The pick up in domestic demand augurs well for the domestic metal industry. Hindalco Industries managing director Mr Satish Pai told FE’s Shubhra Tandon that the outlook looks robust; however, possible dumping of metals into the country due to global trade wars is a matter of concern. Excerpts: Q - What is the outlook for FY19? A - Aluminium de...

Mr Naushad A Ansari of JSPL discusses how it plans to work towards increasing its production to optimum realisation. He told “Angul capacity today is 5 million tonnes of steel making. Blast furnace is only one of the inputs which goes into making the steel, the other being the DRI. Hence, out of 5 million, we expect that close to about 80 per cent ...

In an interview to CNBC-TV18, Mr Naushad Akhter Ansari, CEO-Steel Business at JSPL spoke about the oxygen furnace installation at Angul and gave his outlook for the future. Mr Ansari said we expect additional steel volumes of 0.5 million tonne in FY18 from this added capacity at Angul. He further said that we target steel sales of 7.5 million tonne...

Input costs for the steel industry are expected to stabilise in the coming quarters, which will lead to an improvement in prices or realisations and profit margin in the second half of the current financial year, Mr Seshagiri Rao, joint managing director and chief financial officer at JSW Steel Ltd., told BloombergQuint that the demand picture for ...

Mr Sushim Banerjee DG of Institute of Steel Growth and Development in his personal capacity wrote for Financial Express that the first half of the current fiscal has shown a growth of 4.5% in crude steel production in India at 49.8 million tonne. On an annualised basis and assuming a normal hike in production in H2, the estimated production...

Mr Jonathan Barratt CIO of AyersAlliance said that we have seen a pickup in demand and it all comes down to actions of Beijing whether it is the infrastructure spends, environment or whether it is just acting on behalf of what G-20 wanted with them to do for reducing capacity. All of it has created a very strong market. Q - What do you thi...

Mr TV Narendran MD of TATA Steel in an exclusive interview, while answering to How has the steel demand been in the last one year?, said that “While 2015 was a bad year for the steel industry, last year was much better for India and China. China shut down excess capacity and prices are improving there. A large number of small players were du...

Tata Metaliks has posted a mixed bag this quarter. It dragged down by weakness in the pig iron business, even as the ductile iron pipe does well this time around. In an interview, Mr Sanjiv Paul, MD of Tata Metaliks spoke about the results and his outlook for the company. Mr Paul said that "For the quarter we sold 65,640 tonne of ductile ir...

ITRI’s dedicated work and success in bringing positive change in the tin supply chain has beenrecognised with the award of the prestigious edie Sustainability Leaders Award 2017 forSustainable Supply Chains. The winners were announced at an awards ceremony at the HiltonHotel, Park Lane in Lo...

In an interview, Mukund Chaudhari, CMD, MOIL talks about the company's future trajectory. Excerpts: The last few months have seen manganese ore price rally significantly. What is the reason according to you? Why are we seeing such a traction in the prices? Mukund Chaudhari: The spurt in China demand is the main reason behind increa...