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India And Russia Forge Stronger Ties In Global Steel Production Sector

India and Russia recently convened a high level round table meeting to discuss strategic partnerships in steel production, raw material sourcing, and technological...

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Indian Steel Giants Forecast Major Profit Leap in March Quarter

Steel manufacturers in India are entering a lucrative phase as the March quarter approaches. Experts predict a substantial rise in earnings driven by...

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Government Engagement to Make Iron Ore Affordable Aims to Lower Steel Prices: ISA

The Indian Steel Association (ISA) is working with the government to make iron ore more affordable, aiming to reduce steel production costs and...

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SAIL Hikes FY26 Capex to ₹7,500 Cr to Fast-Track Expansion Towards 2030 Goal

In line with accelerating its steel production capacity to 35 million tonnes per annum (MTPA) by 2030, SAIL raises its capital expenditure allocation...

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OMC Plans Pellet Plant to Boost Value Addition from Iron Ore Mining

OMC (the Odisha Mining Corporation), in the next giant leap toward value addition of iron ore operations, is setting up a pellet plant...

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Steel Ministry Plans Dedicated Mining Arm for SAIL to Boost Iron Ore Output

To boost iron ore production, the Steel Ministry is contemplating setting up a separate mining vertical within the Steel Authority of India Ltd...

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Odisha Unveils Steel Expansion Plan: Eyes 130 MT Output, 70% Iron Ore Share by 2030

Odisha Chief Minister Mohan Charan Majhi has presented a grand vision to make the state India’s steel hub with a huge capacity increase...

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India Pushes for Overseas Raw Material Acquisitions to Boost Steelmaking Capacity

India is actively seeking Indian companies to acquire raw material assets overseas, in an attempt to integrate India’s steel supply chain as it...

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Lloyds Metals Sees Strong Growth in DRI and Iron Ore Production in FY25

Lloyds Metals & Energy Ltd. (LMEL) witnessed strong operational improvement in the nine months to December 2024, with significant increases in production of...

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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...