Steel Industry India
Jindal Stainless Eyes ₹40,000 Cr Investment in Maharashtra, In Talks for Land
Jindal Stainless has considered an offer of ₹40,000 crore to establish a stainless steel plant in Maharashtra, Managing Director Abhyuday Jindal said. Citing...
India Seeks Increased Steel Export Access in Current FTA Negotiations: Piyush Goyal
India is aggressively seeking better trade terms to increase its steel exports through current Free Trade Agreement (FTA) negotiations with several global partners,...
Tata Steel Q4 Profit Likely to Jump 34.6% YoY to ₹1,060 Cr: PL Capital
Tata Steel is likely to log a 34.6% year-on-year increase in consolidated net profit during the fourth quarter of FY25 at ₹1,060 crore,...
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...
India Mulls 20% Safeguard Duty to Counter Chinese Steel Dumping Amid US Tariff Surge
As the U.S. ramps up its trade war with China by slapping a massive 125% tariff on Chinese imports, India is now considering...
NMDC Steel Hits 2 Million MT Crude Steel Production in First Full Operational Year
State-run mining giant NMDC Limited owns NMDC Steel Limited, its wholly-owned subsidiary, and its crude steel production in the financial year 2024-25 crossed...
JSPL Acquires Allied Strips for $26 Million to Boost Value-Added Steel Capacity
To enhance its value-added steel portfolio, Jindal Steel and Power Limited (JSPL) has announced its acquisition of Allied Strips Limited (ASL) for $26 million....
India’s Finished Steel Imports Surge 16% in April-February – Exports Plunge 34%
India’s finished steel imports rose sharply by 15.8% to 8.98 million metric tons (mt) during the April-February period of the 2024-25 fiscal year,...
Jindal Stainless to Invest ₹40,000 Crore in Maharashtra for New Manufacturing Facility
Jindal Stainless Ltd (JSL) is to invest ₹40,000 crore to set up a modern stainless-steel plant in Maharashtra. The plant will be developed in...
India Proposes 12% Safeguard Duty on Steel Imports to Protect Domestic Industry
The Indian industry was seeking safeguard measures given the surge in steel imports from countries, particularly from China and Vietnam. The provisional duty recommendation was...
