Tata Steel reported a 4.56pct YoY increase in crude steel production, reaching 5.27 mln tons in Q2 FY25 from its Indian operations. During the same period, Tata Steel India recorded a 5pct YoY rise in deliveries…
The Steel Authority of India Limited (SAIL), India's largest government-owned steel producer, has partnered with leading global resources company BHP to advance steelmaking decarbonization through a signed Memorandum of…
Indian state-owned iron ore miner NMDC reported a 1.33pct YoY increase in production, reaching 3.04 mln tons in September, up from 3 mln tons in the same month last year, according to a BSE filing. Sales also rose by…
India's leading iron ore producer and exporter, the National Mineral Development Corporation (NMDC), has raised prices by INR 400 (USD 4.76) per ton for both lump and fines iron ore. According to a stock exchange…
India's Directorate General of Trade Remedies (DGTR) has launched an anti-dumping investigation into imports of cold-rolled non-oriented electrical steel (CRNGO) from China, according to an official notification. The…
Jindal Stainless, India's largest stainless steel manufacturer, has teamed up with CJ Darcl Logistics Limited to develop lightweight and sustainable stainless steel containers. These containers are made from…
The Indian government is exploring the merger of Rashtriya Ispat Nigam Ltd (RINL) with another state-owned steel company, SAIL, as a potential solution to address RINL's financial and operational challenges. RINL…
India's finished steel imports from China reached a seven-year high in the first five months of the 2024/25 fiscal year, according to provisional government data reported by Reuters. Overall, India's finished steel…
Tata Steel has successfully commissioned India's largest blast furnace at its Kalinganagar facility in Odisha, according to a stock exchange filing. The phase II expansion, with a total investment of INR 27,000 crore…
Jindal India Limited, a major player in India's downstream steel industry, has announced plans for a capital expenditure of INR 1,500 crore (USD 179 mln) to significantly boost its production capacity. The expansion…
ArcelorMittal Nippon Steel India (AM/NS India) has invested nearly INR 1,000 crore (USD 119 mln) in its Gujarat plant to establish a production line for Magnelis, a patented flat carbon steel with a…
Tata Steel is set to commission the phase-II expansion of its Kalinganagar plant, which will increase its steelmaking capacity from 3 mln tons per annum to 8 mln tons per annum. This expansion solidifies Odisha as the…
The state-owned RINL steel plant is in a severe crisis following the shutdown of its second blast furnace last week due to a shortage of funds and raw materials, especially coking coal, according to local media reports…
Jindal Steel & Power Limited (JSPL) and Jindal Renewable Power Private (JRPL) have signed a memorandum of understanding (MoU) for India's largest green hydrogen investment by a steelmaker. The MoU outlines JSPL's plan…
JSW Steel reported a 1pct YoY increase in consolidated crude steel production for August 2024, reaching 2.31 mln tons, according to a stock exchange filing. In India, production rose by 2pct to 2.24 mln tons, up from…
NMDC, India's leading iron ore producer, has allocated INR 2,200 crore (USD 262 mln) for FY 2025 to establish a slurry pipeline and new processing plants, targeting a production increase to 100 mln tons by 2030. Amitava…
ICRA forecasts a 9-10pct growth in domestic steel consumption for the current financial year. The first quarter saw a robust 15pct YoY increase in steel consumption, driven by competitively priced imports. ICRA…
The Indian Ministry of Finance has extended the countervailing duty on imports of welded stainless steel pipes and tubes from China and Vietnam for an additional five years. This decision follows the Directorate General…
Giridhan Metals awarded AIC a contract for automation and fast finishing area equipment for their 350,000 tons per annum bar mill. The mill, which was commissioned in June 2023, has significantly enhanced productivity…
India's Welspun Corp has announced a board-approved investment of approximately USD 100 mln to upgrade its pipe manufacturing unit in the United States, according to a stock exchange filing. The investment, to be made…