Steel Daily
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...
India to Launch Green Steel Star Ratings for Sustainable Infrastructure
India’s Ministry of Steel (MoS) has introduced a star-rating system to define and promote the production of green steel, a key initiative for...
Chennai Scrap Market Holds Firm Amid Limited Supply and Lower Steel Demand
The Chennai ferrous scrap market remains cautious as supply constraints and moderate demand continue to impact price trends. According to BigMint’s latest assessment,...
India Strengthens Critical Minerals Strategy through Pact with IEA
The Ministry of Mines has signed a Memorandum of Understanding (MoU) with the International Energy Agency (IEA) to boost India’s critical mineral sector....
India’s Finished Steel Imports Surge to Seven-Year High
India’s finished steel imports reached a seven-year high of 5.7 million metric tons during April-October, according to provisional government data. This marks a...
Alumil Group Sets New Benchmark in Sustainability with Loop 80 Certified Recycled Aluminium
Alumil Group has launched Loop 80, a certified aluminium material containing 80% recycled content, marking a global milestone in sustainability. This follows the...
NMDC Steel’s Q2 Loss Soars to Rs 595 Crore Amid Rising Expenses
NMDC Steel Limited reported a substantial net loss of Rs 595.37 crore for Q2 FY24, reflecting a significant rise from the Rs 131.10...
