steel industry news
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...
Mukand Sumi to Invest ₹2,345 Crore in Karnataka Steel Plant, Operations by 2028
Mukand Sumi Special Steel Limited, a joint venture of India and Japan of Bajaj Group and Sumitomo Corporation, has announced the establishment of...
BMW Industries to Invest ₹803 Cr in Jharkhand Plant, Eyes High-End Steel Market
Steel maker BMW Industries will invest ₹803 crore to set up a 0.5 million tonne (MnT) cold rolling complex in Bokaro, Jharkhand, as...
Govt Eases Steel Supply Rules, Waives BIS Certification for 202 Foreign Licences
In a move to ease raw material bottlenecks for domestic steelmakers, the steel ministry has exempted 202 foreign steel licences from mandatory Bureau...
SAIL Eyes ₹36,000 Cr IISCO Expansion by FY27, Faces Tender and Debt Challenges
Steel Authority of India Ltd (SAIL) is pursuing the ambitious expansion of its IISCO Steel Plant at an estimated cost of ₹36,000 crore...
Steel Exchange India Bags ₹210 Cr Contract from RINL for Vizag Steel TMT Rebar Conversion
In an extraordinary turn of events, Steel Exchange India Limited (SEIL) has just bagged a major contract from RINL, popularly known as Vizag...
