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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...

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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%....

ConstructionIron OreMarket UpdatesMetalMiningNewsSteel DailyTrending News

Jindal India Expands Steel Capacity with Rs 1,500 Crore Investment in West Bengal

Jindal India commissions a new Rs 1,500 crore downstream steel facility in West Bengal, boosting production capacity by 60% and strengthening its position...

ConstructionIndustrialKarnatakaMarket UpdatesMetalNewsSteel Daily

Karnataka Awaits Court Verdict Before Proceeding with ₹54,000 Crore Koppal Steel Project

Karnataka Chief Minister Siddaramaiah stated that the government will decide on Baldota Group’s ₹54,000 crore steel plant in Koppal after court verdicts. The...

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UCCIL Warns 30% Export Duty on Low-Grade Iron Ore Could Hit Industry and State Revenues

UCCIL warns that the 30% export duty on low-grade iron ore could reduce production, hurt domestic prices, and cost mining states over ₹16,200...

ConstructionIron OreMetalMiningNewsSteel DailyTrending News

Government Engagement to Make Iron Ore Affordable Aims to Lower Steel Prices: ISA

The Indian Steel Association (ISA) is working with the government to make iron ore more affordable, aiming to reduce steel production costs and...