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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...

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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....

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...

NewsSteel DailyTrending News

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...

NewsSteel DailyTrending News

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,...

NewsSteel Daily

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...

NewsSteel Daily

Steel Demand in India to Grow 8%: Capacity to Surge by 20 Million Tons by FY2027

India’s steel industry is set to increase its annual capacity by 20 million tons between FY 2025-27, according to a recent report by...