Contents

6 | COVER STORY

Good times for steel makers to continue

Views of industry experts on current sector upcycle.

14 Imported scrap offers fall

15 India pig iron production up in July

16 June sponge iron production flat on year

17 India June crude steel production up 21.4%

18 Adani bags the biggest mines in coal block auction

19 | FEATURE

PLI scheme to reduce import dependency

Industry promises investment.

23 Cabinet approves MoU with Russia on coking coal

24 Graphite electrode sector sees demand rising

26 Stressed plants acquired via IBC seeing faster turnaround

27 Seaborne coking coal offers rise in July

28 Motown gains momentum as sales move north

30 Iron-ore handled by major ports up 18% in Q1

31 Railways’ iron-ore handling up 57% in Q1

32 Global crude steel output down 4% sequentially

33 | EXPERT SPEAK

AM/NS develops special plates for NPCIL

Indigenous steel grade to replace imports.

35 | INTERNATIONAL

ArcelorMittal sees 60% jump in quarterly EBITDA

Profits reflect strong performance of AM/ NS India.

40 S&P sees Tata Steel EBITDA hitting Rs 1 trillion by FY23

41 SAIL biggest beneficiary of high prices: analysts

43 AM/NS posts 450% quarterly EBITDA growth

45 JSPL Q1 profit rises 10 times

47 Jindal Stainless group goes for major capex plan

49 | CORPORATE

Godawari Power plans project under PLI scheme

Eyes API grade and coated steel.

51 Corporate update 53 Government update

55 Import export data

59 Price trends

60 Ferro alloy data

61 Production data

63 Consumption data

64 Import data

65 Export data