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Economic Survey Flags Global Price Pressures, Raw Material Risks for India’s Steel Sector

India’s steel sector continues to show strong growth momentum driven by domestic demand, but faces mounting challenges from global price pressures and raw...

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Tata Steel Accelerates Domestic Expansion, Strengthens Iron Ore Security Strategy

Tata Steel has approved a series of domestic expansion projects, including capacity additions at Neelachal Ispat Nigam, while moving to secure iron ore...

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JSW Steel Shelves Plan to Import Coking Coal from Mongolia Over Logistics Hurdles

JSW Steel Limited has now put on hold the plan to import coking coal from Mongolia, citing extremely difficult logistics in transporting the...

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Star Cement Arm Wins Limestone Block in Rajasthan, Boosting Raw Material Security

Star Cement on August 22 announced that Star Cement North East, its subsidiary, has been declared as the preferred bidder for the Parewar...

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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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PM Modi Urges Steel Sector to Fast-Track Mining, Focus on Self-Reliance

At India Steel 2025, Prime Minister Narendra Modi urged the steel industry to accelerate iron ore mining at greenfield sites, reduce import dependency,...

NewsSteel Daily

NMDC to Supply Iron Ore to RINL for Longer Term, Ensuring Operational Viability

Historically, Rashtriya Ispat Nigam Limited (RINL), a loss-making state-run steelmaker in India, has had a long-term agreement with NMDC Limited to purchase iron ore...

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Tata Steel collaborates with NMDC and OMC to secure future iron ore supply

Tata Steel has begun negotiations with state-owned enterprises NMDC and Odisha Mining Corporation (OMC) to guarantee a consistent supply of iron ore for...