta assumed charge as Director (Commercial) of state owned NMDC Limited, on Saturday, June 1, 2019. Mehta, a graduate in mechanical engineering from NIT Raipur, with over 35 years of experience in iron ore mining, iron & steel and copper industries, started his career with Hindustan CopperNSE 0.72 % Limited in July 1983.
Read More...!

14 June 2019
Courts, banks must fast-track Essar resolution: Sajjan Jindal, Chairman, JSW Group 

Courts and banks should expedite the resolution process of Essar Steel, which has been going on for more than 20 months, said Sajjan Jindal, chairman at JSW Group that failed in its bid to acquire the prized steelmaking assets through the bankruptcy court.

12 June 2019
Steel consumption likely to grow by 5-6 per cent this year   

India’s steel consumption is expected to grow by 5%-6% this year, on the back of government’s expenditure towards infrastructure and construction. 

06 June 2019
RINL aims to produce 6.4 MT of liquid steel; 5.8 MT of saleable metal in FY20   

The public sector undertaking (PSU) will be signing a Memorandum of Understanding (MoU) in this regard, with its administrative ministry -- Ministry of Steel -- likely by the first week of June, the official said. 

15 March 2019
Domestic steel sector progressing towards quality control regime   

Indian steel sector is progressing towards a quality control regime with India becoming the second top global producer.

12 March 2019
Steel sector has turned out to be one of the major beneficiaries of IBC: ICRA Ltd 

The steel sector has provided an impetus to the IBC with four large corporate debtors having already completed the corporate insolvency resolution process (CIRP) yielding a resolution plan. 

06 March 2019
Premium Transmission to open new Development Centre in Kolkata

Premium Transmission, one of the leading players in industrial gearboxes, geared motors and fluid coupling market of India, is opening a new Development Centre in Kolkata.

25 February 2019
Indian steel cos more competitive as they have access to cheaper iron ore: Ravi Uppal 

Calender year 2018 has been very good for the Indian steel industry. Demand went up by nearly 6% and the production went up nearly 7.5%, Ravi Uppal, Former MD & CEO, JSPL.

18 February 2019
India replaces Japan as second top steel producer: worldsteel 

India has replaced Japan as world's second largest steel producing country, while China is the largest producer of crude steel accounting for more than 51 per cent of production, according to World Steel Association (worldsteel). 

04 February 2019
Tata Steel eyes big increase in production capacity

Company plans to ramp up its production to 25 million tonnes per annum by 2025, and increase the Kalainganagar plant capacity to 8 million tonnes .

18 January 2019
RINL records 29% growth in sales at Rs 14,687 crore in April-December

RINL, which operates the Vizag Steel Plant, recorded a 29% growth in sales at Rs 14,687 crore in April-December 2018, compare

09 January 2019
Domestic steel consumption to grow by 7 pc this fiscal, FY20

The domestic steel consumption growth is expected to grow by 7 per cent during this fiscal and the trend is likely to continue in the next financial year as well, largely driven  by the government's focus on the infrastructure sector, says an ICRA report.

10 December 2018
National steel policy forecasts coking coal demand of 161 mtpa (million tonnes per annum) by 2030-31
“The national steel policy forecasts coking coal demand of 161 mtpa (million tonnes per annum) by 2030-31, 31 mtpa of non-coking coal for PCI, 105 mtpa of non-coking coal requirement for DRI route” quotes former Chairman of Coal India Limited

10 December 2018
Steel Minister Birender Singh confident about SAIL becoming more profitable next year
After a visiting and reviewing to SAIL’s Durgapur Alloy Steel Plant and Salem Steel Plant, Steel Minister Birender Singh confident about SAIL becoming more profitable next year

10 December 2018
India registered a marginal growth in its crude steel output at 8.77 million tonne (MT)
India registered a marginal growth in its crude steel output at 8.77 million tonne (MT) during October 2018, according to World Steel Association (WSA)

17 July 2018
Australia sees iron ore prices sliding by more than 10 pct by 2020
Top iron ore exporter Australia sees prices for the steelmaking raw ingredient falling by more than 10 percent over the next two years as demand from China’s steel mills slips while domestic and Brazilian output climbs, a government report said on Monday

News Source

29 June 2018

Sustainability and responsibility: The launching of the Standard for Responsible Mining 
A global certification program, designed to foster a sector wide drive for sustainable and ethical best practice directly at the mine site, has officially been launched.
The Initiative for Responsible Mining Assurance (IRMA) has officially launched the Standard for Responsible Mining, a global certification program for industrial scale mine sites.

