Indian Steel Industry
NCLT to JSW Steel, Lenders: Present Concrete Plan to Reverse Bhushan Power Takeover by May 26
In a big move, the National Company Law Tribunal (NCLT) directed JSW Steel and its lenders to submit a clear roadmap on May...
Jindal Stainless Eyes 30% Jump in Exports for FY25 Amid Favorable Tariff Landscape
Jindal Stainless Limited (JSL), a top Indian stainless steel manufacturer, is eyeing a 30% export growth for the fiscal year 2024-25 to export...
Ministry of Steel Unveils Revamped Website to Boost Transparency and Accessibility
The Ministry of Steel has introduced its revamped official website to raise transparency, accessibility, and efficiency of operations. The new website is characterized...
NSL Sets Multiple Production Records in a Day, Reinforces Role in India’s Steel Push
NMDC Steel Limited (NSL), India’s youngest and most advanced steel plant, set a new benchmark on April 26 by breaking multiple production records...
Jindal (India) Ltd Launches Al-Zn Coated Steel Coils for Solar Sector, Plans Major Expansion
B.C. Jindal Group’s downstream steel products major Jindal (India) Ltd has entered the renewable energy market with the launch of its aluminium-zinc (Al-Zn)...
India Slaps 12% Safeguard Duty on Steel Imports Amid Surge, Industry Concerns
In a move aimed at curbing a surge in steel imports that threaten domestic producers, the Indian government has imposed a 12% safeguard...
Govt Allows ArcelorMittal Nippon to Import Critical Steelmaking Raw Material Amid Import Curbs
In a rare policy exception, the Centre has allowed ArcelorMittal Nippon Steel India (AM/NS India) to bring in an extra 71,500 metric tonnes (MT)...
JSL Super Steel Signs Solar Power Deal with Sunsure Energy, Targets 40% Cut in Conventional Energy Use
JSL Super Steel, a subsidiary of Jindal Stainless, has entered into a long-term power purchase agreement (PPA) with Sunsure Energy, an independent power producer,...
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...
JSW Steel Hits Record Quarterly Output, Boosted by Vijayanagar Ramp-Up
JSW Steel has posted its highest-ever consolidated crude steel production in a single quarter, clocking 7.63 million tonnes (MT) in Q4 of FY25....
