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523 news items from India. Show all
Vardhman Special Steels Ltd., a leading Indian steel producer, has entered into a contract with rolling mill equipment supplier Friedrich Kocks GmbH & Co. KG. The agreement entails the supply of a Reducing & Sizing…
The Ministry of Steel reported that India's overall steel import reached 484,000 tons, representing a 5.9pct month-on-month increase and a 7.6pct increase compared to June 2022. In June 2022, China accounted for 26.1pct…
Steel mills in India are experiencing a slowdown in demand in domestic markets, leading to a decrease in prices. Several factors contribute to the declining demand, including the monsoon season and seasonal weakness…
Tata Steel witnessed a decline in consolidated production, reaching 7.08 mln tons in the first quarter of FY24, compared to 7.67 mln tons in the same period of the previous financial year, according to a statement by…
JSW Steel is aiming to nearly double its capacity to 50 mln tons in the next three years, chairman Sajjan Jindal said. The company is also aiming to shift to renewable sources of power to fire the entire 50 mln tons of…
According to provisional government data, India's import of finished steel reached its highest level since 2021, totaling 0.9 mln tons in April and May. This marked a significant increase of 27pct compared to the same…
India's JSW steel reported its consolidated crude steel production increased by 11 pct YoY to 6.43 mln tons in the first quarter of FY24. Within this production figure, JSW Steel's Indian operations played a substantial…
India’s Steel Authority of India (SAIL), a state-owned company under the Ministry of Steel, has announced a notable 8 pct YoY growth in its crude steel production. During the first quarter of FY'24, SAIL produced 4.667…
NINL, a 1.1-mln-ton steel manufacturing unit in Odisha, has reached 100 pct capacity utilisation within one year of its acquisition by Tata Steel. On July 4, 2022, the steel major completed the acquisition of Neelachal…
ABB has been appointed to provide electrification and automation systems for ArcelorMittal Nippon Steel India’s (AM/NS India) advanced steel cold rolling mill (CRM) in Hazira, Gujarat. The contract at the flagship…
India’s NMDC Steel Limited (NSL) has commenced trial production of HRC from its rolling mill. The NSL team, along with MECON and technology provider Danieli, successfully completed integrated trial runs by utilizing…
Union Steel Minister Jyotiraditya M Scindia virtually inaugurated SAIL's INR 149-crore (USD 18 mln) beneficiation project at Kanker, Chhattisgarh. The project includes a silica reduction plant at Dalli iron ore mines…
According to data from the Steel Ministry, several key export markets for India's steel, including Vietnam, Italy, Spain, Belgium, UAE, and others, either reduced their orders or maintained them at the same level in May…
India plans to widen the range of steel grades covered by a government incentive program in a bid to boost output and back Prime Minister Narendra Modi’s goal to establish the nation as a global manufacturing hub. The…
Jindal Steel & Power (JSP) has joined ResponsibleSteel, showcasing their dedication to our mission of being a catalyst for socially and environmentally responsible production of net-zero steel on a global scale. As a…
The Carbon Border Adjustment Mechanism (CBAM) framework will impact India's 15-40 pct of steel exports to Europe, Icra said. The impact will be seen from the calendar year 2026 to 2034, the rating agency said in a…
ArcelorMittal Nippon Steel India Ltd (AM/NS India) will expand its Indian flagged fleet as the steel maker jointly owned by ArcelorMittal and Nippon Steel seeks to secure supply chain in the face of a shortage of Indian…
Tata Steel has announced plans for consolidated capital expenditure (capex) of INR 16,000 crore (USD 1.95 bln) for both its domestic and global operations in the current financial year. The company further specified…
The government is likely to invite financial bids for privatizing NMDC Steel only after the commissioning of the blast furnace at the company's steel plant in Chhattisgarh, according to officials. Officials expect the…
Tata Steel Limited and Germany’s SMS group have signed a Memorandum of Understanding (MoU) to collaborate on decarbonisation of steel making process. As part of the MoU, the companies shall undertake further technical…
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