Steel Daily
Jindal SAW to Invest $118 Million in Middle East Pipe Manufacturing Projects
India’s Jindal SAW Limited has decided to make a hefty $118 million investment to grow its steel pipes and tubes business throughout the...
JSW Steel Sees 8% Rise in Crude Steel Output in May, Logs 13% Growth YTD
JSW Steel Limited reported a consolidated year-on-year growth of 8% in its crude steel production for May 2025 to 2.273 million metric tonnes...
Welspun Corp Hits 52-Week High on Repeat Middle East Order and Rs 19,553-Cr Order Book
Shares of Welspun Corp Limited soared 6.8% on Thursday, hitting a fresh 52-week high of ₹973 on the BSE, buoyed by a major...
ArcelorMittal Nippon Steel Shifts Focus to Andhra Pradesh as Odisha Project Stalls
Steel behemoth ArcelorMittal Nippon Steel India (AMNS India) is gaining momentum to set up a ₹55,964-crore greenfield steel plant in Andhra Pradesh, while...
Trump Doubles US Tariffs on Steel and Aluminum to 50% in Aggressive Trade Push
The U.S. will double its duties on steel and aluminum imports to 50% beginning Wednesday, President Donald Trump directed, ramping up his administration’s...
AM/NS India Launches High-Performance Colour-Coated Steel Products, Eyes 25% Market Share
ArcelorMittal Nippon Steel India (AM/NS India) launched two high-performance colour-coated steel products Optigal Prime and Optigal Pinnacle with a grand entry in the...
MOIL Cuts Manganese Ore Prices Across the Board for June
India’s public sector manganese ore producing company MOIL Limited has reduced prices for all grades for June exports, the company stated on Monday....
Govt May Double Safeguard Duty on Steel to 24% Amid China Dumping Fears
The government is mulling a doubling of the safeguard duty on steel imports from the existing 12% to up to 24%, aimed at...
Trump’s 50% Steel Tariff May Not Hit India Directly, but Global Trade Sentiment at Risk
Former US President Donald Trump has announced a sharp hike in import tariffs on steel and aluminium, doubling them to 50% starting June...
Welspun Corp Q4 Profit Rises 160%, Amid Revenue Decline
Welspun Corp, the largest Indian producer of specialty steel pipes and tubes, has reported a steep 160% increase in consolidated net profit in...
