Steel Industry Updates
Vedanta Iron and Steel Reports Record Quarterly Pig Iron Production of 291,000 Tonnes in Q1 FY27
Vedanta Iron and Steel Limited achieved its highest-ever quarterly pig iron production of 291,000 tonnes in Q1 FY27, driven by strong mining and...
Centre Proposes Revised Carbon Emission Targets for 255 Iron and Steel Units Under Carbon Credit Trading System
The Centre has released revised greenhouse gas emission intensity targets for 255 iron and steel units under the Carbon Credit Trading System, inviting...
India’s Stainless Steel Industry Seeks National Policy to Boost Manufacturing and Reduce Import Dependence
India's stainless steel industry has called for a National Stainless Steel Policy and a National Anti-Corrosion Policy to strengthen domestic manufacturing, reduce imports,...
LPG Supply Disruptions Impact Operations at RINL-Visakhapatnam Steel Plant
LPG supply disruptions linked to West Asia tensions have affected operations at RINL’s Visakhapatnam Steel Plant, highlighting the sector’s dependence on steady fuel...
Centre Plans Major Revival of VISPL with Rs 4,000 Crore Investment, Says HD Kumaraswamy
Union Minister HD Kumaraswamy announced a Rs 4,000 crore plan to revive the Visvesvaraya Iron and Steel Plant, alongside sharp criticism of the...
Vizag Steel Plant to Privatise Firefighting Services Amid CISF Exit
In a very stirring development, the Vizag Steel Plant (VSP) will go for privatising firefighting, prevention and rescue services. The management has floated...
JSW Steel Finalizes ₹4,158 Crore Acquisition of Thyssenkrupp Electrical Steel India
JSW Steel has completed the acquisition of Thyssenkrupp Electrical Steel India Private Limited, better known as tkES India, through its wholly owned subsidiary...
Indian Steel Ministry Proposes Consideration of Merger between KIOCL, NMDC
India’s Ministry of Steel has proposed a merger between two public-sector companies, KIOCL and National Mineral Development Corporation (NMDC) to flush out its...
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...
