steel sector updates
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Sambhv Steel Tubes Moves to Double Annual Capacity with ₹50 Crore Expansion Plan
Sambhv Steel Tubes has approved a ₹50 crore expansion plan that will double its annual manufacturing capacity to 1,16,000 MT by FY26 Q4....
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Visakhapatnam Steel Plant Under Pressure as Output Falls
The Union Steel Ministry has raised serious concerns over falling production and recurring conveyor failures at the Visakhapatnam Steel Plant, stressing that the...
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Govt Reviewing Supreme Court Verdict That Voided JSW Steel’s ₹19,700-Cr Bhushan Deal
The Indian government is in the process of framing its response to the Supreme Court’s recent decision cancelling JSW Steel’s ₹19,700-crore takeout of...
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India’s Steel Industry Unshaken by EU Import Curbs, Local Demand to Offset Impact
India may be harming the EU steelmakers, who need more fresh goods; The European Commission in September imposed high import taxes to protect local...
