Steel Industry News

Domestic steel prices are expected to remain around Rs 59,000 per tonne (flat steel) and Rs 56,000 per tonne (long steel) in this fiscal year despite the slowdown in....

Tata Steel, a global steel giant, has entered into a strategic partnership with ABB India to be at the forefront of developing cutting-edge technology aimed at significantly reducing carbon....

Tata Steel Ltd and ABB India have signed a Memorandum of Understanding (MoU) and will work together to co-create innovative models and technologies that help reduce the carbon footprint....

India's steel exports have plummeted by 33% due to sluggish international demand and increased competition from Chinese steel producers. Despite this setback, the robust domestic market has protected local....

As of Friday, Jindal Stainless Ltd. (JSL) claimed to have supplied a high strength alloy steel grade for use by ISRO on the Chandravaan-3 mission. To meet the rigorous....

India's steel exports fell by a third in 2022 from last year due to lukewarm global demand and increasing competition from China, a new report reveals. Data from SteelMint....

Shirdi Steel and Rollers has received a major nod from the Goa State Expert Appraisal Committee (Goa-SEAC) for the expansion of its steel unit at the Cuncolimb Industrial Park.....

The Indian government is actively developing a follow-up to the Performance Linked incentive (PLI) programme focused on the steel sector, with a primary emphasis on import substitution. Nagendra Nath....

Jindal Steel & Power's ambitious plan to establish a $2 billion iron ore mine in South Africa is facing resistance from local communities concerned about the possible relocation of....

Jindal Stainless has announced that it has completed the acquisition of the remaining 74 percent stake in Jindal United Steel (JUSL), an Odisha-based company, for Rs 9.58 billion. Previously,....