Saturday , 27 June 2026

Steel Daily

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JSW Steel to Set Up 0.5 Million Tonne Scrap Processing Facility in Chennai

JSW Steel is setting up a 0.5 million tonne/year scrap processing facility in Chennai to recycle automotive and appliance scrap for Vijayanagar and...

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BEML Partners with Italy’s Tesmec to Introduce Advanced Surface Miner Technology in India

BEML partners with Italy’s Tesmec to introduce advanced surface miner technology in India, enabling cleaner, safer, and eco-friendly mining operations while strengthening its...

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Vedanta to Invest ₹1 Trillion in Odisha, Expanding Aluminium Operations and Creating 1 Lakh Jobs

Vedanta Group plans ₹1 trillion investment in Odisha, including aluminium parks and a ferro-alloys plant, creating over 1 lakh jobs and boosting industrial...

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NMDC Cuts Iron Ore Prices by up to ₹550 per Tonne; Targets Record 55 Million Tonne Output

NMDC has reduced iron ore prices by up to ₹550 per tonne effective October 22, revising rates for Baila Lump and Fines. The...

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Steel Ministry Achieves Major Milestone in Public Grievance Redressal under SCDPM 5.0

The Ministry of Steel has achieved 96% of its public grievance redressal targets under SCDPM 5.0, clearing 8,525 files, conducting 195 cleanliness drives,...

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ED Raids 20 Locations Over Illegal Iron Ore Exports, Freezes Rs 12.8 Crore Proceeds

Enforcement Directorate conducts raids on 20 sites over illegal export of 50,000 tonnes of iron ore, seizing Rs 42 lakh and freezing Rs...

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India’s Small Steelmakers Cut Production as Weak Demand and Monsoon Slowdown Hit Construction Sector

India’s small steel producers have cut output by nearly one third amid weak demand, falling prices, and monsoon disruptions, despite government tax cuts...

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JSW Steel Q2 FY26 Net Profit Surges 270% to ₹1,623 Crore on Record Production and Strong Exports

JSW Steel reported a Q2 FY26 net profit of ₹1,623 crore, up 270% YoY, driven by record 7.90 million tonnes steel production, strong...

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JSW to Set Up 1,166-Acre Industrial Park in Vizianagaram

Andhra Pradesh has approved JSW’s 1,166-acre industrial park in Vizianagaram, offering water, power, and land-use incentives to boost industrial growth and regional employment.

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Shyam Metalics Announces Rs 10,000 Crore ‘Vision 2031’ Plan to Expand Metals Production and Revenue

Shyam Metalics announces Rs 10,000 crore ‘Vision 2031’ to double revenue, expand steel, stainless steel, aluminium production, create 10,000 jobs, and boost exports...