Steel Production
India’s Ministry of Steel Charts Global Strategy for 2025, Aiming to Lead in Production and Exports
The Indian Ministry of Steel is preparing a global strategy for steel in January 2025. This plan aims to align the Indian steel...
India Cements Announces New CEO and CFO After UltraTech Takeover
The Global Trade Research Initiative (GTRI) has demanded that a complete review of the Indian steel industry be done to assess the impact...
GTRI Urges for Assessment of Steel Before Imposing Safeguards
The Global Trade Research Initiative (GTRI) has demanded that a complete review of the Indian steel industry be done to assess the impact...
Centre Pledges ₹10,000 Crore for Visakhapatnam Steel Plant Revival
The Union government has assured financial assistance of ₹10,000 crore for the revival of Visakhapatnam Steel Plant (RINL-VSP) by January 15, 2025. Union...
Tata Steel collaborates with NMDC and OMC to secure future iron ore supply
Tata Steel has begun negotiations with state-owned enterprises NMDC and Odisha Mining Corporation (OMC) to guarantee a consistent supply of iron ore for...
CCI clears Jsquare Electrical Steel acquisition of Thyssenkrupp Electrical Steel
The Competition Commission of India (CII) has cleared the acquisition of Thyssenkrupp Electrical Steel India Private Limited, also known as Thyssenkrupp India, by...
India Unveils Green Steel Taxonomy: A Key Step Towards Sustainable Steel Industry
India announced Taxonomy of Green Steel which declares one of the most significant changes towards the decarbonising of its steel industry. It indeed...
Steel Sector Outlook Positive: JPMorgan Sees Surge in Demand Post-Elections and Monsoon
Steel stocks were in the spotlight on December 11, following a positive outlook from global brokerage JPMorgan. The brokerage highlighted that although overall...
ISSDA Advocates for Separate Stainless Steel Policy to Boost India’s Industry
The Indian Stainless Steel Development Association (ISSDA) is calling for a dedicated policy to support India’s stainless steel sector. Currently, the industry is...
Steelmaking Revolution: India’s Scrap Consumption Rises 8% in 2024
India’s ferrous scrap consumption rose by 8% year-on-year in the first 10 months of 2024 (10MCY’24), reaching 28.08 million tonnes (mnt) compared to...