2 Apr 2018
Metal companies feed spike in demand, prices with fund infusion 
Metal companies such as Vedanta, Tata Steel, JSW Steel and Jindal Steel & Power (JSPL) have all been raising funds in the past month. The fund raising spree coincides with an upturn in the steel cycle as domestic demand picks up after a gap of almost five to six years. Steel prices too have perked up in tandem, with a 20% jump in last few months alone.  With a spate of government projects in affordable housing, power and railways going onstream, India’s large integrated steel producers are gearing up to add capacity. These plans form an integral part of the ambitious National Steel Policy (NSP), which aims at raising India’s production capacity to 300 million tonne per annum (mtpa) by 2030, up from 100 mtpa at present. The target involves a substantial hike in the country’s per capita consumption of steel to 160 kg from the present low of 65 kg per person, aiming for its highest growth in over a decade. 

30 Jan 2018

Bigger Gains for Aluminium Expected in 2018
As per the industry experts, Aluminium is poised for bigger gains in the current year as the metal price are further expected to increase. Aluminium reached a three-year high of USD 2,246 per metric ton in December 2017 and is further likely to increase by up to USD 150 per metric ton in 2018, supported by capacity cuts in China and increase in demand for the metal from North America and European Union region. The shortage in metal supply is expected to continue pushing the aluminium prices upwards in the current year. In India, aluminium consumption is projected to increase by 15 to 20 per cent in the coming 2-3 years.

23 Jan 2018
Metal Casting Market to Grow at 8.87% CAGR to 2025
Metal Casting Market is forecast to reach $39.94 billion by 2025 from $20.23 billion in 2017 at a CAGR of 8.87% during (2017-2025) driven by increase in vehicle light-weighting trend as a result of growing stringency in emission & fuel efficiency standards, and benefits offered by casting such as higher precision, accuracy, and excellent surface finish, increasing vehicle production and lack of alternative manufacturing processes.

19 Jan 2018
Rising Graphite Electrode Prices could Impact Steel Making
Graphite electrodes price has seen a steep increase in recent months, the increase has seen both in the global and domestic market; a month back it was around USD 2,000/MT and now it is increased steeply to USD 15,000/MT and with nil supply. To make 1 tonne of steel 2.5 to 3 kg electrodes are consumed. 

13 Sep 2017
Domestic stainless steel industry eyes higher customs duty
Domestic stainless steel industry seeks stronger support from the government as it hopes for an upward revision of basic customs duty for stainless steel, bringing it at par with duty on primary steel products, which currently attracts a 12.5 percent levy.

On Friday, the government imposed 18.9 per cent CVD on Chinese hot and cold rolled stainless steel products, effective for a period of five years.

12 Sep 2017
'Ease of doing business' is not 'ease of making money': Steel Minister 
NEW DELHI: Steel Minister Chaudhary Birender Singh today said India needs to raise per capita consumption of the commodity, while asking the industry to play ethical by differentiating between 'ease of doing business' and 'ease of making money'

Singh said: "When there was dumping in our country, many of the producers of steel became traders. Is it fair on the part of a man who...has the responsibility to produce...? Why? Because there is a possibility that without doing anything you can make easy money."
'Ease of doing business' is very different from 'ease of making money'. Each one has a role to play, he said. 

10 Sep 2017
SAIL clocks 7 per cent sales rise during April-August on output boost 
The country's largest steel maker SAILBSE 0.40 % posted a 7 per cent rise in sales at 5.5 million tonnes in the first five months of the ongoing fiscal, helped by production ramp-up 

"During this period, domestic sales showed improvement in both long and flat products enabling SAIL to increase its market share to 14.6 per cent from 13.4 per cent," the spokesperson added.
SAIL Chairman P K Singh said the steel major is gearing up to encash the conducive environment for demand as envisaged in the progressive policies of the government for the Indian economy, especially the infrastructure sector.
The PSU had recorded an 8 per cent growth in total sales at 13.14 MT in FY 2016-17.
The company had also recorded the best ever total sales figure for March 2017 at 1.575 MT, a rise of 21 per cent over the year ago.

08 Sep 2017
Countervailing duty in stainless steel flat products and step towards quality regime: Steel minister

The imposition of countervailing duty on imports of stainless steel flat products will strengthen the ongoing efforts of Indian industry to move towards 100% quality regime for better safety and health of users. 

This will provide a level-playing field to the industry to grow to its full potential after attaining 2nd largest rank in stainless steel production in world in 2016, steel minister Chaudhary Birender Singh said.
Steel Secretary Aruna Sharma said, “This is the first case of imposition of CVD on any steel product in India. This would provide the much needed relief to the stainless steel industry from the subsidized imports from China.”