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As per worldsteel, India's crude steel production in 2018 was at 106.5 million tonnes (MT), 4.9% increase from 101.5 MT in 2017, which means that India overtook Japan as the world's second largest steel production country. Japan produced 104.3 MT in year 2018, decrease of 0.3% compared to year 2017.
Constituted in 1964 by the Ministry of Steel, Government of India for formulating guidelines for production, allocation, pricing and distribution of iron and steel materials, Joint Plant Committee (JPC) underwent a major transformation in 1992, when following the de-regulation of Indian steel industry, it moulded itself into a facilitator for industry, focusing on giving form to a ...
The Tinplate Company of India Limited (TCIL) is a subsidiary of Tata Steel. Founded in 1920, TCIL is India's oldest and current largest tinplate manufacturer. The company is described as having "pioneered the tinplate industry in India". [84] TCIL has a 70% market share in India and exports a fourth of its products outside India. [85] [86]
In 2008, 2009, 2015 and 2016 output fell in the majority of steel-producing countries as a result of the global recession. In 2010 and 2017, it started to rise again. Crude steel production contracted in all regions in 2019 except in Asia and the Middle East. India is the 2nd leading producer of iron and steel industries. [citation needed]
The equity shares of JSPL are listed on the Bombay Stock Exchange [12] and the National Stock Exchange of India. [13]Shareholding: On 31 March 2022, the promoter group Jindal Group held 60.5% of its equity shares. 27% of the shares were owned by the Institutional Investors.
A dramatic improvement in the prospects for United States Steel (NYSE: X) being sold to a foreign buyer led to a rally in the stock on the last trading day of the year. The storied industrial ...
Mjunction services limited operating in Information Technology and the Internet, is a 50:50 venture promoted by SAIL and TATA Steel. Founded in February 2001, it is today not only India's largest eCommerce company (having eTransacted worth over Rs. 900 billion till date) but also runs the world's largest eMarketplace for steel. [15]
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