Steel Daily
Construction Sector Gains Momentum with Increased Steel and Cement Demand
The Reserve Bank of India (RBI) reports significant growth in the construction sector, with steel consumption rising by 9% year-on-year in October 2024....
Steel Industry at the Forefront of India’s Transformation: Union Minister HD Kumaraswamy
Union Minister for Steel and Industries, HD Kumaraswamy, underscored the pivotal role of steel in driving India’s development at the National Metallurgist Awards....
BEML Secures Major Order from CCL: ₹246 Crore Deal for Mining Trucks
Bharat Earth Movers Ltd (BEML), a prominent public sector enterprise in heavy equipment manufacturing, has secured a ₹246.78 crore contract from Central Coalfields...
Steel Demand in India to Grow 8%: Capacity to Surge by 20 Million Tons by FY2027
India’s steel industry is set to increase its annual capacity by 20 million tons between FY 2025-27, according to a recent report by...
Chennai, Hyderabad, Bellary: Mixed Movements in Steel Prices
On November 19, 2024, the southern steel markets observed mixed trends, with billet and rebar prices showing slight declines across Chennai, Hyderabad, and...
ArcelorMittal to Invest Rs 61,780 Crore in Andhra Pradesh Steel Plant, Creating 21,000 Jobs
In its first meeting since the TDP-led NDA came to power, the State Investment Promotion Board (SIPB) of Andhra Pradesh approved an investment...
Government Acts on Rising Steel Imports: Minister Kumaraswamy Responds to Industry Concerns
The Indian government is actively addressing concerns related to rising steel imports, particularly substandard materials, according to Union Steel Minister H D Kumaraswamy....
Steel Companies Anticipate Improved Demand and Margins in Q3FY25
Steel companies are set for better performance in Q3FY25, driven by improved demand and stable pricing trends, according to a Centrum report. The...
Hindustan Zinc’s Tungsten Mining Plan Draws Strong Opposition in Tamil Nadu
Residents, environmentalists, and activists in Melur staged a protest on Monday demanding that the Tamil Nadu government deny permission to Hindustan Zinc Limited...
Aditya Ultra Steel to Set Up Rs 15-Crore Solar Plant in Gujarat
Aditya Ultra Steel, a leading rolled steel products manufacturer, will establish a 5 MW solar power plant in Jasdan, Rajkot, Gujarat, to meet...
