Steel Industry News

Shyam Metalics and Energy Ltd, an integrated metal fabricator headquartered in Kolkata announced the acquisition of Mittal Corp Ltd, a company in the production of stainless steel, wire rod....

To increase the annual production capacity to 5.5 lakh tons, Arjas Steel, formerly Gerdau Steel, planned a capital expenditure of Rs 6.1 billion. This represents an increase of more....

India's finished steel exports more than halved during the first eight months of the current fiscal year, which began in April, according to the latest government data.

Between April and....

Indian corporate entities Vedanta Aluminum and Jindal Stainless will build production parks near their production facilities in Odisha and Essar Capital. It will spend more than Rs. 500 billion....

The government has issued an invitation for the strategic sale of the Nagarnar Steel Plant owned by NMDC. According to the Department of Investment and Public Asset Management (DIPAM),....

Vedanta Aluminium, India's largest producer of aluminum, gave a technical masterclass on ways to improve the productivity of the extrusion industry, with nearly 300 participants from nearly 60 leading....

The elimination of India's export tariffs on intermediate steel products will greatly help domestic companies to compete in international markets, JSW Steel's Chief Financial Officer Seshagiri Rao MVS recently....

RHI Magnesita, the leading global supplier of refractories, announces the acquisition of the Indian refractories business of Dalmia Bharat Refractories (“DBRL”). DBRL is one of India's leading refractory players....

Vedanta Group, led by Anil Agarwal, is reportedly leaving the steel business nearly four years after deciding to go big in it. According to reports, Vedanta plans to sell....

Four years after picking up Electrosteel Steels Ltd to mark its entry into the steel industry, the Anil Agarwal-led Vedanta Group has decided to sell the company. This will....