India steel market
JSW Steel Plans Rs 2 Lakh Crore Investment to Boost Capacity Beyond 50 Million Tonnes
JSW Steel is gearing up for a major expansion with plans to invest over Rs 2 lakh crore in the next five to...
JSW Steel Reports 9% Rise in Crude Steel Production Despite Vijayanagar Furnace Shutdown
JSW Steel recorded a 9% year-on-year growth in crude steel production for October 2025, maintaining strong operational performance despite the temporary shutdown of...
Indian Metals & Ferro Alloys to acquire Tata Steel’s Odisha ferro alloys plant for ₹610 crore
Indian Metals & Ferro Alloys Ltd (IMFA) has announced the acquisition of Tata Steel’s ferro alloys plant in Odisha for ₹610 crore to...
Domestic Steel Prices Plunge to Five-Year Low Amid Rising Imports and Weak Export Demand
Domestic steel prices drop to Rs 47,000–48,000 per tonne, a five-year low, amid rising imports and weak export demand; Steel Ministry holds discussions...
Government Engagement to Make Iron Ore Affordable Aims to Lower Steel Prices: ISA
The Indian Steel Association (ISA) is working with the government to make iron ore more affordable, aiming to reduce steel production costs and...
JSW Steel Reports 19% Jump in July Crude Steel Output
The latest announcement made by JSW Steel Limited, which is one of the largest steel producers in India, confirmed a rise of another...
Govt Approves ₹11,440 Cr Lifeline for Vizag Steel, Rules Out Immediate Merger with SAIL, NMDC
Govt approves ₹11,440 cr lifeline for Vizag Steel, rules out immediate merger with SAIL, NMDC Sorting out Visakhapatnam Steel Project finances Rashtriya Ispat Nigam...
India’s Finished Steel Imports Surge 16% in April-February – Exports Plunge 34%
India’s finished steel imports rose sharply by 15.8% to 8.98 million metric tons (mt) during the April-February period of the 2024-25 fiscal year,...
Rumors of 12% Steel Import Levy Cause Uncertainty in Indian Market
Reports in the Indian press are abuzz with speculation of a 12% temporary safeguard duty on steel imports to shield domestic producers from rampant...
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...
