Steel Industry
JSW Steel Reports 9% Rise in Crude Steel Production Despite Vijayanagar Furnace Shutdown
JSW Steel recorded a 9% year-on-year growth in crude steel production for October 2025, maintaining strong operational performance despite the temporary shutdown of...
Indian Metals & Ferro Alloys to acquire Tata Steel’s Odisha ferro alloys plant for ₹610 crore
Indian Metals & Ferro Alloys Ltd (IMFA) has announced the acquisition of Tata Steel’s ferro alloys plant in Odisha for ₹610 crore to...
Jindal (India) Expands Colour-Coated Steel Capacity to Support India’s White Goods Growth
Jindal (India), part of the BC Jindal Group, invests Rs 1,500 crore to expand colour-coated steel capacity in West Bengal, targeting India’s booming...
NMDC Cuts Iron Ore Prices by up to ₹550 per Tonne; Targets Record 55 Million Tonne Output
NMDC has reduced iron ore prices by up to ₹550 per tonne effective October 22, revising rates for Baila Lump and Fines. The...
Jindal Steel in Intensive Talks to Acquire Thyssenkrupp’s Steel Division
Jindal Steel International is in advanced talks with Germany’s Thyssenkrupp AG to acquire its steel division, aiming to strengthen its European presence and...
UCCIL Warns 30% Export Duty on Low-Grade Iron Ore Could Hit Industry and State Revenues
UCCIL warns that the 30% export duty on low-grade iron ore could reduce production, hurt domestic prices, and cost mining states over ₹16,200...
Women Power: L&T Team Assembles and Commissions 100-Tonne Dump Truck
In a historic first for India, an all-women team from L&T Construction & Mining Machinery division assembled and commissioned a 100-tonne Komatsu HD785-7...
India Blasts U.S. Steel & Aluminium Tariffs as WTO Violation; Reserves Right to Counter
India has slammed the U.S. for imposing steep tariffs on steel and aluminium, calling it a WTO violation. The government estimates USD 7.6...
Tata Steel Dispatches First Galvanised Coils from New CGL-1 Unit in Kalinganagar
Tata Steel has dispatched the first batch of galvanised coils from its new Continuous Galvanising Line (CGL-1) at Kalinganagar, Odisha. Part of the...
JSW Steel Posts Strong Q1 FY26 Results, Stays Wary Amid Import Threats
For the FY26 first quarter, JSW Steel produced a fine set of numbers with net profit at ₹2,209 crore-more than double from ₹867...
