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Steel - Sponge Iron

India is currently the 5th largest steel producing nation in the world with production of over 53 million tonne (MT). Steel production has grown at a compounded rate of 9% during the period FY03 to FY08.However, there is low per capita consumption of steel of around 46 kgs as against 200 kgs of the world. The Indian steel sector has key advantages of domesti... more »

UPDATES

May 16 2013, 16:47

Jai Balaji Ind standalone Mar '13 sales at Rs 515.48 crore

Jai Balaji Industries has reported a standalone sales turnover of Rs 515.48 crore and a net loss of ...

ADVICE

May 22 2013, 10:43

See lower levels in Jindal Steel: Sukhani

Sudarshan Sukhani of s2analytics.com feels Jindal Steel & Power (JSPL) could see much lower levels. "Jindal Steel's small trading range broke down. That was a small flag and that flag now continues to give downward pressure," he reasoned.

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