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AMNS India Faces Potential Output Cuts Amid Raw Material Import Restrictions

Indian government restrictions on the imports of key raw materials will force ArcelorMittal Nippon Steel Limited (AMNS) India to cut steel production and...

NewsSteel Daily

NMDC to Supply Iron Ore to RINL for Longer Term, Ensuring Operational Viability

Historically, Rashtriya Ispat Nigam Limited (RINL), a loss-making state-run steelmaker in India, has had a long-term agreement with NMDC Limited to purchase iron ore...

NewsSteel DailyTrending News

SAIL Confident of Growth, to Invest $800 Million in New Rail Mill

In a bid to solidify India’s rail infrastructure, the state-run Steel Authority of India Limited (SAIL), has unveiled plans to invest around $800 million...

NewsSteel Daily

Sourav Ganguly’s Steel Plant to Start Production in 18-20 Months

Speaking at the news conference, Sourav Ganguly noted that his inauguration for the steel plant in West Bengal was a transit to the industrial...

Iron OreMarket UpdatesNews

Iron Ore Price Hovers Around $100 Per Ton, With Mixed Forecasts for 2025

Futures on China’s Dalian Commodity Exchange (DCE) recently began to climb, raising hopes for higher iron ore prices in early 2025. The DCE’s most-traded...

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

Tata Steel Leverage AI to Increase Efficiency and Quality

Tata Steel Limited is one of India’s major steel manufacturing companies The company is now using advanced generative artificial intelligence in a huge...

EventsNewsSteel DailyTrending News

India Steel 2025: Government and Industry Leaders Discuss Key Preparations

The ‘India Steel 2025′ preparations picked up pace with the Secretary, Ministry of Steel, Sri Sandeep Poundrik, leading a critical stakeholders’ meeting to...

NewsSteel DailyTrending News

Vizag Steel Plant Achieves Record Production Amid Financial Struggles

Though RINL, popularly known as the Visakhapatnam Steel Plant, is at its lowest level in terms of finances and yet continues to strive...

Budget 2025NewsSteel DailyTrending News

Union Budget 2025: Increase in PLI scheme for specialty steel

According to Finance Minister Nirmala Sitharaman on February 1, her eighth successive Union Budget allocated a sum of considerable measures to the production-linked...