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India Accelerates Steel Capacity Expansion as 2030 Target Enters Final Stretch

India is stepping up steel capacity expansion efforts as it moves into the final phase of its 300 million tonne 2030 target, with...

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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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India Surges Ahead in Steel Growth, Eyes 300 MTPA Capacity by 2030

India is poised to become the third-largest global steel powerhouse, aiming for a crude steel capacity of 300 million tonnes per annum (MTPA)...

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India Plans Tax on Some Low-Cost Steel Imports from China

Temporary levy of 15%-25% on China-origin steel imports within 6 months scrapped Steel Minister H.D. Kumaraswamy said the move was aimed at protecting local manufacturers...

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India’s Steel Sector is at its Critical Juncture with China’s Imports Going on the Rise

The Indian steel sector is reaching a critical juncture of intense pressure caused by the onslaught of rising imports, mainly targeting small and...