Steel Capacity Expansion
SAIL Eyes ₹36,000 Cr IISCO Expansion by FY27, Faces Tender and Debt Challenges
Steel Authority of India Ltd (SAIL) is pursuing the ambitious expansion of its IISCO Steel Plant at an estimated cost of ₹36,000 crore...
RINL to Restart Third Blast Furnace by June-End, Boosting Steel Output
State-owned steel producer Rashtriya Ispat Nigam Limited (RINL) will restart its third blast furnace (BF) by the end of June, a crucial phase...
ArcelorMittal Nippon Steel Shifts Focus to Andhra Pradesh as Odisha Project Stalls
Steel behemoth ArcelorMittal Nippon Steel India (AMNS India) is gaining momentum to set up a ₹55,964-crore greenfield steel plant in Andhra Pradesh, while...
JSW Steel to Invest ₹50,000 Cr in Green Steel to Tap European Market
JSW Steel is to invest ₹50,000–₹60,000 crore in brownfield expansion of its Salav plant in Raigad district of Maharashtra for green steel capacity...
JSW Steel Hits Record Quarterly Output, Boosted by Vijayanagar Ramp-Up
JSW Steel has posted its highest-ever consolidated crude steel production in a single quarter, clocking 7.63 million tonnes (MT) in Q4 of FY25....
JSW Steel Becomes World’s Most Valuable Steelmaker with $30.3 Billion Market Cap
JSW Steel headed by Sajjan Jindal turns out to be the world’s most valuable steel manufacturer, surpassing global heavyweights like ArcelorMittal and Nucor...
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...
AMNS India Faces Potential Output Cuts Amid Raw Material Import Restrictions
Indian government restrictions on the imports of key raw materials will force ArcelorMittal Nippon Steel Limited (AMNS) India to cut steel production and...
India to Further Extend Ban on Met Coke Imports from June 2025
India is likely to extend restrictions on low-ash metallurgical coke (met coke) imports beyond June 2025, official sources said on Tuesday. These quantitative restrictions,...
Tata Steel and JSW Steel Grapple with Shrinking Cash Reserves Amid Industry Challenges
The two largest steelmakers in India are swiftly burning holes in their pockets. Analysts, therefore, get worried about servicing debt and financing big...
