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Jindal Steel & Power Reports Record Production and Sales in FY’25, Sets Ambitious FY’26 Targets

Jindal Steel & Power (JSP) posted its record crude steel output and sales during the financial year 2025 (FY’25) riding on strong performances...

Market UpdatesNewsSteel DailyTrending News

India Weighs Safeguard Duty on Steel Imports Amid Industry Concerns

On 17 March, Darpan Jain, Director General, Directorate General of Trade Remedies (DGTR), said that India is continuing to examine a proposal to...

Iron OreNewsSteel DailyStocks

GPIL: Net Profit Falls 37% in Q3 FY 2024-25

Godavari Power and Ispat Limited (GPIL), an Indian steel and pellet producer, reported a sharp fall in its consolidated net profit in the third...

NewsSteel DailyStocksTrending News

Steel Stocks Drop on Trump’s New Tariff Imposition on Imports

Shares of steel and aluminum declined on Monday as Trump put a new blanket tariff of 25% on all steel and aluminium imports....

NewsSteel Daily

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...

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

JSPL to Upgrade Steckel Mill with Danieli’s Advanced Cooling Technology

Indian steel producer Jindal Steel and Power Limited has opted to modernize its Steckel mill in Raigarh, India. It has chosen Italian plant...

NewsSteel DailyTrending News

Government Incorporates 151 Steel Standards into Quality Control Order to Ensure Quality

On Thursday, the Indian government announced the inclusion of 151 steel standards developed by the Bureau of Indian Standards (BIS) in the Quality...

ConstructionNewsSteel Daily

Rainy Season in Chennai Slows Steel Trades; Scrap Prices to Stay Moderate in December

The current rainy season has definitely taken a toll on steel demand, which is one of the reasons why some market activity in...