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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...

NewsSteel DailyTrending News

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...

NewsSteel Daily

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...

NewsSteel DailyTrending News

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...

NewsSteel Daily

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...

NewsSteel DailyTrending News

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...

NewsSteel Daily

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...

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India’s Steel Ministry Eyes $2 Billion Revival Plan for RINL to Boost Long-Term Growth

India’s Steel Ministry is at high-level talks for a $2 billion comprehensive long-term revival plan, aimed at resuscitating state-run steel giant Rashtriya Ispat...

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Government Incorporates 151 Steel Standards into Quality Control Order to Ensure Quality

On Thursday, the Indian government announced the inclusion of 151 steel standards developed by the Bureau of Indian Standards (BIS) in the Quality...

NewsSteel DailyTrending News

India’s Ministry of Steel Charts Global Strategy for 2025, Aiming to Lead in Production and Exports

The Indian Ministry of Steel is preparing a global strategy for steel in January 2025. This plan aims to align the Indian steel...