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JSW Steel Approves ₹33,000 Crore Capex to Accelerate Vijayanagar Expansion, Total Investment Pipeline Reaches ₹1.31 Lakh Crore

JSW Steel has approved fresh capital expenditure of over ₹33,000 crore during the first quarter of FY27, with a major focus on expanding...

IndiaIndustrialMetalNewsSteel Daily

Centre Reaffirms Commitment to Strengthen SAIL as India Targets Steel Growth

Union Steel Minister H.D. Kumaraswamy has reaffirmed the Centre's commitment to strengthening SAIL through technology, specialty steel, sustainability and capacity expansion to support...

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Eight Workers Killed in Molten Steel Explosion at Visakhapatnam Steel Plant

A devastating molten steel explosion at Visakhapatnam Steel Plant has claimed the lives of eight workers and left several others critically injured, raising...

IndiaIndustrialInvestmentMetalNewsSteel Daily

Fives and John Cockerill Secure JSW Steel Contract for Electrical Steel Project at Vijayanagar

Fives Group and John Cockerill have secured a major contract from JSW Steel for its electrical steel project at Vijayanagar, strengthening India's advanced...

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Tata Steel Plans 48 MT India Capacity Expansion Through Brownfield Projects

Tata Steel plans to expand its India steel production capacity to 48 million tonnes through brownfield projects while expecting UK operations to achieve...

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Steel Ministry Reviews BIS Certification Norms for Fastener Industry Amid MSME Concerns

The Ministry of Steel has initiated consultations on easing BIS certification norms for the fastener industry following concerns over rising compliance costs, supply...

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

Steel Exchange India Strengthens Capital Base with ₹40.32 Crore Warrant Move

Steel Exchange India raises ₹40.32 crore through warrant allotment and conversions, strengthening its capital base to support expansion and operational growth.

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Govt extends interest subsidy to MSME iron and steel exporters; curbs Baryte exports

The government has extended interest subvention benefits to MSME iron and steel exporters while imposing restrictions on select Baryte grades to manage global...

IndiaIndustrialInfrastructureMarket UpdatesNewsSteel Daily

H.D. Kumaraswamy calls for innovation-led growth in India’s steel sector at SRTMI workshop

Union Steel Minister H.D. Kumaraswamy has urged industry leaders, researchers, and startups to accelerate innovation, green steel technologies, and indigenous capabilities to strengthen...

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RINL Returns to Cash Profit as Operational Revival Gains Momentum

Rashtriya Ispat Nigam Limited reports a return to cash profitability as production stabilises and blast furnaces resume operations at the Visakhapatnam Steel Plant.