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522 news items from India. Show all
The Indian government will launch a new round of the production-linked incentive (PLI) scheme for the steel sector. Steel Minister H D Kumaraswamy will announce the 'PLI Scheme 1.1' and invite applications on January 6…
The Indian government announced that 151 steel standards developed by the Bureau of Indian Standards (BIS) have been incorporated into the Quality Control Order (QCO). Efforts are ongoing to create standards for all…
India's largest iron ore miner, NMDC Ltd, reported a 5.1pct YoY increase in production for December 2024, reaching 4.71 mln tons, up from 4.48 mln tons in December 2023. However, sales of iron ore declined by 6.7pct…
India's Rama Steel Tubes Limited has reported its sales volume performance for Q3 FY25 and the first nine months of FY25. In Q3 FY25, the company achieved a sales volume of 51,669.01 tons, up 10pct YoY from 50,921.67…
India's Sandur Manganese & Iron Ores has received approval to increase its annual iron ore production limit. The company will raise its production capacity from 3.81 mln tons per year to 4.36 mln tons per year…
Suzlon Group has secured a 302.4-megawatt (MW) wind power project from Jindal Renewables, following a 400-MW wind power deal with the same company just over a month ago. Both projects will be located in the Koppal…
The Steel Authority of India Ltd (SAIL), a state-owned enterprise, has entered a strategic partnership with the TEXMiN Foundation of IIT (ISM) Dhanbad to accelerate innovation in mining and metallurgy. As part of this…
India has announced restrictions on the import of low-ash metallurgical coke, according to a notification from the Directorate General of Foreign Trade (DGFT). From January to June 2025, imports will require…
India remained a net importer of finished steel during the April to November period, with imports rising 26.6pct YoY to 6.5 mln tons, while exports declined by 23.6pct to 3.154 mln tons. China dominated India's steel…
Jindal Saw announced it has signed an agreement to acquire a 31.20pct equity stake in ReNew Green Energy. In a regulatory filing, Jindal Saw stated, "We have entered into a share purchase agreement with ReNew Green…
India's Vraj Iron and Steel has successfully begun commercial operations of its sponge iron plant on December 23, 2024. The plant is part of an expansion project located in Dighoia, Bilaspur, Chhattisgarh. The company…
The Directorate General of Trade Remedies (DGTR), under the Commerce Ministry, has launched a safeguard investigation into the imports of non-alloy and alloy flat steel products, according to an official notification…
Tata Steel has partnered with Danieli India to replace the lower and upper stacks of several Basic Oxygen Furnace (BOF) converters at its Jamshedpur plant. The project had been delayed for an extended period due to its…
JSW Steel announced the consolidation of its U.S.-based coal mining subsidiaries in West Virginia. The restructuring involves merging step-down subsidiaries Purest Energy, LLC with its parent Periama Holdings, LLC, and…
India is expected to impose a safeguard duty of up to 25pct on steel imports to counter cheap supplies, primarily from China, Reuters reported. Major producers like JSW Steel, Tata Steel, and ArcelorMittal Nippon Steel…
India's Vardhman Special Steels has collaborated with Kocks to order the country's first 4D EAGLE S profile measuring system. Introduced in April 2024, the 4D EAGLE S is an advanced in-line profile measuring gauge…
Tata Steel is in talks with NMDC and Odisha Mining Corporation (OMC) to ensure future iron ore supplies as it scales up its domestic steel manufacturing capacity. As part of its strategy for raw material security, the…
ICRA projects that domestic steel industry capacity utilization will dip below 80pct in FY2025 for the first time in four years, as cheap imports continue to take market share. The credit rating agency warned that the…
The Indian government is considering imposing a 25pct safeguard duty on flat steel imports, Union Steel Minister H.D. Kumaraswamy announced. According to reports, the proposal is under review, with a final decision to…
India's Competition Commission (CCI) has approved the acquisition of Thyssenkrupp Electrical Steel India Pvt Ltd by JSquare Electrical Steel Nashik Pvt Ltd, a subsidiary of JSW JFE Electrical Steel Pvt Ltd (J2ES). J2ES…
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