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SAIL Taps ABB for Digital Twin Technology to Upgrade Rourkela Steel Plant

To upgrade operations and remain ahead of the competition in an increasingly competitive market, the Steel Authority of India Limited (SAIL) has entered...

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Tata Steel Expands Kalinganagar Plant to 8 MT, Crosses 26 MT Capacity in India

Tata Steel has commissioned its ₹27,000 crore Phase-II expansion project at its Kalinganagar plant in Odisha, increasing its overall steelmaking capacity in India...

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Tata Steel Targets ₹11,500 Crore Global Cost Cut in 18 Months

Tata Steel is launching a fresh cost-cutting drive aimed at saving ₹11,500 crore (approximately $1.3 billion) across its global operations within the next...

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SAIL to Test Mongolian Coking Coal Import as India Eyes Reduced Reliance on Australia

India’s state-owned steel producer, Steel Authority of India Limited (SAIL), will pilot a coking coal import from Mongolia, industry and company sources said....

IndustrialNewsSteel DailyTrending News

Vardhman Special Steels to Set Up New ₹2,000 Crore Greenfield Plant in Punjab

Vardhman Special Steels Ltd. has declared the plan to establish a greenfield steel plant in Punjab, to increase its production capacity by two-fold...

IndustrialMarket UpdatesMetalNewsSteel Daily

NMDC Steel Hits 2 Million MT Crude Steel Production in First Full Operational Year

State-run mining giant NMDC Limited owns NMDC Steel Limited, its wholly-owned subsidiary, and its crude steel production in the financial year 2024-25 crossed...

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Steel Mills Cut Production as Imports Surge, Trade Deficit Widens

In a development that could put upward pressure on domestic steel prices, key Indian steel makers, barring Jindal Steel and Power Ltd (JSPL) have...

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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...

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SAIL to Invest ₹30,000 Crore to Increase Rourkela Steel Plant to 9.4 MTPA by 2030

One of the first public sector steel plants in the country Rourkela Steel Plant (RSP)-is all set to undergo a massive expansion with...

NewsSteel DailyTrending News

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...