India has emerged as the fourth largest producer of steel in the world and with rapid growth in foreign direct investment (FDI). the capacity and production is set to surge higher. India's per capi....

At India's National Commodity and Derivatives Exchange (NCDEX), steel long futures continue to trend lower in early morning trade on Monday while steel manufacturers are nervous about Chinese steel....

India's steel imports saw a more than 50% increase in the month of April on the back of improving domestic demand scenario, as per a recent report by the country's Joint Plant Committee (JPC)....

The Indian steel industry has missed its 2011/2012 production target by a whooping 40%, thanks to land acquisition troubles which have left multiple projects just words on paper.....

After a disappointing 2011, Indian steel demand is expected to pickup strongly in 2012 and grow faster than global demand growth, a new report by the World Steel Association (WSA) indicates.....

At India's National Commodity and Derivatives Exchange (NCDEX), steel long futures are trading up on Thursday. NCDEX steel long April contract is trading at Rs 34150, up 0.71% as of 11:24 AM IST.....

India's steel production rose by more than 6% during the April- February period of the current fiscal year, Steel Minister Beni Prasad Verma wrote in a letter to the Lok Sabha.....

India's net steel imports have fallen to 2.503 million tonnes during April 2011-January 2012, latest data shows. India has been a net importer of steel since 2007-08 as consumption outstripped prod....

The hardships of the Indian steel producing industry deepened after the Supreme Court postponed its verdict on the infamous illegal iron ore mining scam in Karnataka.....

JSW Steel, one of the major Indian steel producers, has asked the government to curb export of iron ore by raising its export duty to 35%.....

Steel prices may India may be due for a rise on account of the recent rail freight increase. Benchmark NCDEX steel long prices have been surging since February and is currently trading near Rs 3500....

NCDEX steel long is trading in the red on Friday with March contract down Rs 170 or 0.49% as of 11:20 AM IST. Steel prices continue to reel under the pressure of lacklustre demand and the cheaper s....

On the daily NCDEX Steel Long March contract price chart (show at the bottom), for the last couple of days, prices have been trading in the consolidation phase and today the prices of NCDEX Steel L....

NCDEX steel long has been on a constant downtrend after hitting a peak of around Rs 34000/tonne in early January. However, indications from China present a much better outlook over the next few mon....

The Central Empowered Committee (CEC), appointed by the Supreme Court, has recommended suspending licenses of almost 49 iron ore miners from Karnataka while fining 72 other miners for illegal activ....

NCDEX Steel Long is trading down by over 2% on Tuesday after prices broke through and opened below the critical support at Rs 33000. January month contract is trading at Rs 31900, down 2.24% as of ....

NCDEX steel prices continue to move higher with January month contract trading at Rs 34130 as of 03:25 PM IST. Open interest is at 20970 with the intraday high at Rs 34180 and low at Rs 33950.....

India, presently ranked fourth in global steel production will replace USA asthe third largest producer, accordign to Ronald E Ashburn, Executive Director of Association for Iron and Steel Industry....

NCDEX steel has posted impressive gains in the month of October thanks to a rally in the commodities market in international markets....