Steel Industry News

India has emerged as the second largest steel producer with a production capacity of 178 million tonnes and an output of 144 million tonnes in FY24. This figure is....

The EU Emissions Trading System (ETS), launched in 2005, is a key part of the European Union's climate change strategy and remains the world's largest carbon market. Under the....

Jindal Steel & Power (JSPL) and Jindal Renewables to invest in green hydrogen production for steelmaking at Angul, Odisha. JSPL plans to incorporate green hydrogen in its Direct Reduced....

ArcelorMittal Nippon Steel India (AMNS India), a joint venture between ArcelorMittal and Nippon Steel, announced the launch of Magnelis, a steel brand known globally for its corrosion resistance and....

MSME Concerns:

Micro, small and medium enterprises (MSMEs) are raising concerns over a proposed increase in import duties on steel. They say the increase could have a significant impact on....