India steel industry
India’s Steel Industry Faces Mixed Prospects Amid U.S. Tariffs
The U.S. government’s move to slap a 25% tariff on steel imports has evoked mixed responses from India’s steel producers. While some manufacturers view...
SAIL Confident of Growth, to Invest $800 Million in New Rail Mill
In a bid to solidify India’s rail infrastructure, the state-run Steel Authority of India Limited (SAIL), has unveiled plans to invest around $800 million...
EU’s Carbon Border Policy Can Disrupt India’s Steel Sector: Study
The European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM) poses serious financial and technological challenges for the small and medium-sized steel enterprises in...
Chintan Shivir in Bengaluru to Blueprint Future of India’s Steel Industry
Ministry of Steel organized a day-long Chintan Shivir in Bengaluru recently, wherein prominent steel players were present to brainstorm for the future of India’s...
India’s Steel Industry Under Pressure: Rising Dumping Concerns Amid Trump’s Tariff Plans
India Steel Braces for Jolt from Trump’s Tariff Threat. This spells doom for the Indian steel industry, as it was in flames when...
Baldota Group to Invest ₹54,000 Crore in Karnataka for Integrated Steel Plant
Karnataka-based Baldota Group announced a massive investment of ₹54,000 crores in setting up an integrated steel plant in Koppal. The company, functioning under...
ArcelorMittal Registers 56% EBITDA Decline Following Pressure on Prices
ArcelorMittal/Nippon Steel India, the Indian arm of London-based steel behemoth ArcelorMittal, experienced a sliding-down scenario for its EBITDA to more than halve to...
Rs 20,000-Crore Expansion Plan for Bokaro Steel Plant Announced
The ambitious Rs 20,000 crore expansion plan has been unveiled for Bokaro Steel Plant, Union Minister H.D. Kumaraswamy announced. At the Steel Authority...
AM/NS India to Make Car Makers Independent on Steel Imports
ArcelorMittal-Nippon Steel joint venture, AM/NS India, is planning to force carmakers to stop importing steel by March 2025. “We will commission a new...
India’s Steel Sector is at its Critical Juncture with China’s Imports Going on the Rise
The Indian steel sector is reaching a critical juncture of intense pressure caused by the onslaught of rising imports, mainly targeting small and...
