Steel Industry Growth
India Pushes for Overseas Raw Material Acquisitions to Boost Steelmaking Capacity
India is actively seeking Indian companies to acquire raw material assets overseas, in an attempt to integrate India’s steel supply chain as it...
Specialty Steel PLI Scheme Attracts Rs 25,200 Crore Investment by 35 Companies
India’s push to promote domestic manufacturing is picking up speed, with 35 companies pledging a whopping Rs 25,200 crore to drive the specialty...
Steel Exchange India Expands Production Capacity, Shares Surge
Steel Exchange India jumped 3.27% to ₹7.90 after the firm announced the completion of its expansion at the Visakhapatnam facility in the state of...
Shyam Metalics Reports Surging YoY Stainless Steel & Aluminium Foil Sales, Despite MoM Dip
Shyam Metalics and Energy Ltd have shown strong YoY growth in February 2025 for sales of stainless steels and aluminium foils, aided by improved...
Steel Stocks Surge: Five Key Drivers Behind the Market Rally
The sectoral leader at Friday’s session was the Nifty Metal Index, which ended sharply higher, riding the wind after the monetary policy announcement...
JSW Steel Sees Growth in Crude Steel Production with 2.3% Rise to 7.03 million Tonne MT
JSW Steel, under its CEO Sajjan Jindal, delivered a 2.3 percent growth in the company’s crude steel production as reported in consolidated Q3...
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...
ISSDA Advocates for Separate Stainless Steel Policy to Boost India’s Industry
The Indian Stainless Steel Development Association (ISSDA) is calling for a dedicated policy to support India’s stainless steel sector. Currently, the industry is...
