Steel Daily
Vizag Steel Plant Achieves Record Production Amid Financial Struggles
Though RINL, popularly known as the Visakhapatnam Steel Plant, is at its lowest level in terms of finances and yet continues to strive...
Union Budget 2025: Increase in PLI scheme for specialty steel
According to Finance Minister Nirmala Sitharaman on February 1, her eighth successive Union Budget allocated a sum of considerable measures to the production-linked...
JSW Steel Finalizes ₹4,158 Crore Acquisition of Thyssenkrupp Electrical Steel India
JSW Steel has completed the acquisition of Thyssenkrupp Electrical Steel India Private Limited, better known as tkES India, through its wholly owned subsidiary...
Visakhapatnam Steel Plant Won’t be Privatized, Says Steel Minister Kumaraswamy
Giving a major announcement to a perturbed nation, Union Steel Minister H.D. Kumaraswamy yesterday assured that Rashtriya Ispat Nigam Limited – Visakhapatnam Steel...
Visakhapatnam Steel Plant Faces ₹35,000 Crore Debt, Says Steel Secretary Sandeep Poundrik
Visakhapatnam Steel Plant, under the umbrella of Rashtriya Ispat Nigam Limited (RINL), is running into a staggering liability of ₹35,000 crores of default...
Budget 2025: Jindal Stainless Seeks Import Duty Change to Safeguard Domestic Market
Ahead of the Union Budget 2025, Jindal Stainless has appealed to the government to revise import duties so that homegrown manufacturers do not...
Tata Steel Develops Hydrogen-Ready Steel Pipes in a Milestone for India’s Energy Sector
Tata Steel Limited today achieved a historic milestone in hydrogen transportation as it became the first steelmaker in India to develop steel pipes...
Rs 20,000-Crore Expansion Plan for Bokaro Steel Plant Announced
The ambitious Rs 20,000 crore expansion plan has been unveiled for Bokaro Steel Plant, Union Minister H.D. Kumaraswamy announced. At the Steel Authority...
JSW Steel Renounces Coal and Iron Ore Mines, Incurs ₹445 Crore Write-Off
India’s largest steel maker, JSW Steel, announced a significant financial adjustment Thursday by writing off ₹445 crore to surrender coal and iron ore...
Centre Mulls Review of Import Barriers as MSMEs Protest Steel Protectionist Measures
In a growing debate on the impact of import restrictions on various sectors, the Indian government may review the protective barriers that currently...
