steel industry news India
LNG Supply Disruptions May Force Small Steel Mills in India to Cut Output
Small steel producers in India are facing potential production cuts as LNG supply disruptions and rising fuel costs linked to Middle East tensions...
RINL Returns to Cash Profit as Operational Revival Gains Momentum
Rashtriya Ispat Nigam Limited reports a return to cash profitability as production stabilises and blast furnaces resume operations at the Visakhapatnam Steel Plant.
India’s Crude Steel Output Rises 10.6% in Apr–Jan; Exports Strengthen Trade Balance
India’s crude steel production grew 10.6% in April–January FY26, with exports surging and imports declining sharply, positioning the country as a net exporter...
Steel Industry Pushes for Permanent Anti-Dumping Duty to Counter Import Pressure
India’s steel industry is urging the government to move beyond temporary safeguard duties and implement permanent anti-dumping measures to curb cheap imports, stabilise...
Tata Steel Secures CCI Approval for Full Ownership of Tata Steel Colors
Tata Steel has secured CCI approval to acquire full ownership of Tata BlueScope Steel. The company, now transitioning to the Tata Steel Colors...
China’s Steel Surge Pressures Indian Giants as Fitch Lowers Rating Headroom
India’s steel industry is feeling the heat as Fitch Ratings downgraded the rating headroom for JSW Steel and Tata Steel. The agency cited...
Government Greenlights ₹10,300 Crore Equity Infusion for RINL, Ties Aid to Increased Output
The government has cleared an equity infusion of ₹10,300 crore as part of a concerted effort to revive Rashtriya Ispat Nigam Limited (RINL). The...
