steel industry news
Tata Steel Records Strong Second Quarter Growth Driven by India Operations and Strategic Stake Acquisition
Tata Steel delivered a resilient second quarter with a 319 percent surge in consolidated net profit, strong India-led growth, and a key acquisition...
India Turns Net Exporter of Finished Steel in October Amid Strong Production Growth
India became a net exporter of finished steel in October 2025 as exports surged nearly 45% year-on-year, supported by robust production and steady...
Domestic Steel Prices Plunge to Five-Year Low Amid Rising Imports and Weak Export Demand
Domestic steel prices drop to Rs 47,000–48,000 per tonne, a five-year low, amid rising imports and weak export demand; Steel Ministry holds discussions...
JSW Steel to Set Up 0.5 Million Tonne Scrap Processing Facility in Chennai
JSW Steel is setting up a 0.5 million tonne/year scrap processing facility in Chennai to recycle automotive and appliance scrap for Vijayanagar and...
JSW Steel Q2 FY26 Net Profit Surges 270% to ₹1,623 Crore on Record Production and Strong Exports
JSW Steel reported a Q2 FY26 net profit of ₹1,623 crore, up 270% YoY, driven by record 7.90 million tonnes steel production, strong...
Karnataka Awaits Court Verdict Before Proceeding with ₹54,000 Crore Koppal Steel Project
Karnataka Chief Minister Siddaramaiah stated that the government will decide on Baldota Group’s ₹54,000 crore steel plant in Koppal after court verdicts. The...
India’s Demand Shields Steel Sector from China’s Export Flood, Says Tata Steel CEO
Tata Steel CEO T.V. Narendran says India’s strong demand shields domestic steelmakers from China’s cheap exports, while Kalinganagar expansion stays on track.
John Cockerill India Wins ₹80 Crore Order from Tata Steel for Jamshedpur Facility
John Cockerill India has secured a ₹80 crore contract from Tata Steel to supply pickling and acid regeneration plants at its Jamshedpur Tinplate...
Centre Drafts ₹5,000-Cr Mission to Push Green Steel, Cut Emissions
The Union government is proposing a ₹5,000-crore mission to support the adoption of clean technologies by the steel sector, with a major focus...
Vardhman Special Steels, Japan’s Aichi Steel to set up $284 mn green steel plant in Punjab
Vardhiman Special Steels Limited (VSSL) signed an agreement for collaboration with Japan’s Aichi Steel Corporation (ASC) in establishing a special steel manufacturing center...
