Steel Industry
SAIL Sees Limited Impact on Steel Prices Despite West Asia Crisis, Strengthens Raw Material Supply Routes
SAIL expects only a marginal impact on steel prices from the ongoing West Asia crisis despite rising freight costs for imported limestone. The...
Shyam Metalics Plans ₹20,000 Crore Investment in West Bengal, Eyes Major Railway Manufacturing Push
Shyam Metalics plans to invest ₹20,000 crore in West Bengal, including a ₹4,000 crore railway manufacturing unit in Kharagpur, while expanding employment in...
Jindal Steel Achieves Global First with Large Scale Syngas Deployment in Steelmaking
Jindal Steel has become the first steel company globally to deploy coal gasification based syngas across multiple stages of steelmaking operations, strengthening sustainability...
Tata Steel partners with University of Science and Technology Beijing to accelerate low-carbon steelmaking innovation
Tata Steel has signed an MoU with the University of Science and Technology Beijing to jointly develop low-carbon steelmaking technologies, focusing on decarbonisation,...
RINL’s Visakhapatnam Steel Plant clocks 52% production growth, turnover rises 22% in FY26
RINL’s Visakhapatnam Steel Plant has reported a sharp rise in production and turnover in FY26, driven by improved operational efficiency, stronger sales and...
JSW Steel Reports 9% Rise in Crude Steel Production Despite Vijayanagar Furnace Shutdown
JSW Steel recorded a 9% year-on-year growth in crude steel production for October 2025, maintaining strong operational performance despite the temporary shutdown of...
Indian Metals & Ferro Alloys to acquire Tata Steel’s Odisha ferro alloys plant for ₹610 crore
Indian Metals & Ferro Alloys Ltd (IMFA) has announced the acquisition of Tata Steel’s ferro alloys plant in Odisha for ₹610 crore to...
Jindal (India) Expands Colour-Coated Steel Capacity to Support India’s White Goods Growth
Jindal (India), part of the BC Jindal Group, invests Rs 1,500 crore to expand colour-coated steel capacity in West Bengal, targeting India’s booming...
NMDC Cuts Iron Ore Prices by up to ₹550 per Tonne; Targets Record 55 Million Tonne Output
NMDC has reduced iron ore prices by up to ₹550 per tonne effective October 22, revising rates for Baila Lump and Fines. The...
Jindal Steel in Intensive Talks to Acquire Thyssenkrupp’s Steel Division
Jindal Steel International is in advanced talks with Germany’s Thyssenkrupp AG to acquire its steel division, aiming to strengthen its European presence and...
