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SAIL Bokaro Achieves Breakthrough with Indigenous Electrical Steel for EVs and Power Equipment

SAIL’s Bokaro Steel Plant achieves a landmark by producing India’s first NGO electrical steel grade for EVs and power equipment, boosting self-reliance and...

IndiaIndustrialIron OreMarket UpdatesMetalMiningNewsSteel Daily

India Expands Specialty Steel Mission: Third Round of PLI Scheme Launched to Boost Advanced Steel Manufacturing

India launches the third round of its PLI Scheme for Specialty Steel to attract ₹43,874 crore investment, create jobs, and boost high-end steel...

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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,...

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India targets 300 million tonnes steel capacity by 2030; explores green steel collaboration with Sweden

India is targeting 300 million tonnes of crude steel capacity by 2030, with Sweden exploring green steel collaboration as domestic demand surges amid...

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...

IndustrialMarket UpdatesMetalNewsReal EstateSteel DailyTrade

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...

ExportimportIndiaIndustrialIron OreMarket UpdatesMetalNewsSteel DailyTrade

Domestic Steel Prices Plunge to Five-Year Low Amid Rising Imports and Weak Export Demand

Domestic steel prices drop to Rs 47,000–48,000 per tonne, a five-year low, amid rising imports and weak export demand; Steel Ministry holds discussions...

ConstructionIndustrialInfrastructureMarket UpdatesMetalMiningNewsSteel Daily

India’s Small Steelmakers Cut Production as Weak Demand and Monsoon Slowdown Hit Construction Sector

India’s small steel producers have cut output by nearly one third amid weak demand, falling prices, and monsoon disruptions, despite government tax cuts...

IndiaIndustrialIron OreMetalMiningNewsSteel DailyTechnology

JSW Steel Q2 FY26 Net Profit Surges 270% to ₹1,623 Crore on Record Production and Strong Exports

JSW Steel reported a Q2 FY26 net profit of ₹1,623 crore, up 270% YoY, driven by record 7.90 million tonnes steel production, strong...

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From Struggle to Strength: Visakhapatnam Steel Plant Rebounds with 79% Capacity Utilisation

After a year of focused recovery efforts and ₹11,440 crore in Central aid, the Visakhapatnam Steel Plant has lifted capacity utilisation to 79%....