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Private steel maker JSPL today reported a 36 percent rise in the domestic crude steel production to 1.23 million tonnes (MT) for the quarter ended June 30. The company had clocked production of 0.90 million tonnes in the year-ago period.

Chandrasekaran, who is also the chairman of the salt-to-software conglomerate Tata Group, says Tata Steel aims to increase its capacity in India from 13 million tonnes per annum currently to 25 million tonnes.

REC Silicon ASA has announced that it will today lay off around 100 employees from its workforce based in Washington, the U.S., and reduce

India's JSW Steel said Wednesday that it plans to raise the steel production capacity of JSW Vijayanagar Works in Karnataka to 13 million mt/year by March 2020.

ArcelorMittal will use 6,000 tonnes of steel to build its glass and steel headquarters at Luxembourg, a company official said.

India's crude steel output in April 2018 increased 5.6 per cent to 8.7 million tonne (MT) as compared to the year-ago month, the World Steel Association has said.

Tata Steel outpaced the industry average in crude steel supplies in FY18, clocking deliveries of 12.5 million tonnes of crude steel. The steelmaker registered 10.7 per cent growth in sales, bettering the market average of 7.9 per cent.

The Egyptian Minister of Military Production, Mohamed Saeed El Assar, has attended the signing of a memorandum of understanding (MoU) worth $2 billion between the National Organization for