Tuesday , 23 December 2025

Steel Daily

IndustrialMarket UpdatesNewsSteel Daily

Tata Steel Targets ₹11,500 Crore Global Cost Cut in 18 Months

Tata Steel is launching a fresh cost-cutting drive aimed at saving ₹11,500 crore (approximately $1.3 billion) across its global operations within the next...

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Ministry of Steel Unveils Revamped Website to Boost Transparency and Accessibility

The Ministry of Steel has introduced its revamped official website to raise transparency, accessibility, and efficiency of operations. The new website is characterized...

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SAIL to Test Mongolian Coking Coal Import as India Eyes Reduced Reliance on Australia

India’s state-owned steel producer, Steel Authority of India Limited (SAIL), will pilot a coking coal import from Mongolia, industry and company sources said....

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Jindal India Forays into Steel Pipes & Tubes Market with ₹100 Cr Investment

Jindal (India) Ltd, a major player in downstream steel and part of the BC Jindal Group, has ventured into the steel section pipes...

Market UpdatesNewsSteel Daily

JSW One Platforms Joins Unicorn Club with ₹340-Crore Fundraise

JSW One Platforms, a B2B e-commerce subsidiary of the JSW Group, joined India’s unicorn club after it raised ₹340 crore in its recent...

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India Plans Retaliatory Tariffs on US Goods Over Steel Duties at WTO

As a retaliatory measure to persistent US tariffs on steel and aluminium, India has informed the World Trade Organisation (WTO) of its plan...

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Jindal Stainless Eyes ₹40,000 Cr Investment in Maharashtra, In Talks for Land

Jindal Stainless has considered an offer of ₹40,000 crore to establish a stainless steel plant in Maharashtra, Managing Director Abhyuday Jindal said. Citing...

Market UpdatesNewsSteel Daily

SML Reports 4% Increase in Stainless Steel Production for April

Shyam Metalics Limited (SML) reported a 4% year-on-year growth in its stainless steel production in April 2025 at 7,149 mt, the company said...

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Steel Duty Hike Could Dent MSME CE Manufacturers, Warns JCB India CEO

The proposed 12% safeguard duty on imported non-alloy and alloy steel flat products could sharply impact micro, small and medium enterprises (MSMEs) in...

IndustrialMarket UpdatesNewsSteel Daily

India Offers Duty-Free US Imports on Chosen US Goods as it Pushes for Trade Deal

India has proposed phasing out tariffs on chosen US imports such as steel, automobile parts, and pharmaceuticals up to a specified quantity every...