Steel Production
India’s Steel Sector is at its Critical Juncture with China’s Imports Going on the Rise
The Indian steel sector is reaching a critical juncture of intense pressure caused by the onslaught of rising imports, mainly targeting small and...
Lloyds Metals Sees Strong Growth in DRI and Iron Ore Production in FY25
Lloyds Metals & Energy Ltd. (LMEL) witnessed strong operational improvement in the nine months to December 2024, with significant increases in production of...
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...
