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West Asia Tensions Push Up Energy Costs for India’s Stainless Steel Industry

Rising geopolitical tensions in West Asia are disrupting gas supplies and increasing energy costs, putting pressure on India’s stainless steel industry and affecting...

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Andhra Pradesh to Lay Foundation Stone for AMNS Steel Plant After February 15

Andhra Pradesh Chief Minister N Chandrababu Naidu said the foundation stone for the ArcelorMittal Nippon Steel plant in Anakapalli will be laid after...

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Steel producers brace for profit pressure as prices stay weak in December quarter

Indian steel producers are expected to report sequentially weaker profits in the December quarter as soft steel prices and higher input costs continue...

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India Likely to Ease Steel QCOs, Suspend BIS Certification for 55 Grades

The Steel Ministry is preparing to suspend BIS certification requirements for 55 steel grades, easing raw material sourcing for industries and addressing shortages...

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India a Net Steel Importer for Second Year in FY25 as Imports Rise, Exports Fall

India A Net Steel Importer For Second Year In FY25 as Imports Rise, Exports Fall India stayed a net importer of steel for...