steel investment
Cheap Chinese Steel Imports Threaten India’s Domestic Industry, Says Steel Secretary Sandeep Poundrik
Steel Secretary Sandeep Poundrik warns that rising cheap Chinese steel imports are forcing hundreds of Indian mills to shut or scale back production,...
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...
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...
Steel Exchange India Expands Production Capacity, Shares Surge
Steel Exchange India jumped 3.27% to ₹7.90 after the firm announced the completion of its expansion at the Visakhapatnam facility in the state of...
Government Receives 73 Applications for Specialty Steel PLI Scheme
The Indian government has got 73 applications under the second round of the Production Linked Incentive (PLI) scheme for specialty steel. According to the...
SAIL Confident of Growth, to Invest $800 Million in New Rail Mill
In a bid to solidify India’s rail infrastructure, the state-run Steel Authority of India Limited (SAIL), has unveiled plans to invest around $800 million...
ArcelorMittal Registers 56% EBITDA Decline Following Pressure on Prices
ArcelorMittal/Nippon Steel India, the Indian arm of London-based steel behemoth ArcelorMittal, experienced a sliding-down scenario for its EBITDA to more than halve to...
India Steel 2025: Government and Industry Leaders Discuss Key Preparations
The ‘India Steel 2025′ preparations picked up pace with the Secretary, Ministry of Steel, Sri Sandeep Poundrik, leading a critical stakeholders’ meeting to...
