Iron and steel industry in India Current Affairs, GK & News
India has became a net importer of steel in the fiscal year 2018-2019 that ended on 31 March for the first time in 3 years, as the 25% import duty on steel products imposed by the US diverted supplementary supplies to India. India’s steel imports increased by 4.7% to 7.84 million tonnes in 2018-19 from ..
China has remained the world’s largest steel producer in 2017 by producing 831.7 million tonnes (MT), according to a latest report published by World Steel Association (WSA). Japan has acquired 2nd position while India overtook the US to become the world’s 3rd largest steel producer. India’s crude steel production grew by 6.2% to 101.4 MT ..
The 7th Asia Steel International Conference (ASIC-2018) will be held in Bhubaneswar, Odisha from February 6 to 9.The announcement was made by Tata Steel, in association with the Indian Institute of Metals. The conference is held every three years and provides a platform for exchange of knowledge on various aspects of the global steel industry. ..
Government held that India’s production of Chrome ore is sufficient to meet domestic consumption and exports and the export of chrome ore is not directly impacting the steel industry. Further, there are no proposals to completely ban the export of chrome ore. India has 203 million tons of chrome ore. Out of this only 54 ..