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Steel Demand to Accelerate in H2FY25 as Construction and GST Cuts Drive Growth: Naveen Jindal

India’s steel demand is set to grow at double-digit rates in H2FY25, driven by post-monsoon construction, GST cuts on cement, and lower taxes...

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JSW Steel Shelves Plan to Import Coking Coal from Mongolia Over Logistics Hurdles

JSW Steel Limited has now put on hold the plan to import coking coal from Mongolia, citing extremely difficult logistics in transporting the...

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India Surges Ahead in Steel Growth, Eyes 300 MTPA Capacity by 2030

India is poised to become the third-largest global steel powerhouse, aiming for a crude steel capacity of 300 million tonnes per annum (MTPA)...

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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...

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China’s Steel Surge Pressures Indian Giants as Fitch Lowers Rating Headroom

India’s steel industry is feeling the heat as Fitch Ratings downgraded the rating headroom for JSW Steel and Tata Steel. The agency cited...