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SAIL to Test Mongolian Coking Coal Import as India Eyes Reduced Reliance on Australia

India’s state-owned steel producer, Steel Authority of India Limited (SAIL), will pilot a coking coal import from Mongolia, industry and company sources said....

Iron OreMarket UpdatesNewsSteel DailyTrending News

India Pushes for Overseas Raw Material Acquisitions to Boost Steelmaking Capacity

India is actively seeking Indian companies to acquire raw material assets overseas, in an attempt to integrate India’s steel supply chain as it...

NewsSteel Daily

Steel Giants Dominate 11th Round of India’s Commercial Coal Auction

As much as this comes as good news for the coal sector in India, there were 70 bids received from some of India’s...

NewsSteel DailyTrending News

India’s Ministry of Steel Charts Global Strategy for 2025, Aiming to Lead in Production and Exports

The Indian Ministry of Steel is preparing a global strategy for steel in January 2025. This plan aims to align the Indian steel...

Editors PickNewsSteel Daily

Steel Sector Outlook Positive: JPMorgan Sees Surge in Demand Post-Elections and Monsoon

Steel stocks were in the spotlight on December 11, following a positive outlook from global brokerage JPMorgan. The brokerage highlighted that although overall...

NewsSteel DailyTrending News

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...

NewsSteel Daily

Steel Demand in India to Grow 8%: Capacity to Surge by 20 Million Tons by FY2027

India’s steel industry is set to increase its annual capacity by 20 million tons between FY 2025-27, according to a recent report by...