Metal
Steel Consumption in India Projected to Grow 9–10%: Steel Secretary
India’s steel sector is set for 9–10% growth this year, supported by GST 2.0 reforms, construction demand, and government safeguards. Steel Secretary Sandeep...
Visakhapatnam Steel Plant to Remain in Public Sector: Lokesh Reaffirms
Andhra Pradesh IT Minister Nara Lokesh reaffirmed that the Visakhapatnam Steel Plant will not be privatised. He credited the TDP-BJP government for securing...
UCCIL Warns 30% Export Duty on Low-Grade Iron Ore Could Hit Industry and State Revenues
UCCIL warns that the 30% export duty on low-grade iron ore could reduce production, hurt domestic prices, and cost mining states over ₹16,200...
Maharashtra Signs ₹80,962 Crore Investment Pacts at Steel Mahakumbh, Over 40,000 Jobs to be Created
Maharashtra secures ₹80,962 crore in steel investments at Steel Mahakumbh, creating over 40,000 jobs across multiple districts, boosting industrial growth.
L&T Secures Major Orders Across Mining, Tyre Machinery, and Valve Segments
Larsen & Toubro (L&T) has bagged significant orders in mining equipment, tyre machinery, and valve projects, boosting its domestic and global growth momentum.
GST 2.0: Affordable Housing Gains Momentum, But Key Challenges Remain
GST 2.0 is set to boost affordable housing with a 1% rate and reduced costs, but supply chain delays and rising labour costs...
India’s Demand Shields Steel Sector from China’s Export Flood, Says Tata Steel CEO
Tata Steel CEO T.V. Narendran says India’s strong demand shields domestic steelmakers from China’s cheap exports, while Kalinganagar expansion stays on track.
Centre Launches ₹5,000 Crore National Mission for Sustainable Steel to Cut Carbon Emissions
The Indian government is launching a ₹5,000 crore National Mission for Sustainable Steel to promote clean steel-making technologies and reduce carbon emissions. Focused...
Jindal Group Makes Takeover Offer for Thyssenkrupp’s Steel Division
India’s Jindal Group has made a takeover offer for Thyssenkrupp’s struggling steel division. The proposal focuses on green steelmaking, job security, and long-term...
Karnataka Mining Sector Faces Major Setback Over Proposed 30% Export Duty
Karnataka’s mining industry warns of severe crisis as Centre proposes 30% export duty on low-grade iron ore, alongside the Maximum Permissible Annual Production...
