Steel Daily
JSW Steel Registers 14% Profit Expansion in Q4 FY25 Despite Revenue Decline
JSW Steel Limited, the top Indian steel producer, reported a 13.5% rise in consolidated net profit during the fourth quarter of the fiscal...
Tata Steel Expands Kalinganagar Plant to 8 MT, Crosses 26 MT Capacity in India
Tata Steel has commissioned its ₹27,000 crore Phase-II expansion project at its Kalinganagar plant in Odisha, increasing its overall steelmaking capacity in India...
NCLT to JSW Steel, Lenders: Present Concrete Plan to Reverse Bhushan Power Takeover by May 26
In a big move, the National Company Law Tribunal (NCLT) directed JSW Steel and its lenders to submit a clear roadmap on May...
Tata Steel Revives Neelachal Ispat, Plans 9.5 MTPA Expansion
Nearly two years since the acquisition of Neelachal Ispat Nigam Ltd (NINL), Tata Steel has managed a spectacular turnaround of the loss-making state-owned...
India’s Coal-Fired Steel Boom Threatens Global Green Targets
India’s coal-fuelled boom in steel production may be stalling global efforts to green one of the world’s most carbon-intensive sectors, a non-profit monitoring...
ArcelorMittal’s 1GW Green Power Project Begins Supplying Clean Energy to AM/NS Steel Plant
ArcelorMittal’s $700 million Andhra Pradesh green power project has finally commenced supplying green power to AM/NS India-owned Hazira steel plant in Gujarat owned...
BMW Industries Wins ₹364.69 Cr Tube Conversion Contract from Tata Steel
BMW Industries Ltd and its wholly-owned subsidiary BMW Iron & Steel Industries have bagged a big order from Tata Steel for converting hot...
Vizag Steel Plant Workers to Strike from May 20 Over Wage Delays, Staff Cuts
Over 20,000 workers of RINL-Visakhapatnam Steel Plant (VSP) will strike from May 20, demanding payment of arrears, reversal of the staff cuts, and...
Jindal Stainless Eyes 30% Jump in Exports for FY25 Amid Favorable Tariff Landscape
Jindal Stainless Limited (JSL), a top Indian stainless steel manufacturer, is eyeing a 30% export growth for the fiscal year 2024-25 to export...
Steel Ministry Plans Dedicated Mining Arm for SAIL to Boost Iron Ore Output
To boost iron ore production, the Steel Ministry is contemplating setting up a separate mining vertical within the Steel Authority of India Ltd...
