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522 news items from India. Show all
ArcelorMittal Nippon Steel India (AM/NS India), in partnership with INOX Air Products (INOXAP), has commissioned a state-of-the-art Air Separation Unit (ASU) with a capacity of 1,000 tons per day at its integrated steel…
India's Supreme Court has rejected JSW Steel Ltd.'s acquisition of Bhushan Power & Steel Ltd. (BPSL), a deal that was completed nearly four years ago, citing violations of the country's bankruptcy laws. The court has…
India's leading iron ore producer and exporter, National Mineral Development Corporation (NMDC), has announced a price hike of INR 440 (USD 5.1) per ton, according to a stock exchange filing. The revised prices are now…
India's Jindal Steel & Power Ltd (JSPL) reported a sharp drop in net profit for the financial year ending March 31, 2025 (FY25), according to its latest financial statement. While revenue declined marginally by 0.5pct…
NSL Green Steel Recycling, a fully owned JSW Steel subsidiary company, selected Danieli Centro Recycling technology for its new heavy-duty shredder, to be installed at Khalapur, Raigad district of Maharashtra, India. To…
India is encouraging companies to acquire iron ore, coking coal, and other key raw material assets overseas to support its expanding steel sector, Steel Secretary Sandeep Poundrik said, according to Reuters. "We are…
India's steel imports rose sharply in FY25, ended March 31, 2025, while exports saw a significant decline, according to data from the Ministry of Steel. Total steel imports reached 9.5 mln tons, marking a 14.6pct YoY…
India aims to produce 300 mln tons of steel by 2030 and position itself as a global export hub, Prime Minister Narendra Modi said at the India Steel 2025 event in Mumbai. To meet rising global demand, he emphasized the…
India's largest stainless steel producer, Jindal Stainless, in collaboration with clean energy provider AB Energia Solutions Pvt. Ltd., has successfully installed and commissioned a 30.34 megawatt-peak (MWp) solar power…
India has imposed a 12pct safeguard tariff on certain flat steel imports in a bid to curb a surge in shipments and protect domestic producers, according to a Ministry of Finance notification. The duty, effective…
Bansal Wire Industries, a leading Indian manufacturer of stainless steel (SS) and galvanized iron wires, has inaugurated its expanded SS wire facility in Dadri, Uttar Pradesh. With this expansion, the plant's annual…
ArcelorMittal Nippon Steel (AM/NS) India plans to invest USD 30 bln over the next decade to expand its steel production capacity more than fourfold, reaching around 40 mln tons per annum, a senior official said. As part…
JSW Group is establishing a green steel plant in Salav, Raigad, Maharashtra, aimed at exporting steel to the European Union (EU) in compliance with the bloc's Carbon Border Adjustment Mechanism (CBAM). The facility will…
India's iron ore exports to China dropped nearly 50pct in FY25 to 24.14 mln tons, down from 45.36 mln tons the previous year, as slowing economic activity and steel oversupply in China dampened demand. China accounted…
Jindal United Steel Limited (JUSL), part of Jindal Stainless, has awarded Primetals Technologies a contract to comprehensively upgrade its hot-strip mill at the Jajpur facility in Odisha, India. The mill, which produces…
Jindal Stainless, through its Ghaziabad-based subsidiary JSL Super Steel, has signed a long-term Power Purchase Agreement (PPA) with Sunsure Energy for 11 MWp of solar power. The energy will be sourced from Sunsure's 49…
India's steel imports surged in FY25 (ended March 2025), while exports remained subdued, according to data from the Ministry of Steel. Steel imports rose 14.6pct YoY to 9.5 mln tons, whereas exports fell by 35pct to 4.9…
JSW Steel reported its highest-ever quarterly consolidated crude steel production of 7.63 mln tons in Q4 FY25, marking a 12pct YoY increase and a 9pct rise from the previous quarter, according to a stock exchange…
Tata Steel's consolidated steel production rose by 3.54pct YoY to 30.75 mln tons in FY25, according to the company's filing with the stock exchange. Consolidated steel deliveries for the same period reached 30.86 mln…
India's Jindal Steel & Power Limited (JSPL) has acquired Haryana-based steel manufacturer Allied Strips Limited (ASL) for INR 217.53 crore (USD 25.4 mln) in cash through its wholly owned subsidiary, Jindal Steel Odisha…
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