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Steel Ministry’s PLI 1.2 Drive to Add 8.7 Million Tonnes of Specialty Steel Capacity

The Ministry of Steel has signed MoUs for 85 specialty steel projects under PLI Scheme 1.2, committing investments of Rs 11,887 crore and...

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AMNS India Bets Big on India’s Steel Demand with 25–26 MT Capacity Target by 2030

ArcelorMittal Nippon Steel India has outlined an ambitious plan to nearly triple its steelmaking capacity to 25–26 million tonnes by 2030, anchored by...

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Centre Drafts ₹5,000-Cr Mission to Push Green Steel, Cut Emissions

The Union government is proposing a ₹5,000-crore mission to support the adoption of clean technologies by the steel sector, with a major focus...

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Vardhman Special Steels, Japan’s Aichi Steel to set up $284 mn green steel plant in Punjab

Vardhiman Special Steels Limited (VSSL) signed an agreement for collaboration with Japan’s Aichi Steel Corporation (ASC) in establishing a special steel manufacturing center...

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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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Tata Steel Revives Neelachal Ispat, Plans 9.5 MTPA Expansion

Nearly two years since the acquisition of Neelachal Ispat Nigam Ltd (NINL), Tata Steel has managed a spectacular turnaround of the loss-making state-owned...

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India’s Coal-Fired Steel Boom Threatens Global Green Targets

India’s coal-fuelled boom in steel production may be stalling global efforts to green one of the world’s most carbon-intensive sectors, a non-profit monitoring...

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JSW Steel Finalizes ₹4,158 Crore Acquisition of Thyssenkrupp Electrical Steel India

JSW Steel has completed the acquisition of Thyssenkrupp Electrical Steel India Private Limited, better known as tkES India, through its wholly owned subsidiary...

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SAIL, John Cockerill India to Invest ₹6,000 Crore in Green Steel Plant

This is a boost to the steel industry of India. The whole investment in the project will come out to around ₹6,000 crore....