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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...

NewsSteel DailyTrending News

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...

NewsSteel DailyTrending News

India Plans Tax on Some Low-Cost Steel Imports from China

Temporary levy of 15%-25% on China-origin steel imports within 6 months scrapped Steel Minister H.D. Kumaraswamy said the move was aimed at protecting local manufacturers...

EventsNewsSteel DailyTrending News

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...

NewsSteel DailyTrending News

Vizag Steel Plant Achieves Record Production Amid Financial Struggles

Though RINL, popularly known as the Visakhapatnam Steel Plant, is at its lowest level in terms of finances and yet continues to strive...

Budget 2025NewsSteel DailyTrending News

Union Budget 2025: Increase in PLI scheme for specialty steel

According to Finance Minister Nirmala Sitharaman on February 1, her eighth successive Union Budget allocated a sum of considerable measures to the production-linked...

NewsSteel DailyTrending News

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...

NewsSteel Daily

Visakhapatnam Steel Plant Faces ₹35,000 Crore Debt, Says Steel Secretary Sandeep Poundrik

Visakhapatnam Steel Plant, under the umbrella of Rashtriya Ispat Nigam Limited (RINL), is running into a staggering liability of ₹35,000 crores of default...

NewsSteel DailyTrending News

Tata Steel Develops Hydrogen-Ready Steel Pipes in a Milestone for India’s Energy Sector

Tata Steel Limited today achieved a historic milestone in hydrogen transportation as it became the first steelmaker in India to develop steel pipes...