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Baldota Group to Invest ₹54,000 Crore in Karnataka for Integrated Steel Plant

Karnataka-based Baldota Group announced a massive investment of ₹54,000 crores in setting up an integrated steel plant in Koppal. The company, functioning under...

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Steel Safeguard Duty Under Review: MSMEs Raise Concerns on Rising Costs

The commerce ministry investigation arm DGTR (Directorate General of Trade Remedies) has called for an investigation to scrutinize the imports of steel into...

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Tata Steel collaborates with NMDC and OMC to secure future iron ore supply

Tata Steel has begun negotiations with state-owned enterprises NMDC and Odisha Mining Corporation (OMC) to guarantee a consistent supply of iron ore for...

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Steel Imports Threaten Domestic Industry’s Growth, Says ICRA in FY25 Outlook

The country’s domestic steel sector will have a very tough year going ahead with capacity utilization likely to slide below 80% for the...

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India Unveils Green Steel Taxonomy: A Key Step Towards Sustainable Steel Industry

India announced Taxonomy of Green Steel which declares one of the most significant changes towards the decarbonising of its steel industry. It indeed...