Tata Steel

Tata, Essar Steel Taking Measures to Improve Forecasts

by Sohrab Darabshaw on May 23, 2012

Style:    Category: Company News, Ferrous Metals, Supply & Demand

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Although JSW Steel reported historically high production numbers, they’re not without their troubles, while Tata Steel reported a huge profit decrease recently. So what exactly are the drivers for Indian steelmakers’ current woes? Tata Steel Chief Financial Officer Koushik Chatterjee told reporters that the high raw material cost and volume impact had negatively impacted domestic [...]

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Some Cheer, Some Bad News From India’s Steel Sector

by Sohrab Darabshaw on May 23, 2012

Style:    Category: Company News, Ferrous Metals, Public Policy

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Sohrab Darabshaw contributes an Indian perspective on industrial metals markets to MetalMiner. Players in the Indian steel sector continue to paint an optimistic picture in the medium-term, despite some recent negative developments in the steel industry. They are also looking at new avenues for selling steel, domestically and internationally. On the other hand, investors and industry experts continue [...]

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India’s SAIL, Tata Steel Forecast Demand Growth of 9% This Year

by TC Malhotra on May 7, 2012

Style:    Category: Company News, Ferrous Metals, Supply & Demand

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Indian steel companies expect that the country’s domestic consumption is likely to grow by at least by 8 to 9 percent in 2012-13, reports Business Line. The government-owned Steel Authority of India Ltd (SAIL) and private sector Tata Steel Limited have expressed similar views regarding domestic steel consumption. The newspaper report quoted SAIL Chairman C.S. [...]

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