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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...

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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...

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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...

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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...

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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...

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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...

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Visakhapatnam Steel Plant Won’t be Privatized, Says Steel Minister Kumaraswamy

Giving a major announcement to a perturbed nation, Union Steel Minister H.D. Kumaraswamy yesterday assured that Rashtriya Ispat Nigam Limited – Visakhapatnam Steel...

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Centre Mulls Review of Import Barriers as MSMEs Protest Steel Protectionist Measures

In a growing debate on the impact of import restrictions on various sectors, the Indian government may review the protective barriers that currently...

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JSPL to Upgrade Steckel Mill with Danieli’s Advanced Cooling Technology

Indian steel producer Jindal Steel and Power Limited has opted to modernize its Steckel mill in Raigarh, India. It has chosen Italian plant...

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AM/NS India to Make Car Makers Independent on Steel Imports

ArcelorMittal-Nippon Steel joint venture, AM/NS India, is planning to force carmakers to stop importing steel by March 2025. “We will commission a new...