Steel Daily
India Tightens Steel Procurement Rules to Shield Domestic Mills from Import Surge
The Indian government has taken several measures to protect steel manufacturers from an influx of cheaper imports and has tightened the rule of...
No New US Tariffs on Indian Steel, Aluminium, and Auto Sectors
Following the announcement by US President Donald Trump about the move of reciprocal tariffs of 26% on Indian products, Indian steel and automotive...
Hindalco Plans $5 Billion Expansion -Targets 4x Growth in Recycling by FY30
Hindalco Industries on Wednesday announced an aggressive expansion plan, investing over $5 billion to ramp up aluminium and copper capacity as well as to...
India’s Finished Steel Imports Surge 16% in April-February – Exports Plunge 34%
India’s finished steel imports rose sharply by 15.8% to 8.98 million metric tons (mt) during the April-February period of the 2024-25 fiscal year,...
AM/NS India Launches First Dedicated Scrap Processing Facility in Khopoli, Maharashtra
ArcelorMittal Nippon Steel India (AM/NS India) today inaugurated its dedicated first SCRAP processing plant at the Khopoli location in Maharashtra. The new unit has...
Centre, Andhra Government Collaborating on Action Plan to Revitalize Vizag Steel Plant
The Union and Andhra Pradesh governments are also preparing a holistic action plan to strengthen the Vizag Steel Plant (VSP), an industrial asset...
Jindal Stainless to Invest ₹40,000 Crore in Maharashtra for New Manufacturing Facility
Jindal Stainless Ltd (JSL) is to invest ₹40,000 crore to set up a modern stainless-steel plant in Maharashtra. The plant will be developed in...
Steel Mills Cut Production as Imports Surge, Trade Deficit Widens
In a development that could put upward pressure on domestic steel prices, key Indian steel makers, barring Jindal Steel and Power Ltd (JSPL) have...
India’s Steel Industry Unshaken by EU Import Curbs, Local Demand to Offset Impact
India may be harming the EU steelmakers, who need more fresh goods; The European Commission in September imposed high import taxes to protect local...
JSW Steel Becomes World’s Most Valuable Steelmaker with $30.3 Billion Market Cap
JSW Steel headed by Sajjan Jindal turns out to be the world’s most valuable steel manufacturer, surpassing global heavyweights like ArcelorMittal and Nucor...
