Wire & Cable India

Tag : Steel Industry

Special Feature

Steeling the Show: Government Schemes Pave Way for Steel Wire Market

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The growth prospects of the steel wire industry depend on the fortune of the primary steel industry which looks quite promising. Over the years, steel has contributed immensely to the development of the Indian economy. The sector contributes around 2 percent of the country’s GDP and employs around 25 lakh......
Headlines Special Feature

Global Wires India–Tata Steel: Steel Industry is Bouncing Back

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“From Gogte Steel Amalgamation in 1979 to a subsidiary of Tata Steel and subsequently, to become a division of Tata Steel in 2002, GWI has come a long way.” A division of Tata Steel Ltd., Global Wires India (GWI) is one of the largest steel wire manufacturers in the world......
Headlines Special Feature

Jindal Steel and Power: Indian Steel Sector Scripting a Strong Growth Story

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“We plan to produce around 12.6 million tonnes of steel in FY24. To achieve this objective, we have earmarked an outlay of INR 18,000 crore to be utilised for the expansion projects.” Founded four decades ago – in 1979, Jindal Steel and Power Ltd. (JSPL Group) is an Indian steel......
Headlines Special Feature

Viraj Profiles: Building and Construction Sector Expected to Witness Fastest Growth in Future

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“Our high-quality products are well known amongst companies operating in steel, defence, construction & structural buildings, power, petrochemical and marine industries.” Equipped with integrated manufacturing facilities and trust of delivering premium quality for two decades, Viraj Profiles Ltd. has emerged to be one of the leading manufacturers and exporters of......
Headlines Special Feature

Bharat Wire Ropes: Tapping the Untapped Potential with State-of-the-Art Capabilities

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“BWRL’s Chalisgaonplant, one of the world’s largest wire rope making facilities, with an annual production capacity of 66,000 MT, is central to our value-creating model.” With its foundation which was laid in 1986, Bharat Wire Ropes (BWR) Ltd. has carved a strong niche as a well-known company providing wire ropes......
Headlines Special Feature

Vividh Wires: R&D Efforts have Opened New Markets for Us

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“As a group with over 40 years of experience in the steel industry, our Greenfield expansion into stainless steel wire drawing has empowered us to scale new heights over the last five years.” Vividh Wires Ltd. is the stainless steel wire division of the diversified Vividh Group. The company has......
News

Rashtriya Ispat Nigam Floats Export Tender for 12000 MT Wire Rod

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Rashtriya Ispat Nigam Limited, also known as Vizag Steel, is a government-owned steel producer based in Visakhapatnam, India. July 20, 2021 The State-run steel producer — Rashtriya Ispat Nigam Limited (RINL) has floated an export offer sale for 12000 MT wire rod (5.5-6.5mm) through tendering route. The ocean export e-tender......
News

Jindal to Invest INR 7500 Crore to Set Up 2.25 Million Tonnes Capacity Steel Plant in Nellore

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Jindal Steel Andhra Limited has proposed to set up the plant for manufacturing of TMT bars and wire rods. July 16, 2021 Jindal Steel Andhra Limited, part of OP Jindal Group, has been allotted 860 acres of land in Thamminapatnam of SPSR Nellore district of Andhra Pradesh to set up......
News

Mukand Limited to Increase Stainless Steel Production to 1,50,000 TPA

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The production and sales of specialized stainless steel long products at the Thane plant was affected due to the diversion of oxygen for medical purposes. July 16, 2021 Special steel maker Mukand Limited will shortly be enhancing its production and sales of stainless steel at the Thane facility from 1,00,000......
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ICRA Revises Steel Industry Outlook to Negative, Estimates Demand Fall by 20 Percent in FY21

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According to official data, India consumed 100 million tonnes of steel during financial year ended March 2020. May 19, 2020 Rating agency ICRA has revised steel industry outlook to negative from stable as back-to-back extensions of lockdown is likely to result in a severe steel demand slowdown which is estimated......