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NMDC Raises Baila Lump Iron Ore Price; Second Revision in a Month

State-owned NMDC has increased the Baila Lump iron ore price by ₹50 to ₹5,600 per tonne, marking its second revision in a month...

BengaluruIndiaIndustrialIron OreKarnatakaMarket UpdatesMetalMiningNewsSteel Daily

NMDC Cuts Iron Ore Prices by up to ₹550 per Tonne; Targets Record 55 Million Tonne Output

NMDC has reduced iron ore prices by up to ₹550 per tonne effective October 22, revising rates for Baila Lump and Fines. The...

ConstructionIndustrialInfrastructureMarket UpdatesMetalMiningNewsSteel Daily

India’s Small Steelmakers Cut Production as Weak Demand and Monsoon Slowdown Hit Construction Sector

India’s small steel producers have cut output by nearly one third amid weak demand, falling prices, and monsoon disruptions, despite government tax cuts...

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China’s Mega Dam Sparks Steel Price Surge and India’s Security Fears

The world’s largest hydropower dam-in-the-making from China has been spurred onto a tumultuous ride over iron ore and steel prices by announcing the...

IndustrialNewsSteel DailyTrending News

Jindal Steel & Power Reports Record Production and Sales in FY’25, Sets Ambitious FY’26 Targets

Jindal Steel & Power (JSP) posted its record crude steel output and sales during the financial year 2025 (FY’25) riding on strong performances...

NewsSteel Daily

China’s Steel Surge Pressures Indian Giants as Fitch Lowers Rating Headroom

India’s steel industry is feeling the heat as Fitch Ratings downgraded the rating headroom for JSW Steel and Tata Steel. The agency cited...