Metal
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...
BEML Partners with Italy’s Tesmec to Introduce Advanced Surface Miner Technology in India
BEML partners with Italy’s Tesmec to introduce advanced surface miner technology in India, enabling cleaner, safer, and eco-friendly mining operations while strengthening its...
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...
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,...
ED Raids 20 Locations Over Illegal Iron Ore Exports, Freezes Rs 12.8 Crore Proceeds
Enforcement Directorate conducts raids on 20 sites over illegal export of 50,000 tonnes of iron ore, seizing Rs 42 lakh and freezing Rs...
India’s Small Steelmakers Cut Production as Weak Demand and Monsoon Slowdown Hit Construction Sector
India’s small steel producers have cut output by nearly one third amid weak demand, falling prices, and monsoon disruptions, despite government tax cuts...
JSW Steel Q2 FY26 Net Profit Surges 270% to ₹1,623 Crore on Record Production and Strong Exports
JSW Steel reported a Q2 FY26 net profit of ₹1,623 crore, up 270% YoY, driven by record 7.90 million tonnes steel production, strong...
