steel sector India
NMDC Raises Baila Lump Iron Ore Price; Second Revision in a Month
State-owned NMDC has increased the Baila Lump iron ore price by ₹50 to ₹5,600 per tonne, marking its second revision in a month...
JSW Steel to Set Up 0.5 Million Tonne Scrap Processing Facility in Chennai
JSW Steel is setting up a 0.5 million tonne/year scrap processing facility in Chennai to recycle automotive and appliance scrap for Vijayanagar and...
Jindal Steel Commissions Basic Oxygen Furnace at Angul, Capacity Rises to 9 MTPA
Jindal Steel has commissioned a 250 Metric Tonne Basic Oxygen Furnace at Angul, raising capacity to 9 MTPA, with plans to reach 12...
Tata Steel Goes Digital: Eyes 72-Hour Steel Delivery, Inspired by Zomato and Blinkit
Tata Steel is reimagining its delivery model with a digital-first approach, drawing inspiration from fast-paced platforms like Zepto, Zomato, and Blinkit. “I will...
Steel Exchange India Bags ₹210 Cr Contract from RINL for Vizag Steel TMT Rebar Conversion
In an extraordinary turn of events, Steel Exchange India Limited (SEIL) has just bagged a major contract from RINL, popularly known as Vizag...
Jindal Steel Starts First Galvanising Line in Odisha, Targets High-Value Steel Market
Recently, Jindal Steel & Power, headed by Naveen Jindal, has gone ahead and flagged off its first continuous galvanizing line at the integrated...
Steel Ministry Forms Task Force to Fast-Track $3.45 Billion Rourkela Plant Expansion
The Ministry of Steel is forming a high-level committee to monitor and resolve implementation hurdles to Steel Authority of India Ltd’s (SAIL) Rourkela...
Govt Proposes Global Benchmarking of Iron Ore Prices to Curb Underreporting
In a move aimed at tightening pricing transparency and boosting state revenues, the Ministry of Mines has proposed benchmarking domestic iron ore prices...
SAIL’s Rourkela Steel Plant Commissions New Ladle Furnace to Boost Steel Output
Steel Authority of India Limited’s (SAIL) Rourkela Steel Plant (RSP) has commissioned an advanced ladle furnace, a major development in its pursuit of...
Govt Plans Revival of VISL as Specialty Steel Hub for Defence, Aerospace Sectors
The Centre is exploring the revival of Visvesvaraya Iron and Steel Ltd (VISL), a near-defunct government-owned steel unit in Karnataka, as a high-grade...
