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Lloyds Metals Approves ₹1,550 Crore NCDs, Plans DRI Capacity Expansion

Lloyds Metals has approved ₹1,550 crore in NCDs through private placement and plans to expand DRI capacity to 907,400 MTPA with ₹190 crore...

GovernmentIndiaIndustrialIron OreMetalNewsSteel Daily

India Plans First 100% Hydrogen-Powered DRI Pilot Plant

India plans its first 100% hydrogen-powered DRI pilot plant under a ₹207 crore project led by CSIR-IMMT, with a 20-tonne-per-day capacity and completion...

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JSW Steel Begins Work on ₹16,350 Crore Rayalaseema Integrated Steel Project in Andhra Pradesh

JSW Steel has commenced development of its ₹16,350 crore integrated steel project in Andhra Pradesh's Rayalaseema region. The first phase includes a ₹4,500...

IndustrialNewsSteel Daily

Tata Steel Revives Neelachal Ispat, Plans 9.5 MTPA Expansion

Nearly two years since the acquisition of Neelachal Ispat Nigam Ltd (NINL), Tata Steel has managed a spectacular turnaround of the loss-making state-owned...

IndustrialNewsSteel DailyTrending News

India’s Coal-Fired Steel Boom Threatens Global Green Targets

India’s coal-fuelled boom in steel production may be stalling global efforts to green one of the world’s most carbon-intensive sectors, a non-profit monitoring...

IndustrialNewsSteel DailyTrending News

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...

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Jindal Steel Raises Bid to €4 Billion for Italian Steelmaker

Indian steel giant Jindal Steel has submitted a revised offer to buy Italy’s ailing steelmaker for about €4 billion. The bid comprises €1 billion...