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India to Engage Argentina, Indonesia and Oman for Steel Raw Material Supply

India is set to hold talks with Argentina, Indonesia and Oman to secure critical steelmaking raw materials and strengthen supply chains amid rising...

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Domestic Steel Prices Surge Up to 25% Amid Strong Demand and Import Safeguards

Domestic steel prices in India have surged up to 25 per cent over three months, supported by strong demand and safeguard duties, despite...

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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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Safeguard Duty on Steel Imports Gives Domestic Mills Pricing Leverage

India’s three-year safeguard duty on select steel imports is expected to curb cheap inflows, improve pricing power for domestic mills, and support margins...

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BMW Industries to Invest ₹803 Cr in Jharkhand Plant, Eyes High-End Steel Market

Steel maker BMW Industries will invest ₹803 crore to set up a 0.5 million tonne (MnT) cold rolling complex in Bokaro, Jharkhand, as...

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Kumaraswamy Inspects Salem Steel Plant, Outlines Revival Strategy for Profitability and Green Development

Union Minister of Steel and Heavy Industries H.D. Kumaraswamy inspected the Salem Steel Plant, a SAIL unit, on Thursday reiterating the government’s resolve...