Steel Current Affairs - 2019

Category Wise PDF Compilations available at This Link

India turns out to be Net Steel Importer in 2018-19 Fiscal

For the first time in three years, India was the net importer of steel during the financial year 2018-19. This was attributed to India losing market share among its traditional steel buyers and an increase in imports of higher-quality steel domestically. Indian Steel Exports Indian steel exports fell by 34 percent to 6.36 million tonnes in Read More…

Month:  Categories: Business, Economy & BankingUPSC

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Core Industrial Output increased in February

The output from the eight core sectors which include coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity witnessed a growth of 2.1 per cent in February, compared to the corresponding month last year as per the data from the Ministry of Commerce and Industries. How Core Industries Performed? The production of Read More…

Month:  Categories: Business, Economy & Banking

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Growth Rate in the Core Sector witnesses Decline

The growth rate eight core sectors which include coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity witnessed a decline as per the data from the Ministry of Commerce and Industries. Reduced growth rate of Core Sector The core sector which had witnessed a 6.2% growth in January 2018 witnessed a growth Read More…

Month:  Categories: Business, Economy & BankingUPSC

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India’s core sector growth drops to a 16-month low in November

The data from the Ministry of Commerce and Industries has shown that the growth in the eight core sectors of the economy fell to a 16-month low of 3.5 per cent in November. The eight core sectors are coal, crude oil, natural gas, refinery products, fertilizer, steel, cement and electricity. Growth of Core Sectors The Read More…

Month:  Categories: Business, Economy & Banking

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India drags US to WTO over imposition of duties

India has dragged United States (US) to World Trade Organisation’s (WTO) Dispute Settlement Mechanism over imposition of import duties on steel and aluminium. India stated that decision will of imposition of import duties impact its exports of these products to US and is not in compliance with global trade norms. Key Facts India has sought Read More…

Month:  Categories: Business, Economy & Banking

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