Steel Daily
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...
RINL to Monetise ₹200 Cr in Land Assets in FY26 Amid Financial Strain
In a continued effort to stay afloat amid mounting financial pressure, state-run steelmaker Rashtriya Ispat Nigam Ltd (RINL) has identified non-core land parcels...
Auto Sector Braces for Profit Squeeze as 12% Steel Duty Kicks In
India’s move to impose a 12% safeguard duty on select steel imports is set to dent the auto sector’s profitability in FY26, with...
Centre Tightens Steel Procurement Norms with New ‘Melt and Pour’ Rule for Government Projects
In a firm thrust towards developing indigenous manufacturing and cutting back on the reliance on imported components, the Central government has issued a...
Sarda Energy & Minerals Posts 15% Jump in Q4 Profit, Annual Net Rises 34%
Indian steel and mineral producer Sarda Energy and Minerals Limited on Monday reported a 14.74% year-on-year rise in its net profit for the...
SAIL Taps ABB for Digital Twin Technology to Upgrade Rourkela Steel Plant
To upgrade operations and remain ahead of the competition in an increasingly competitive market, the Steel Authority of India Limited (SAIL) has entered...
