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Jindal Group Makes Takeover Offer for Thyssenkrupp’s Steel Division

India’s Jindal Group has made a takeover offer for Thyssenkrupp’s struggling steel division. The proposal focuses on green steelmaking, job security, and long-term...

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India Plans Tax on Some Low-Cost Steel Imports from China

Temporary levy of 15%-25% on China-origin steel imports within 6 months scrapped Steel Minister H.D. Kumaraswamy said the move was aimed at protecting local manufacturers...

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China’s Groundbreaking Ironmaking Breakthrough Boosts Productivity 3,600-Fold

Chinese researchers have unveiled a revolutionary ironmaking process that is faster, more cost-effective, and environmentally sustainable. Dubbed “flash ironmaking,” the new method promises...

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India’s Ministry of Steel to Revamp PLI Scheme for Specialty Steel

India’s Ministry of Steel is revising the Production-Linked Incentive (PLI) scheme to revitalize the prospect of the specialty steel sector and further streamline...