Steel Industry News

Andhra Pradesh has struck a major deal in which ArcelorMittal agrees to invest Rs 1,000 crore in the Nippon Steel plant in the state of Andhra Pradesh.

ArcelorMittal CEO Aditya....

The government of Goa urged the Ministry of Finance to reduce the excise duty on low-grade iron ore to zero.

Days after the center raised tariffs on iron ore to....

The domestic steel sector has been hit by a moving train, rating agency Icra said in response to the government's duty-related measures.

On Saturday, the government raised the excise tax....

Prices in the long products segment have fallen by about 10-15% to Rs 57,000 per tonne in the Kolkata market, from a high of Rs 65,000 per tonne.

Steel sector....

Tin Company India embarks on a massive development program with the help of his parent company – Tata Steel. In line with Tata Steel's strategy to increase its share....

JSW Steel will soon set up its subsidiary in Italy on the blocking so many attempts by the company to revive the company amid rising raw material costs and....

Aluminum has been proclaimed the green metal of the future. It's a critical facilitator for the ongoing shift to greener energy systems, according to a new McKinsey analysis of....

TV Narendran, CEO and General Manager of Tata Steel, announced that rising steel prices and strong demand could lead the company to accelerate its announced capacity expansion target by....

Lakshmi Mittal-promoted ArcelorMittal India, the frontrunner to acquire the bankrupt Indian Steel Corporation, has reportedly offered an upfront payment of Rs. 8 billion to lenders. Indian Steel Corporation lenders....

To reduce emissions from the steel sector, a high-level meeting was held in Shimla.

Ramchandra Prasad Singh, the union steel minister, chaired the parliamentary advisory committee. The panelists discussed various....