Steel Daily
JSW Steel Fast-Tracks ₹65,000 Cr Paradip Plant as Plan B Amid Bhushan Legal Uncertainty
JSW Steel is looking to focus on its new greenfield project at Paradip, Odisha, as the resolution plan of ₹19,700 crore for Bhushan...
China’s Mega Dam Sparks Steel Price Surge and India’s Security Fears
The world’s largest hydropower dam-in-the-making from China has been spurred onto a tumultuous ride over iron ore and steel prices by announcing the...
Steel Exchange India Bags ₹210 Cr Contract from RINL for Vizag Steel TMT Rebar Conversion
In an extraordinary turn of events, Steel Exchange India Limited (SEIL) has just bagged a major contract from RINL, popularly known as Vizag...
JSW Steel Urges Higher Import Safeguard Duty as Steel Influx Rises
JSW Steel has called for stronger import safeguards to protect India’s steel industry from a fresh wave of cheap overseas supplies. Jayant Acharya,...
JSW Steel Acquires Odisha-Based Saffron Resources for ₹679 Crore in Expansion Push
JSW Steel Ltd has acquired a 100% equity stake in Saffron Resources Pvt Ltd for ₹679.34 crore, which the company intends to use...
JSW Steel Posts Strong Q1 FY26 Results, Stays Wary Amid Import Threats
For the FY26 first quarter, JSW Steel produced a fine set of numbers with net profit at ₹2,209 crore-more than double from ₹867...
AM/NS India Commissions Nation’s First Advanced High-Strength Steel Line for Auto Sector
With the inauguration of a newly commissioned Continuous Galvanizing Line (CGL), ArcelorMittal Nippon Steel India (AM/NS India) is now the only plant in...
Steel Ministry Tightens Scrutiny on ₹4,000-Cr Non-BIS Imports Amid Surge in Quality Violations
The Ministry of Steel has launched an extensive inquiry into a ₹4,000-crore trade in non-BIS-certified steel from Japan, South Korea, and China, given...
Wheels India Sets Foot in Europe with New Subsidiary, €50,000 Capital Infusion
Wheels India Ltd (WIL) made a move toward strategic internationalisation into Europe by establishing a new subsidiary – WIL Europe GmbH – in...
Vizag Steel Plant to Privatise Firefighting Services Amid CISF Exit
In a very stirring development, the Vizag Steel Plant (VSP) will go for privatising firefighting, prevention and rescue services. The management has floated...
