Brazil steel production rose 28 percent in July

October 8th, 2009 NEW DELHI - State-run Steel Authority of India Ltd (SAIL) Thursday said it registered sales of over 3 million tonnes in the second quarter this fiscal, a growth of 14 percent. While sale of flat products during July-September went up 13 percent, that for long products grew 14 percent.

September 16th, 2009 Industrial production better than expected in Aug.WASHINGTON — Industrial companies boosted production more than expected in August, making more cars, clothing and other goods in the early stages of a broad economic recovery. The Federal Reserve said Wednesday that output at the nation's factories, mines and utilities rose 0.8 percent in August.

September 16th, 2009 Summary Box: Industrial production rose last monthMORE GROWTH, NO INFLATION: Government data show the nation's factories, mines and utilities boosted production for the second straight month in August, the latest sign of an economic recovery. At the same time, inflation remains in check.

August 26th, 2009 NEW DELHI - The growth of the infrastructure industry in the country dipped by 1.8 percent in July. A contraction of 14.4 percent in petroleum iindustry constricted expansion of the six other industries.

August 25th, 2009 NEW DELHI - Steel Secretary P R Rastogi on Tuesday said that the growth in steel demand in the country would soon cross 10 percent, as soon as the effects of global economic slowdown would be over. Rastogi said this while addressing the third meeting of the Inter-Ministerial Group on Steel in the national capital.

July 20th, 2009 World steel output down 21 pct in first 6 monthsBRUSSELS — World steel output plunged 21.3 percent in the first six months of 2009 from a year ago, the main steel industry group said Monday. Chinese and Indian steel makers were the only major producers to increase output in the first half, the World Steel Association said.

July 15th, 2009 NEW DELHI - In what may be seen as an early sign of economic recovery, use of steel in the country rose 5.2 percent to 12.83 million tonnes in the first quarter of this fiscal from 12.2 million tonnes in the same period a year ago. Steel production increased 3.4 percent to 13.98 million tonnes during Arpil-May 2009, compared to 13.53 million tonnes in the same period the previous fiscal.

July 11th, 2009 BHILAI - India's steel production will surge to 124 million tonnes (MT) per annum by 2011-12 from the current figure of 65 mt, Steel Minister Virbhadra Singh said here Saturday. "There is a massive expansion going on in the steel sector in country, both in the public and private sectors, that will see India becoming a major steel producer by 2011-12 when its steel production will be 124 mt from the present production of 65 mt," the minister said at a press conference here.

July 7th, 2009 German iron, steel output falls 45 percentFRANKFURT — German iron and steel output for June fell sharply as the world recession continued to cut into demand for the country's machinery and car exports, the Federal Statistical Office reported Tuesday. The Wiesbaden-based office said Germany's producers made 1.44 million metric tons (1.59 US tons) of iron for the month, a 45 percent decline over the same month last year, while they made 2.5 million metric tons (2.76 US tons) of steel, a 41 percent decline.

June 30th, 2009 NEW DELHI - The composite index of India's six core industries logged a 2.8 percent expansion in May, down from 3.1 percent registered in the like month last year, official data showed Tuesday. The six core industries comprise crude oil, refined petroleum fuel, coal, electricity, cement and finished steel.

June 28th, 2009 NEW DELHI - A leading industry body has called for increasing customs duty on steel from 5 percent to 10 percent as consumption of local steel by domestic users was falling. According to the Federation of Indian Chamber of Commerce and Industry (Ficci), imported steel accounted for over 11 percent share of consumption, as compared to 6 percent a few years ago.

June 11th, 2009 MUMBAI - Any hike in steel prices is unjustifiable as the cost of iron ore and coking coal have come down since last year, Steel Secretary P.K. Rastogi said here Thursday.

March 27th, 2009 NEW DELHI MA - Despite an 8.3 percent growth in cement production and 6 percent in coal output, the composite index for six core industries logged a mere 2 percent expansion in February, against 7 percent in the like month of last fiscal. Data released by the commerce and industry ministry Friday showed that the cumulative growth in the six core infrastructure industries was 3 percent for the first 11 months of this fiscal, against 5.8 percent for the corresponding period of last fiscal.

January 5th, 2009 RAIPUR - The country's largest steel maker Tata Steel Tuesday reported a 14 percent fall in sales in the October-December quarter over the corresponding period uin 2007. According to an official statement, the company's total sales during the period stood at 1.07 million tonnes.

January 1st, 2009 RAIPUR - Bhilai Steel Plant concluded April-December with the best-ever performance as its production touched 4.04 million tonnes (MT) of hot metal, 3.87 MT of crude steel and 3.31 MT of saleable steel, a company official said Friday. The plant, located some 30 km west of Chhattisgarh's capital Raipur, is the flagship unit of the state-owned Steel Authority of India (SAIL).