Steel Industry News

Rama Steel Tubes (RSTL) announced the commencement of a 40,000 tonne expansion project at its plant in Khopoli, Maharashtra. The expansion is in addition to the company's current installed....

Moody's, the global credit rating agency, has assigned JSW Steel a BA1 corporate family rating, reflecting the company's positive outlook. This rating highlights JSW Steel's strong financial position and....

In a bold environmental commitment, Jindal Stainless has announced its ambitious goal of achieving a 50% reduction in CO2 emissions by 2035. The company unveiled its strategic plan, emphasizing....

A recent development in the Indian steel industry signals a significant shift as domestic steel mills eagerly adopt the concept of 'Made in India' steel for international markets.

The partnership....

The Federation of Steel Executives approached the Prime Minister and advocated merger of public sector steel undertakings (PSUs). In their proposal, they propose the merger of NMDC, NMDC Steel,....

According to a report by SteelMint India, India's steel demand is expected to grow at a CAGR of 7 percent and reach 190 million tonnes (MT) by 2030. Demand....

Tata Steel Ltd has successfully challenged the division's transfer pricing claim of Rs 100 crore in the Income Tax Appellate Tribunal ruling in favor of the steelmaker. A bench....

Alloy steel manufacturers have approached the Ministry of Steel seeking exemption from import duties for direct reduced iron pellets manufactured through the gas or hydrogen-based route. The exemption is....

Tata BlueScope Steel continues to provide infrastructure solutions through its EZYBUILD technology. These lightweight structural buildings have played an important role in meeting the urgent needs of communities across....

Welspun Corp has announced that its sister company, East Pipes Integrated Company for Industry (EPIC) in the Kingdom of Saudi Arabia (KSA), has signed a contract for the production....