Indian Steel Sector
Rashmi Group to Set Up ₹12,500 Crore Steel Plant in Telangana, AB InBev Expands Operations
Rashmi Group has announced a ₹12,500 crore investment to establish a major steel manufacturing plant in Telangana, while AB InBev plans to expand...
Steel Ministry Introduces SARAL SIMS Portal to Ease Small-Volume Steel Imports
The Steel Ministry has launched SARAL SIMS, a simplified registration system designed to support MSMEs and export-linked importers with easier processes, reduced paperwork...
Chandrababu Naidu Calls for Higher Efficiency at Vizag Steel, Cites Heavy Investments and State Support
At the CII summit in Visakhapatnam, Andhra Pradesh Chief Minister Chandrababu Naidu criticised the Vizag Steel Plant’s workforce for low efficiency despite large...
Jindal Cement Industries’ Share Purchase Brings Strategic Shift in Jindal Steel’s Promoter Structure
Jindal Cement Industries has acquired shares in Jindal Steel, marking its entry into the promoter group. The move signals strategic alignment and stability...
Shyam Metalics’ Ramsarup Industries to Commission Advanced Blast Furnace and Sinter Plant by November 2025
Ramsarup Industries, part of Shyam Metalics, will commission a Rs 369 crore, 0.45 MTPA blast furnace and sinter plant by November 2025 to...
From Struggle to Strength: Visakhapatnam Steel Plant Rebounds with 79% Capacity Utilisation
After a year of focused recovery efforts and ₹11,440 crore in Central aid, the Visakhapatnam Steel Plant has lifted capacity utilisation to 79%....
Jindal Stainless Commits ₹700 Crore to Decarbonisation, Targets Net Zero by 2050
Jindal Stainless to invest ₹700 crore in decarbonisation, building Odisha’s largest captive solar plant and targeting net zero emissions by 2050.
Lloyds Metals and Energy to Invest Rs 22,000 Crore in Mega Integrated Steel Plant
Lloyds Metals and Energy plans to invest Rs 20,000–22,000 crore to build a mega integrated steel plant producing 3 MT hot-rolled coils and...
LMEL Commissions 3.6 Lakh Tonne Sponge Iron Plant in Maharashtra
Lloyds Metal and Energy Limited (LMEL) has commissioned a new sponge iron plant with an annual capacity of 360,000 metric tonnes at Ghugus...
Govt Eases Steel Supply Rules, Waives BIS Certification for 202 Foreign Licences
In a move to ease raw material bottlenecks for domestic steelmakers, the steel ministry has exempted 202 foreign steel licences from mandatory Bureau...
