steel industry news
JSW Steel Seeks Upto $900 mn for Syndicated Loan to Expand
JSW Steel Ltd, India’s largest steel manufacturer, is on a lender hunt to raise $900m in loans from a pool of international lenders...
SAIL, John Cockerill India to Invest ₹6,000 Crore in Green Steel Plant
This is a boost to the steel industry of India. The whole investment in the project will come out to around ₹6,000 crore....
Tata Steel Posts 8% Growth in Q3 India Sales on New Capacity and Exports
The Tata Steel Company said it posted a year-on-year growth of 8 percent in India sales for the quarter ended December ’25 at...
Govt to Relaunch PLI Scheme for Specialty to Boost Domestic Production
Production-Linked Incentive for the specialty steel sector will be a fresh round in which the government will announce the scheme on Monday, which,...
India’s Ministry of Steel to Revamp PLI Scheme for Specialty Steel
India’s Ministry of Steel is revising the Production-Linked Incentive (PLI) scheme to revitalize the prospect of the specialty steel sector and further streamline...
Rainy Season in Chennai Slows Steel Trades; Scrap Prices to Stay Moderate in December
The current rainy season has definitely taken a toll on steel demand, which is one of the reasons why some market activity in...
CCI clears Jsquare Electrical Steel acquisition of Thyssenkrupp Electrical Steel
The Competition Commission of India (CII) has cleared the acquisition of Thyssenkrupp Electrical Steel India Private Limited, also known as Thyssenkrupp India, by...
JSW Steel’s Crude Steel Production Up 5% YoY; US Operations Down 22%
JSW Steel Ltd. announced a 5% increase in its consolidated crude steel production for November, reaching 23.23 lakh tonnes. This is compared to...
Steel Prices Surge in Chennai, Hyderabad, and Bellary Amid Market Volatility
On December 6, 2024, steel prices in South India saw a notable increase. Mills raised their offers for semi-finished and finished long products...
Southern Steel Markets Witness Stability with Minimal Price Adjustments
Steel markets in southern India, including Chennai, Hyderabad, and Bellary, experienced a day of mixed trends on 4 December 2024. While minor price...
