Steel Daily
Tata Steel Faces ₹890 Cr GST Notice for Alleged Tax Credit Irregularities
Tata Steel has received a demand-cum-show cause notice from the Central Goods and Services Tax (CGST) and Central Excise Department, Jamshedpur, which is...
India’s Core Sector Growth Slows to 9-Month Low at 0.7% in May
It was first reported by the Commerce Ministry on Tuesday; that India’s eight core infrastructure sectors grew only by 0.7% in May, which...
Indian Steel PSUs Tap Global Markets, Eye 300 MT Output by 2030
In a strategic move to secure raw materials and boost India’s steel production, three major public sector undertakings SAIL, NMDC, and MECON are...
Steel Industry Faces Turbulence After Sudden Quality Order Extension
India’s steel industry is headed for a storm after the Ministry of Steel suddenly extended the Quality Control Order (QCO) to extend into...
Kumaraswamy Inspects Salem Steel Plant, Outlines Revival Strategy for Profitability and Green Development
Union Minister of Steel and Heavy Industries H.D. Kumaraswamy inspected the Salem Steel Plant, a SAIL unit, on Thursday reiterating the government’s resolve...
India’s Steel Imports Expected to Halve in FY26 After Safeguard Duty
India’s steel imports could fall by 50% in FY 2025-26 following the imposition of a 12% safeguard duty, said Steel Ministry Secretary Sandeep...
Steel Import Rule Sparks Panic Among MSMEs, Could Trigger Factory Closures: GTRI
A sudden regulatory change by the Ministry of Steel has left India’s micro, small, and medium enterprises (MSMEs) reeling, with fears of disrupted...
Jindal Steel and Power to Rebrand as ‘Jindal Steel’; Reports ₹304 Cr Q4 Loss
Jindal Steel and Power Ltd (JSPL) will get a radical brand transformation, stripping “Power” from the group name to place greater emphasis on...
RINL to Restart Third Blast Furnace by June-End, Boosting Steel Output
State-owned steel producer Rashtriya Ispat Nigam Limited (RINL) will restart its third blast furnace (BF) by the end of June, a crucial phase...
SAIL’s ₹45,800 Cr Expansion at Burnpur Set to Reignite Bengal’s Industrial Growth
Steel Authority of India Ltd (SAIL) has initiated a huge ₹45,810 crore expansion at its IISCO Steel Plant at Burnpur, West Bengal, to...
