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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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Kumaraswamy Inspects Salem Steel Plant, Outlines Revival Strategy for Profitability and Green Development

Union Minister of Steel and Heavy Industries H.D. Kumaraswamy inspected the Salem Steel Plant, a SAIL unit, on Thursday reiterating the government’s resolve...

IndustrialNewsSteel Daily

Govt Plans Revival of VISL as Specialty Steel Hub for Defence, Aerospace Sectors

The Centre is exploring the revival of Visvesvaraya Iron and Steel Ltd (VISL), a near-defunct government-owned steel unit in Karnataka, as a high-grade...

IndustrialMarket UpdatesNewsSteel Daily

BMW Industries Wins ₹364.69 Cr Tube Conversion Contract from Tata Steel

BMW Industries Ltd and its wholly-owned subsidiary BMW Iron & Steel Industries have bagged a big order from Tata Steel for converting hot...

NewsSteel DailyTrending News

Government Receives 73 Applications for Specialty Steel PLI Scheme

The Indian government has got 73 applications under the second round of the Production Linked Incentive (PLI) scheme for specialty steel. According to the...

EventsNewsSteel Daily

Chintan Shivir in Bengaluru to Blueprint Future of India’s Steel Industry

Ministry of Steel organized a day-long Chintan Shivir in Bengaluru recently, wherein prominent steel players were present to brainstorm for the future of India’s...

NewsSteel Daily

MIDHANI, ADA Join Forces to Make High-Tech Steel for Attack Aircraft

Mishra Dhatu Nigam Limited (MIDHANI), a public sector company that makes specialty steel, signed a heavy MoU with the Aeronautical Development Agency (ADA),...

Budget 2025NewsSteel DailyTrending News

Union Budget 2025: Increase in PLI scheme for specialty steel

According to Finance Minister Nirmala Sitharaman on February 1, her eighth successive Union Budget allocated a sum of considerable measures to the production-linked...

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Govt to Relaunch PLI Scheme for Specialty to Boost Domestic Production

Production-Linked Incentive for the specialty steel sector will be a fresh round in which the government will announce the scheme on Monday, which,...

NewsSteel DailyTrending News

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...