steel industry news
Rashmi Group to Set Up ₹12,500 Crore Steel Plant in Telangana, AB InBev Expands Operations
Rashmi Group has announced a ₹12,500 crore investment to establish a major steel manufacturing plant in Telangana, while AB InBev plans to expand...
Steel Prices Gain Momentum as Policy Support and Export Demand Lift Market Sentiment
Steel prices in India have begun firming up as mills raise hot rolled coil rates, supported by safeguard duty, rising exports and higher...
RINL’s Visakhapatnam Steel Plant Sets New Benchmark in Daily Liquid Steel Production
Rashtriya Ispat Nigam Limited’s Visakhapatnam Steel Plant has achieved its highest-ever combined daily liquid steel production, marking a key operational milestone driven by...
India Imposes Five Year Anti Dumping Duty on Cold Rolled Steel Imports from China
India has imposed a five year anti dumping duty on cold rolled steel imports from China to protect domestic manufacturers, following a DGTR...
Jindal Cement Industries’ Share Purchase Brings Strategic Shift in Jindal Steel’s Promoter Structure
Jindal Cement Industries has acquired shares in Jindal Steel, marking its entry into the promoter group. The move signals strategic alignment and stability...
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...
