Steel Industry News

Tata Steel has announced a contract with Italy-based Tenova to supply an advanced electric arc furnace (EAF) as part of its green steelmaking initiative in the UK. The landmark....

Tata Steel has signed a contract with Italian metals technology company Tenova to install an advanced electric arc furnace (EAF) at its Port Talbot plant in Wales, in a....

JSW Steel, in partnership with Japan’s JFE Steel Corp, has completed the acquisition of Thyssenkrupp Electrical Steel (TKES) India for Rs 40.51 billion. The 50:50 joint venture, to be....

India’s Steel Ministry is reportedly pushing for a temporary tax on steel imports to protect the domestic industry from a recent surge in foreign steel entering the market. The....

India's steel companies are bracing for a challenging second quarter (Q2) of the financial year, with profits expected to dip significantly due to falling steel prices and rising costs....

According to a report by Nomura, India’s steel industry is set to grow significantly in the coming years. There are plans to expand crude steel capacity by around 23....

Bokaro Steel Plant (BSL) has announced plans to set up two greenfield steel plants, each with a production capacity of 5 million tonnes per annum (MTPA). However, the immediate....

The government has assigned Ajit Kumar Saxena, currently Chairman and Managing Director (CMD) of MOIL, an additional role as CMD of Rashtriya Ispat Nigam Ltd (RINL). The Ministry of....

Shyam Metalics and Energy has announced the launch of its stainless-steel rebar production, specifically targeting the coastal regions. This initiative comes as a part of Shyam Metalics’ commitment to....