Steel Daily
Chinese Steel Flooding India Through FTA Loopholes: JSW Chairman Sajjan Jindal
Sajjan Jindal, Chairman of JSW Group, has raised alarms over the surging inflow of Chinese steel into India, largely facilitated through Free Trade...
Bajaj Steel Industries Begins Operations at New Nagpur Plant
Bajaj Steel Industries has commenced commercial production at its new state-of-the-art facility in Nagpur, Maharashtra. The plant, dedicated to the company’s infrastructure division,...
India Launches First Critical Mineral Auctions to Boost Domestic Mining
India has launched its first-ever auction of critical and strategic minerals, offering 20 blocks across seven states and Jammu & Kashmir. These blocks...
Leverage for Primary Steel Firms to Hit Five-Year High Amid Expansion: CRISIL
The net leverage of domestic primary steelmakers is expected to rise to a five-year high of over 3x this fiscal, driven by aggressive...
SAIL Partners with John Cockerill India to Revolutionize Green Steelmaking
The Steel Authority of India Ltd (SAIL) has entered a strategic partnership with John Cockerill India Ltd (JCIL) to adopt cutting-edge green technologies...
India’s Steel Imports Up 41%, BIS Enforces Quality Standards to Protect Industry
India’s steel imports have risen sharply in the first half of 2024-25, reaching 4.735 million tonnes, a 41.3% increase compared to 3.329 million...
Steelmaking Revolution: India’s Scrap Consumption Rises 8% in 2024
India’s ferrous scrap consumption rose by 8% year-on-year in the first 10 months of 2024 (10MCY’24), reaching 28.08 million tonnes (mnt) compared to...
JSW Steel and SAIL Look to Mongolia for Coking Coal Imports Amid Rising Steel Demand
India’s leading steelmakers, JSW Steel and Steel Authority of India Limited (SAIL), are exploring coking coal imports from Mongolia as part of efforts...
Japan Flags Steel Import Delays at Indian Ports, MSMEs Raise Concerns
The Embassy of Japan has voiced concerns over prolonged delays in steel consignments at Indian ports, citing customs requirements for No Objection Certificates...
Weak Demand Pressures Sponge Iron Prices Amid Muted Steel Market
India’s sponge iron market saw a day-on-day price decline of INR 100-300 per tonne (t) due to weak demand and cautious buyer sentiment....
