Contents

6 | COVER STORY

Raising the bar: Indian steel sector on capex spree

A detailed look at capacity addition plans.

13 Imported scrap offers rise

14 India pig iron production up y-o-y in June

15 May sponge iron production up 53% y-o-y

16 May crude steel production up 47% y-o-y

17 Decarbonization represent both a challenge and an opportunity: EY Report

18 | FEATURE

Price correction to be gradual: Care Ratings

Supply increase to prevent further hikes.

21 Mecon to study viability of local capacity rolls production

22 Seaborne coking coal offers rise in June

23 Car sales firm in June as leading makers report gain

25 Traffic handled by major ports up 31% till May

26 Indian Railways’ iron-ore handling up 80% till May

27 Global crude steel output up 3% in May

28 | FEATURE

Canada to support Algoma’s green plan

Funding part of Net Zero Accelerator project.

30 US Steel, Equinor to work on clean hydrogen

32 Advanced products and solutions can minimise disruption to mining

33 Trend in commodity prices

34 | CORPORATE

Tata Steel sees better profitability for steel industry

Strives to be leader in green economy transition.

37 Coal India may raise prices, revise production targets

41 | CORPORATE

NMDC steel plant delayed to FY22- end

To seek board nod for demerger plan.

43 JSW Steel to invest over Rs 25,000 crore

45 Jindal Stainless Hisar gets rating upgrade

46 Graphite India rides steel demand revival

48 GR Infraprojects sees roads, railways driving demand

49 MN Dastur to set up Carbon Capture project for ArcelorMittal

51 Corporate update

53 Government update

55 import export data

59 Price trends

60 Ferro alloy data

61 Production data

63 Consumption data