Steel Daily
SAIL to Invest ₹30,000 Crore to Increase Rourkela Steel Plant to 9.4 MTPA by 2030
One of the first public sector steel plants in the country Rourkela Steel Plant (RSP)-is all set to undergo a massive expansion with...
Shyam Metalics Ventures into Steel Roofing with $70 Million Plant in West Bengal
Kolkata-based Shyam Metalics Limited (SML) has announced its entry into the steel roofing segment with the commencement of production from its recently commissioned cold...
Iron Ore Prices Drop as Chinese Imports and Steel Demand Weaken
Iron ore prices continued to decline in early March despite a drop in Chinese imports, reflecting weak demand in the world’s largest steel-producing...
Government Receives 73 Applications for Specialty Steel PLI Scheme
The Indian government has got 73 applications under the second round of the Production Linked Incentive (PLI) scheme for specialty steel. According to the...
NMDC Faces Production Slowdown Amid Worker Protests
The state-owned iron ore producer NMDC Limited is struggling with a slowdown in operations due to worker protests, the company announced Tuesday, March 11....
BSL Introduces Eco-Friendly Brick to Boost Steel Production
BSL had been making a pioneering move to overcome the procurement crisis of steel scrap! This green alternative acts as both a heat absorbent...
India, EU Resume Free Trade Agreement Talks After Eight-Year Pause
The negotiations for a Free Trade Agreement (FTA) between India and the European Union (EU) officially restarted today after a gap of over...
Shyam Metalics Reports Surging YoY Stainless Steel & Aluminium Foil Sales, Despite MoM Dip
Shyam Metalics and Energy Ltd have shown strong YoY growth in February 2025 for sales of stainless steels and aluminium foils, aided by improved...
Karnataka Greenlights ₹138 Crore Steel Plant in Tumakuru
The Karnataka government has accorded in-principle approval for a new steel manufacturing plant to be established in the Sira Industrial Area of Tumakuru...
India’s Steel Imports Drop 40% in February Amid Safeguard Duty Concerns; Exports Plunge 60%
Imports of steel into India plunged 40% in February to 0.6 million tonnes the lowest level since April. This drop was 29% lower than January’s...
