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522 news items from India. Show all
Tata Steel has made significant investments in advanced generative AI platforms, developing over 550 AI models to enhance output, productivity, and quality. The company positions itself at the forefront of technological…
JSW Steel Dolvi has commissioned SMS to supply a 350-ton BOF converter, along with a twin ladle furnace, gas cleaning plant, and automation systems (Level 1 and Level 2). This project is part of JSW Steel's strategic…
India's state-owned iron ore miner NMDC reported a 12.3 pct YoY increase in production, reaching 5.1 mln tons in January 2025, up from 4.54 mln tons in the same month last year, according to a stock exchange filing…
India remained a net importer of steel in the first nine months of FY25 (April-December), as imports continued to outpace exports, according to a Union Steel Ministry report. Total steel imports during the period stood…
Jindal Steel & Power Ltd (JSPL) reported a significant decline in net profit for the third quarter of FY 2024-25, ending December 31, 2024, due to higher costs and lower margins. Revenue increased marginally by 0.42pct…
Jindal Stainless reported a 5.3pct YoY decline in consolidated net profit for the October-December quarter (Q3FY25), with profit falling to INR 654 crore (USD 75.5 mln) from INR 691 crore in the same period last year…
Tata Steel has become India's first steel company to demonstrate end-to-end capabilities in developing pipes for hydrogen transportation, marking a key milestone in the country's National Hydrogen Mission. The API X65…
India's Union Minister H.D. Kumaraswamy unveiled an INR 20,000-crore (USD 2.3 bln) expansion plan for SAIL's Bokaro Steel Plant (BSL), aiming to boost its capacity to 7.55 mln tons per annum. Established in 1965, the…
Tata Steel posted a 43.41pct YoY decline in consolidated net profit after tax, falling to INR 295 crore (USD 34.1 mln) in Q3 FY25, ending December 31, 2024, compared to INR 522 crore in the same period last year…
JSW Steel Limited, India's leading steel producer, announced its financial results for Q3 FY25, ending December 31, 2024. The company reported a consolidated net profit of INR 719 crore (USD 83.4 mln), marking a steep…
Tata Steel is set to decommission the Coke Oven Battery #7 at its Jamshedpur Works on January 27, 2025, after an impressive 36 years of service. Commissioned in 1989, this was India's first stamp-charge coke oven…
INOX Air Products (INOXAP), one of India's leading industrial gas manufacturers, has commissioned its largest Air Separation Unit (ASU) to date at the Steel Authority of India's (SAIL) Bokaro Plant. The new facility…
JSPL has ordered the new Danieli Direct Quench (DQ) system Exstream II for its Steckel mill, also known as a reversible finishing mill, in Raigarh, India. This advanced cooling system will significantly improve cooling…
ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, is set to launch two advanced production lines this year dedicated to manufacturing automotive steel. The new lines…
India remained a net importer of steel during the first nine months of FY25 (April-December), with imports nearly doubling exports. According to an internal report from the Steel Ministry, steel imports surged by over…
Steel Authority of India (SAIL) and John Cockerill India plan to invest nearly INR 6,000 crore (USD 693 mln) to establish a downstream plant for producing cold-rolled grain-oriented (CRGO) and cold-rolled non-oriented…
JSW Steel announced that its consolidated crude steel production increased by 2.3pct to 7.03 mln tons in the third quarter of the current fiscal year. This is up from 6.87 mln tons in the same period last year…
Steel prices in 2025 could rise significantly if the proposed safeguard duty on imports is imposed by the end of next month, according to Crisil. Domestic prices are currently under pressure due to global price…
India's Tata Steel reported a 6pct increase in crude steel production, reaching 5.68 mln tons in Q3 FY25, up from 5.35 mln tons in the same quarter last year. For the first nine months of FY25, the company's steel…
NMDC Steel (NSL), an Indian steel producer with a capacity of 3 mln tons per annum, has become the first in the country to receive the Bureau of Indian Standards (BIS) certification for hot rolled steel strip, sheet…
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