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Eight Workers Killed in Molten Steel Explosion at Visakhapatnam Steel Plant

A devastating molten steel explosion at Visakhapatnam Steel Plant has claimed the lives of eight workers and left several others critically injured, raising...

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Tata Steel Targets 50% Iron Ore Supply from Captive Mines After 2030 to Strengthen Raw Material Security

Tata Steel plans to source at least 50% of its iron ore requirements from captive mines after 2030 as existing mining leases near...

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SAIL Sees Limited Impact on Steel Prices Despite West Asia Crisis, Strengthens Raw Material Supply Routes

SAIL expects only a marginal impact on steel prices from the ongoing West Asia crisis despite rising freight costs for imported limestone. The...

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Indian Steel Giants Forecast Major Profit Leap in March Quarter

Steel manufacturers in India are entering a lucrative phase as the March quarter approaches. Experts predict a substantial rise in earnings driven by...

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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...

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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...