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Lloyds Metals to Enter TMT Bar Market With New Steel Production Plan

Lloyds Metals and Energy is preparing to enter the TMT bar market, using iron ore from its Surjagarh mines in Gadchiroli and expanding...

IndiaMetalNewsSteel Daily

SAIL Chairman Ashok Kumar Panda said steel scrap will become a key raw material for India’s steel industry.

SAIL Chairman Ashok Kumar Panda says steel scrap will emerge as a key raw material for India's steel industry as the country expands...

IndustrialIron OreMetalMiningNewsSteel Daily

Shyam Metalics’ Ramsarup Industries to Commission Advanced Blast Furnace and Sinter Plant by November 2025

Ramsarup Industries, part of Shyam Metalics, will commission a Rs 369 crore, 0.45 MTPA blast furnace and sinter plant by November 2025 to...

IndustrialNewsSteel DailyTrending News

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...

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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...

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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...