Category : Search result: crude steel production


Auto Industry Halts Production Over Chip Shortage

Automotive giants worldwide face unprecedented production shutdowns as semiconductor shortage worsens. Major manufacturers halt assembly lines, impacting global supply chains and vehicle availability.

Jindal Steel names Gautam Malhotra CEO, Q2 profit falls

Jindal Steel & Power appoints Gautam Malhotra as new CEO while reporting disappointing Q2 results with profit falling 12% and missing analyst estimates. Get the full analysis of the leadership change and financial performance.

India's US Oil Imports Hit 3-Year High at 540K BPD

India dramatically increases US crude oil imports to 540,000 barrels per day, hitting a 3-year peak as global energy dynamics shift. Discover how changing economics and geopolitical factors are transforming India's oil import strategy.

India's Industrial Output Steady at 4% in September

India's industrial production maintained a steady 4% growth in September 2023, with manufacturing sector showing robust performance despite global headwinds. Key sectors including mining and electricity also contributed to the positive economic indicators

Tata Steel extends rally to 5 days, hits 1-year high

Tata Steel shares extend winning streak to fifth consecutive day, hitting fresh 52-week high as analysts maintain bullish stance. Discover what's driving this impressive rally and expert price targets.

India's Steel Boom: How Russia Sanctions Helped

Discover how India turned Western sanctions on Russian steel into a golden opportunity, boosting domestic production and reducing import dependence in the speciality steel sector.

India's Core Sector Grows 6.7%, Steel Surges 12.3%

India's eight core industries show robust 6.7% growth in December 2023, with steel production soaring 12.3% and electricity generation rising 8.4%. Discover how this momentum signals strong economic recovery.

Jindal Steel Q2: Profit May Plunge 70%

Jindal Steel and Power Ltd faces challenging Q2 with projected 70% profit drop. Discover how global steel dynamics and domestic factors impact India's steel giant.

Oil Prices Set for Biggest Weekly Jump Since June

Crude oil prices are heading for their largest weekly gain since June 2024. Discover the key drivers behind this rally, from OPEC+ production cuts to geopolitical tensions, and what experts predict for the coming months.

India shifts oil imports from Russia to Middle East, US

Indian refiners are strategically diversifying oil sources, increasing Middle Eastern and US crude purchases as Russian supplies face payment and shipping challenges. Discover how this shift impacts global energy markets.

India shifts from Russian oil to Middle East, US crude

Indian refiners are strategically pivoting from Russian oil to increased Middle Eastern and US crude purchases as Moscow's war discounts narrow. Discover how this major energy realignment impacts global markets.

India Steel Crisis: Oversupply Crushes Prices

Indian steel giants face perfect storm as oversupply and cheap imports drive prices to 8-month lows. Discover how Tata Steel, JSW Steel, and SAIL are battling market pressures.

Steel Ministry Calls Urgent Meet on Import Issues

India's Steel Ministry convenes urgent stakeholder meeting to address growing concerns about steel imports and develop strategies to protect domestic industry from market pressures.

BSL Accident: Two Workers Hospitalised with Burns

Exclusive report on the industrial accident at Bokaro Steel Plant where two contract workers sustained severe burn injuries during maintenance work. Latest updates on their condition and safety investigation.

India's Core Industries Grow 7.8% in October

India's eight core infrastructure industries show robust 7.8% growth in October 2023, led by strong performance in steel, cement, and electricity sectors, signaling economic momentum.

India's Core Sector Grows 3% in Sept 2025

India's eight core industries show robust 3% growth in September 2025, with steel and cement sectors driving expansion amid strong infrastructure demand and economic momentum.

Oil Prices Fall Amid Supply Glut, Trade Talk Focus

Crude oil markets face significant pressure as swelling inventories and demand concerns trigger price declines, despite ongoing US-China trade negotiations that could impact global economic outlook.

JSW Steel Bullish on India's Steel Demand Surge

JSW Steel forecasts robust domestic steel demand driven by infrastructure boom and government policies. Company eyes market expansion amid Chinese import challenges and potential tariff protections.

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