Steel Daily
Sourav Ganguly’s Steel Plant to Start Production in 18-20 Months
Speaking at the news conference, Sourav Ganguly noted that his inauguration for the steel plant in West Bengal was a transit to the industrial...
Tata Steel CEO Calls for Government Action to Curb Rising Steel Imports
Tata Steel CEO T V Narendran has urged the government to take immediate action to control rising steel imports, which he says are...
Report: Safeguard Action on Steel Imports Likely to have Minimal Impact
Rising imports have prompted the Ministry to consider levying a safeguard duty on steel imports, but HDFC Securities in a recent report stated that...
Government Weighs Options to Shield MSMEs from Steel Price Surge Amid Safeguard Duty Talks
The Indian government is mulling to protect micro, small, and medium enterprises (MSMEs) from a possible increase in steel prices if safeguard duties...
GPIL: Net Profit Falls 37% in Q3 FY 2024-25
Godavari Power and Ispat Limited (GPIL), an Indian steel and pellet producer, reported a sharp fall in its consolidated net profit in the third...
Chintan Shivir in Bengaluru to Blueprint Future of India’s Steel Industry
Ministry of Steel organized a day-long Chintan Shivir in Bengaluru recently, wherein prominent steel players were present to brainstorm for the future of India’s...
MIDHANI, ADA Join Forces to Make High-Tech Steel for Attack Aircraft
Mishra Dhatu Nigam Limited (MIDHANI), a public sector company that makes specialty steel, signed a heavy MoU with the Aeronautical Development Agency (ADA),...
Government Greenlights ₹10,300 Crore Equity Infusion for RINL, Ties Aid to Increased Output
The government has cleared an equity infusion of ₹10,300 crore as part of a concerted effort to revive Rashtriya Ispat Nigam Limited (RINL). The...
Tata Steel to Raise ₹3,000 Crore By Way of Bonds After 1-Year Hiatus: Shares Jump 3%
On 14 February, sources close to the company told news agencies that Tata Steel planned to return to the corporate bond market for the...
India Plans Tax on Some Low-Cost Steel Imports from China
Temporary levy of 15%-25% on China-origin steel imports within 6 months scrapped Steel Minister H.D. Kumaraswamy said the move was aimed at protecting local manufacturers...
