ArcelorMittal Nippon Steel India (AM/NS India) has begun acquiring land in Anakapalli district, Andhra Pradesh, for its planned integrated steel plant in Rajayapeta. The initial payment has been made, and possession is…
ArcelorMittal Nippon Steel India (AM/NS India) has launched its first scrap processing facility at its Khopoli site in Maharashtra, with a capacity of 120,000 tons per year. This is the first of four units planned…
JSW Steel will transfer its sponge iron unit in Salav, Raigad, Maharashtra, to its wholly-owned subsidiary, JSW Green Steel, as part of its plan to reduce its carbon footprint, the company announced in a stock exchange…
Steel Authority of India Limited (SAIL) has signed a strategic agreement with McKinsey & Company India LLP to accelerate its digital transformation and enhance operational efficiency. The partnership will leverage AI…
India has signed 42 agreements with 25 companies for the production of high-end steel under the second round of the Production-Linked Incentive (PLI) Scheme for specialty steel, with an estimated investment of nearly…
An incident at Tata Steel's Kalinganagar melt shop injured nine individuals, the company said in a statement, without providing specific details. Local media reports suggested the injuries resulted from an explosion at…
Steel Exchange India has increased production capacity at its billet mill and rolling bar mill at its Visakhapatnam plant in Andhra Pradesh. The billet mill capacity has been expanded by 45pct, rising from 250,000 tons…
India's trade regulator has proposed a 12pct safeguard duty on flat steel products for 200 days to curb rising imports, according to a government notice. The Directorate General of Trade Remedies (DGTR), under the…
State-owned Steel Authority of India Ltd (SAIL) plans to double the capacity of its Rourkela Steel Plant (RSP) to 9 mln tons per annum by 2030, investing INR 30,000 crore (USD 3.45 bln). Covering 1,200 acres, the…
Indian Union Minister Bhupathiraju Srinivasa Varma launched three R&D initiatives under the Steel Research Technology Mission of India (SRTMI) to advance steelmaking innovation, according to an official statement…
India's steel imports fell sharply in February to 0.6 mln tons, marking a 40pct decline sequentially and 29pct drop month-on-month. The decline was driven by concerns over an ongoing DGTR probe, which has raised…
JSW Steel recorded a 12pct YoY increase in consolidated crude steel production, reaching 2.4 mln tons in February 2025. In India, production rose 13pct YoY to 2.32 mln tons, up from 2.05 mln tons in February 2024, with…
India's finished steel imports from China, South Korea, and Japan reached a record high in the first 10 months of the financial year, according to provisional government data cited by Reuters. Imports from South Korea…
India's state-owned iron ore miner NMDC reported a 17.8 pct YoY increase in production, reaching 4.62 mln tons in February 2025, up from 3.92 mln tons in the same month last year, according to a stock exchange filing…
Rourkela Steel Plant (RSP), a unit of the state-owned Steel Authority of India Limited (SAIL), has commenced construction on its 2 mln tons per annum pellet plant. On February 14, 2025, RSP signed a contract with a…
India's Welspun Corp has established a wholly-owned subsidiary, Welspun Europe S.A., in Spain to strengthen its export presence across all business verticals, according to the company's exchange filing. Welspun…
Welspun Corp, an Indian pipe producer, has secured major orders in the US worth INR 3,000 crore (USD 345.5 mln) for natural gas pipeline projects, according to a stock exchange filing. The company has received orders…
India's finished steel imports reached a record high in the first 10 months of the financial year that began in April, according to provisional government data reported by Reuters. Steel imports totaled 8.3 mln tons…
The Indian government has mandated quality standards for stainless steel seamless pipes and tubes to curb substandard imports, promote domestic manufacturing, and ensure consumer safety. The order issued by the…
SMS group has supplied a high-capacity hot strip mill (HSM) to Jindal Steel's Angul site in Odisha, India. Designed for an annual capacity of five mln tons, the 1,780 mm mill features advanced rolling technologies for…