Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
523 news items from India. Show all
JSW Steel Limited and JFE Steel Corporation have initiated a pilot demonstration of cloud-based Cyber-Physical System (CPS) technologies for blast furnace operations at JSW Steel Vijayanagar Works. This digital project…
Tega McNally Minerals (TMML), a subsidiary of Tega Industries and formerly known as McNally Sayaji Engineering, has entered a consortium agreement with NMDC for the design, manufacturing, supply, erection, testing, and…
India’s steel imports reached 1.3 mln tons in the first two months (April and May) of FY25, up 37pct YoY, surpassing exports, which stood at 0.94 mln tons, down 40pct YoY. This shift underscores India’s position as a…
The Indian commerce ministry's investigation arm, the Directorate General of Trade Remedies (DGTR), has recommended continuing countervailing or anti-subsidy duties on welded stainless steel pipes and tubes from China…
Indian scrap recycler MTC Business Private Ltd receives investment from Japan’s Mitsui & Co., Ltd., solidifying a strategic partnership for the expansion of metal recycling operations in India. MTC is set to become an…
Jindal Stainless supplied stainless steel to manufacture 100 freight wagons, being exported to Mozambique, the company announced in a press release. These wagons, made up of grade IRSM 44 stainless steel specially…
Jindal Stainless has completed the acquisition of the remaining 46pct stake in Chromeni Steels (CSPL) for a total consideration of INR 277.90 crore (USD 33.2 mln). CSPL operates a cold rolling mill in Mundra, Gujarat…
The Indian Government has announced a USD 54.4 mln auction to promote hydrogen use in the steel and iron sector. MECON, the Scheme Implementing Agency (SIA), has issued a Request for Proposal (RFP) for hydrogen…
Steel Authority of India (SAIL) plans to establish a modern steel plant in Burnpur, West Bengal. The plant, near the existing IISCO Steel Plant, will have a capacity of 4.08 mln tons and is awaiting final vendor…
India's finished steel imports hit a five-year high in the first two months of the fiscal year 2024-25 starting in April, maintaining the country's status as a net importer, according to provisional government data…
Steel Authority of India (SAIL) has awarded a contract worth INR 30,438 crore (USD 3.7 bln) to Power Mech Projects (PMPl) and PC Patel Infra Consortium for a mine development and operation project (MDO), Tasra OCP…
Stainless steel maker Jindal Stainless Ltd (JSL) has sought the government's intervention to check increasing imports of steel products from a select group of countries including China. Select few countries including…
AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, has reported a significant increase of 54.24pct YoY in earnings before interest, taxes, depreciation, and amortization (EBITDA) for Q1, reaching USD…
India’s ArcelorMittal Nippon Steel (AM/NS India), has entered into an agreement with Danieli Corus for the supply of three sublance-based BOF process control systems. These systems will be installed in the three 350-ton…
Sarralle India has been chosen by Jindal Steel & Power (JSPL) to provide comprehensive services for the 250-ton RH degasser at their Angul site in Odisha, India. The project entails design and engineering…
Tata Steel reported a significant decline in consolidated net profit for the April-June quarter of FY 2023-24, with profits falling by over 93pct to INR 524.85 crores (USD 64 mln). The company attributed the decline in…
Major Indian steel producer, JSW Steel Limited, has announced its financial results for the first quarter of fiscal year 2024, ending on June 30, 2023. The company reported a substantial YoY increase in revenue…
India has outpaced China as the leading developer of coal-based steelmaking capacity, according to a recent report by Global Energy Monitor. The capacity under development globally, following the 'blast furnace-basic…
Rama Steel Tubes (RSTL), a prominent steel pipe and tube manufacturer in India, has announced the signing of a strategic Memorandum of Understanding (MoU) with JSW Steel Group. This collaborative agreement aims to…
The Tinplate Company of India Ltd (TCIL), a subsidiary of Tata Steel, has announced a significant decline in its net profit for the June quarter. The company's net profit plummeted by 96.91 pct to INR 2.62 crore (USD…
“Premium Content” marks a news item that needs a subscription to read in full.
