Indian Steel Industry
Government Greenlights ₹10,300 Crore Equity Infusion for RINL, Ties Aid to Increased Output
The government has cleared an equity infusion of ₹10,300 crore as part of a concerted effort to revive Rashtriya Ispat Nigam Limited (RINL). The...
Steel Stocks Drop on Trump’s New Tariff Imposition on Imports
Shares of steel and aluminum declined on Monday as Trump put a new blanket tariff of 25% on all steel and aluminium imports....
Vizag Steel Plant Achieves Record Production Amid Financial Struggles
Though RINL, popularly known as the Visakhapatnam Steel Plant, is at its lowest level in terms of finances and yet continues to strive...
Union Budget 2025: Increase in PLI scheme for specialty steel
According to Finance Minister Nirmala Sitharaman on February 1, her eighth successive Union Budget allocated a sum of considerable measures to the production-linked...
Budget 2025: Jindal Stainless Seeks Import Duty Change to Safeguard Domestic Market
Ahead of the Union Budget 2025, Jindal Stainless has appealed to the government to revise import duties so that homegrown manufacturers do not...
Centre Mulls Review of Import Barriers as MSMEs Protest Steel Protectionist Measures
In a growing debate on the impact of import restrictions on various sectors, the Indian government may review the protective barriers that currently...
HD Kumaraswamy Vows to Protect Indian Steel Industry from Import Threats
Union Minister of Steel and Heavy Industries, H.D. Kumaraswamy, underlined that the government remains committed to protecting India’s steel industry from unfair trade...
JSW Steel’s Q3 Earnings: Record Sales Overpowered by Slumping Steel Price and Import Surge
India’s largest steel producer, JSW Steel Ltd, has reported mixed results for the October-December quarter: falling steel prices and rising imports proving to...
Govt to Finalize Revival Plan for RINL Steel Plant in a Month: Steel secretary
The Indian government is to firm up a detailed revival package for Rashtriya Ispat Nigam Ltd, or RINL Steel Plant, commonly referred to...
Indian Steel Ministry Proposes Consideration of Merger between KIOCL, NMDC
India’s Ministry of Steel has proposed a merger between two public-sector companies, KIOCL and National Mineral Development Corporation (NMDC) to flush out its...
