Market Updates
Domestic Steel Prices Plunge to Five-Year Low Amid Rising Imports and Weak Export Demand
Domestic steel prices drop to Rs 47,000–48,000 per tonne, a five-year low, amid rising imports and weak export demand; Steel Ministry holds discussions...
L&T Secures Major Orders Worth Rs 2,500–5,000 Crore from Hindalco and Tata Steel
Larsen & Toubro’s Minerals & Metals division has secured large orders worth Rs 2,500–5,000 crore from Hindalco and Tata Steel for aluminium and...
JSW Steel to Set Up 0.5 Million Tonne Scrap Processing Facility in Chennai
JSW Steel is setting up a 0.5 million tonne/year scrap processing facility in Chennai to recycle automotive and appliance scrap for Vijayanagar and...
Sagar Cements Announces Rs 470 Crore Expansion in Andhra Pradesh, Strengthens Green Energy Initiatives
Sagar Cements announces Rs 470 crore expansion across Jeerabad, Gudipadu, and Dachepalli plants in Andhra Pradesh, adding 0.75 MT capacity. Dachepalli’s 6-stage preheater...
DRA Homes Launches iHEART – Chennai’s First Branded Sea-View Residences on OMR
DRA Homes unveils DRA iHEART, Chennai’s first branded sea-view residences in Navalur on OMR, combining premium luxury finishes, AI-driven construction monitoring, and top-tier...
Vedanta to Invest ₹1 Trillion in Odisha, Expanding Aluminium Operations and Creating 1 Lakh Jobs
Vedanta Group plans ₹1 trillion investment in Odisha, including aluminium parks and a ferro-alloys plant, creating over 1 lakh jobs and boosting industrial...
Illegal Environmental Clearance for ₹2,000 Crore Project in Pallikaranai Marshland Alleged
Chennai NGO alleges illegal environmental clearance for Brigade Enterprises’ ₹2,000 crore project inside Pallikaranai marshland, urging cancellation and investigation to protect the wetland.
NMDC Cuts Iron Ore Prices by up to ₹550 per Tonne; Targets Record 55 Million Tonne Output
NMDC has reduced iron ore prices by up to ₹550 per tonne effective October 22, revising rates for Baila Lump and Fines. The...
Steel Ministry Achieves Major Milestone in Public Grievance Redressal under SCDPM 5.0
The Ministry of Steel has achieved 96% of its public grievance redressal targets under SCDPM 5.0, clearing 8,525 files, conducting 195 cleanliness drives,...
Andhra Pradesh Fast-Tracks 190-km Amaravati Outer Ring Road Project to Boost Regional Growth
Andhra Pradesh accelerates the ₹24,791-crore Amaravati Outer Ring Road project to enhance connectivity, boost economic growth, and position the capital region as a...
