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The Proposed Duty on Steel Imports Could Make Pricing Soar in 2025: Crisil

According to rating agency Crisil, Indian steel prices are expected to rise considerably, given that the proposed safeguard duty on steel imports will...

NewsSteel Daily

Chennai United Metal Industries to Expand by ₹36 Crore

Chennai United Metal Industries is planning to enhance manufacturing capacity in Gummidipoondi, near Chennai, with an expansion plan of ₹36 crore and supply...

ConstructionNewsSteel Daily

Rainy Season in Chennai Slows Steel Trades; Scrap Prices to Stay Moderate in December

The current rainy season has definitely taken a toll on steel demand, which is one of the reasons why some market activity in...

Editors PickNewsSteel Daily

Steel Sector Outlook Positive: JPMorgan Sees Surge in Demand Post-Elections and Monsoon

Steel stocks were in the spotlight on December 11, following a positive outlook from global brokerage JPMorgan. The brokerage highlighted that although overall...

NewsSteel DailyTrending News

JSW Steel and SAIL Look to Mongolia for Coking Coal Imports Amid Rising Steel Demand

India’s leading steelmakers, JSW Steel and Steel Authority of India Limited (SAIL), are exploring coking coal imports from Mongolia as part of efforts...

Editors PickNewsSteel Daily

India Targets 300 Million Tons of Steel Output by 2030, $120 Billion Investment Needed

India plans to scale its steel production to 300 million tons by 2030, requiring an estimated $120 billion investment, according to the Ministry...

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