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523 news items from India. Show all
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…
Jindal Steel and Power has contracted Primetals Technologies to engineer a new Hydrogen-Bearing Syn-Gas Injection System and provide site advisory services for installation and commissioning. This system will integrate…
Linde India has signed a plant sale agreement with Tata Steel Limited to acquire its industrial gas supply assets, the company announced in a stock exchange filing. The agreement follows Tata Steel's selection of Linde…
India's Union Steel Minister, H D Kumaraswamy, announced plans to advocate for an increase in steel import duties to counter the dumping of cheap Chinese steel. Speaking at the Fifth Steel Conclave organized by the…
India's Rama Steel Tubes has announced a strategic collaboration with Onix Renewable to supply steel structures for Onix's solar projects. The partnership aims to leverage Rama Steel Tubes' expertise to provide steel…
Indian state-owned iron ore miner NMDC reported a nearly 10pct YoY decline in production, reaching 3.07 mln tons in August compared to 3.41 mln tons in August of the previous year, according to a BSE filing. Sales also…
Sandur Manganese & Iron Ores has received Environmental Clearance (EC) from the Ministry of Environment, Forest, and Climate Change (MoEFCC) for its Ramghad Manganese & Iron Ore Mines. The clearance permits iron ore…
India became a net importer of steel during the April-July period, as a surge in Chinese steel imports intensified pressure on the domestic market and exports, according to a report by the Steel Ministry. Finished steel…
SAIL's Rourkela Steel Plant (RSP), in partnership with its Research and Development Centre for Iron and Steel (RDCIS), has successfully initiated the use of biochar in Blast Furnace #1. On August 24, 2024, Atanu…
The enforcement of a new mining cess, or tax, by some states, following a Supreme Court ruling, may exacerbate cost pressures for the domestic steel industry, according to rating agency ICRA. On August 14, the Supreme…
India remained a net importer of steel in the first four months of the current fiscal year, which began in April, with China being its largest supplier, according to provisional government data reported by Reuters…
The European Carbon Border Adjustment Mechanism (CBAM) tax on steel imports and the increasing need for industry decarbonization have led India to reassess its seven-year-old National Steel Policy (NSP), according to…
The demand for colour-coated steel products is set to grow by 8-10pct each year on an average driven by demand from the construction segment and manufacturers of appliances and white goods, Ranjan Dhar, the director for…
The Indian Ministry of Commerce and Industry has initiated an anti-dumping investigation into HR flat steel imports from Vietnam, according to a gazette notification. The investigation follows an application by the…
Jindal Stainless, India's largest stainless steel manufacturer, has commissioned its nickel pig iron smelter facility in Halmahera Islands, Indonesia, eight months ahead of schedule, according to a stock exchange…
India's JSW Steel Limited's Board of Directors has approved the acquisition of up to 66.67pct economic interest in M Res NSW HCC Pty Ltd for USD 120 mln through its wholly owned subsidiary, JSW Steel (Netherlands) B.V…
State-owned Steel Authority of India Limited (SAIL) reported a significant 60pct decline in consolidated net profit, totaling INR 81.78 crore (USD 9.7 million) for the quarter ending June 30, 2024. The company's total…
JSW Steel reported a 9pct YoY increase in consolidated crude steel production for July 2024, reaching 2.215 million tons, according to a stock exchange filing. In India, production rose by 13pct to 2.14 million tons, up…
Jindal Steel & Power Limited (JSPL) has strategically diversified its coking coal sources to manage geographical risks and reduce cost pressures, the company announced. This move supports India's goal of reaching 300…
India's Shyam Metalics and Energy reported substantial gains in stainless steel sales, which surged 219pct YoY to 5,699 tons in July 2024, up from 1,786 tons in July 2023. Carbon steel sales, including billets and long…
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