metal industry India
Shyam Metalics to invest ₹2,700 crore to expand value-added steel capacity
Shyam Metalics plans a ₹2,700 crore investment to boost value-added and specialty steel capacity, focusing on higher margins, import substitution, and long-term growth.
Jindal Stainless Expands Global Footprint with Indonesia Melt Shop Commissioning and ₹900 Crore Investment Plan
Jindal Stainless strengthens its global and domestic presence with a new Indonesia melt shop and ₹900 crore investment in downstream facilities, boosting capacity...
RINL’s Visakhapatnam Steel Plant Sets New Benchmark in Daily Liquid Steel Production
Rashtriya Ispat Nigam Limited’s Visakhapatnam Steel Plant has achieved its highest-ever combined daily liquid steel production, marking a key operational milestone driven by...
India Emerges as Net Importer of Finished Steel Amid Shifting Trade Trends
India has turned into a net importer of finished steel since 2022–23, with imports overtaking exports despite higher crude steel output and fluctuating...
RINL’s Vizag Steel Plant Sets Record With Highest Ever Single Day Hot Metal Production
RINL’s Visakhapatnam Steel Plant has achieved its highest ever single day hot metal production of 21,205 tonnes, highlighting operational discipline, workforce resilience, and...
JSW Steel and JFE Steel Announce Rs 15,750 Crore Joint Venture to Boost Capacity and Drive Long Term Growth
JSW Steel and Japan based JFE Steel have announced a Rs 15,750 crore joint venture that will integrate Bhushan Power and Steel’s Odisha...
India’s Stainless Steel Sector Needs a Standalone Policy, Says Jindal Stainless MD
Jindal Stainless Managing Director Abhyuday Jindal has urged the government to introduce a dedicated stainless steel policy, highlighting raw material security, low capacity...
India Imposes Five-Year Anti-Dumping Duty on Vietnamese Hot-Rolled Steel to Protect Domestic Market
India has imposed a five-year anti-dumping duty on Vietnamese hot-rolled steel after DGTR confirmed underpriced imports were harming local producers, ensuring stronger market...
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...
Shyam Metalics Announces Rs 10,000 Crore ‘Vision 2031’ Plan to Expand Metals Production and Revenue
Shyam Metalics announces Rs 10,000 crore ‘Vision 2031’ to double revenue, expand steel, stainless steel, aluminium production, create 10,000 jobs, and boost exports...
