Industry News

DGTR proposes 12% Safeguard Duty to Protect Domestic Steel Industry The Directorate General of Trade Remedies (DGTR) has recommended the …

India’s Stainless Steel Demand Grows 11% Demand for stainless steel in India is projected to increase significantly, driven by industries …

Industry concerned about rising imports Steel Secretary Sandeep Poundrik addressed concerns about rising steel imports during a Ficci event, acknowledging …

Honoring Metallurgical Excellence: NMA 2023 The National Metallurgist Awards (NMA) 2023 ceremony, held on November 21, 2024, in Bengaluru during …

SAIL declares financial results for Q2 and H1FY’25 SAIL has declared its financial results today for the quarter and half …

SAIL Signs MoU with ASCI for Customized Leadership Training On November 4, 2024, (SAIL) entered into a Memorandum of Understanding …

India’s Steel Demand Drives ₹65,000 Crore Investment by JSW Steel, POSCO JSW Steel and South Korea’s POSCO are set to …

Indian Steel Demand To Grow Despite Global Dip In its latest outlook, worldsteel predicts global steel demand will fall to …

T.V. Narendran, the new Chairman of World Steel Association T.V. Narendran, MD and CEO of Tata Steel, has been appointed …

SAIL Reports 5.2% Growth in Crude Steel for FY 23-24 SAIL held its 52nd Annual General Meeting at its headquarters …

Honoring the Legacy of Mr. Ratan Tata Steelworld pays tribute to Mr. Ratan Tata, a visionary leader whose contributions to …

BHP and SAIL Sign MOU for Decarbonization Initiatives The Steel Authority of India Limited (SAIL), is teaming up with BHP, …

RINL Receives CII-GBC National Energy Leader Award RINL won the prestigious National Energy Leader Award from the Confederation of Indian …

Union Budget 2024-25 Reaction – Sajjan Jindal, Chairman, JSW Group “Glad to see the Union budget’s commitment to fiscal discipline …

Union Budget 2024-25 Reaction – Atul Bhatt, CMD, RINL “The Union Budget FY 24-25 includes pivotal provisions for the development …

Union Budget 2024-25 Reaction – Amarendu Prakash, Chairman, SAIL. “The government’s retaining the capex for infrastructure on the lines of …

Union Budget 2024-25 Reaction – Dilip Oommen, CEO, ArcelorMittal Nippon Steel India (AM/NS India) “Maintaining fiscal prudence with the fiscal …

India’s iron ore exports rose by 20% y/y in January – June In the first half of 2024, Indian mining …

India to Adopt Steel Slag for Roads, Aiming at Sustainable Infrastructure Dr. V.K. Saraswat, Member (Science) of Niti Aayog, has …

Jindal Stainless is ready to face EU’s CBAM Challenge In line with global efforts to combat climate change, the European …

UNEP Praises RINL’s World Environment Day 2024 Events The United Nations Environment Programme UNEP World Environment Day campaign 2024 focused …

Tata Steel Partners with SMS Group for Decarbonization Effort Tata Steel Meramandali in Odisha, India, has made a significant advancement …

The circular pelletizing plant from Primetals Technologies at EMIL’s premises in India. PRIMETALS TECHNOLOGIES RECEIVES FAC FOR THE WORLD’S MOST …

SAIL declares financial results for Q4 and Annual FY’24 Steel Authority of India Limited (SAIL) has declared its financial results …

Tata Steel: Sustainability Champion for the 7th consecutive year Tata Steel has been recognised as a Steel Sustainability Champion 2024 …

RINL Soars to New Heights RINL during FY 2023-24 on the marketing front, registered a sale of 7,30,000 tons of …

TMEIC India welcomes Mr. Hidekazu Matsushima as new Managing Director TMEIC Industrial Systems India Private Limited announces the appointment of …

SAIL achieves highest ever annual production and sales in FY’24 Steel Authority of India Limited, a Maharatna Public Sector Unit …

‘Steelworld’ has been recognized as the Most Popular Magazine among exhibitors at Asia’s largest steel fabrication trade show SteelFab, being …

Union Budget Reaction – Atul Bhatt, CMD, RINL “RINL is well positioned to cater to the  increased steel demand.” ‘Vision of the Hon’ble …

Union Budget Reaction – Dilip Oommen, President, Indian Steel Association and CEO, AM/NS India “This budget presents a well-balanced approach.” …

Union Budget Reaction – TV Narendran, CEO & MD Tata Steel “It is heartening to see the government’s emphasis on …

SAIL’s best ever performance in H1 SAIL has declared its financial results for the quarter and half year ending 30th …

Dillinger and SMS Group Collaborate to Fast-Track Iron and Steel Digitalization. Aktien-Gesellschaft der Dillinger Hüttenwerke (Dillinger) and SMS group have …

TATA STEEL CONTRACTS DANIELI CORUS FOR NEW HOT-BLAST STOVES Tata Steel awarded a contract to Danieli Corus for the addition …

Nagendra Nath Sinha, IAS Secretary Commends RINL Collective Efforts During Visit On his maiden visit to RINL, Sri Nagendra Nath …

SAIL declares financial results for Q1 FY’24 SAIL has declared its financial results for the quarter ending 30th June, 2023 …

        Management restructuring at SMS group India The region India & Asia Pacific is the fastest-growing steel …

    ArcelorMittal Nippon Steel India and Festo India to collaborate on higher and vocational education. AM/NS India and Festo …

Historic day for Visakhapatnam- Atul Bhatt, CMD, RINL inaugurates the prestigious ‘Center for Entrepreneurship on Industry 4.0’ At a glittering …

SAIL clocks best ever Q1 in production and sales Steel Authority of India Limited (SAIL) has achieved record-breaking performance in …

Amarendu Prakash takes charge as Chairman SAIL Amarendu Prakash has assumed the charge of Chairman, Steel Authority of India Limited …

JSW Steel crude steel output grows 7% to 1.777 MT in April 2023 JSW Steel recorded a 7% growth in …

NMDC iron ore output rises. NMDC Ltd reported a record production of 3.51 million tonnes and sales of 3.43 million …

RINL off to a flying start in the New Financial Year –Records impressive performance on Production front in April 2023 …

Tata Steel initiates trial for hydrogen gas injection in Blast Furnace Tata Steel has commenced the trial injection of hydrogen …

ArcelorMittal India Pvt Ltd. welcomes National Company Law Tribunal (NCLT) order on Indian Steel Corporation Limited ArcelorMittal India Pvt Ltd …

Steel exports rise in fourth quarter, but lag year-ago levels India’s steel exports climbed sequentially in the fourth quarter at …

Inox Air Products to set up its 6th air separation unit at ArcelorMittal Nippon Steel’s plant in Gujarat INOX Air …

The Union Minister of Steel approves 13 task forces for Green Steel. The Union Minister of Steel, Shri Jyotiraditya Scindia …

SAIL achieves all-time best annual production in FY 2022-23 SAIL has achieved the best ever annual production during the financial …

AMNS Luxembourg Holding S.A. signs $5 billion loan agreement with consortium of Japanese banks ArcelorMittal recently announced that AMNS Luxembourg …

JSW Steel plans to invest ₹2,000 crore in virgin coking coal mine in Jharkhand. JSW Steel is planning to invest …

Coal India to Digitize 7 Major Coal Mines with Aereo’s Drone Solutions Platform Aereo (formerly Aarav Unmanned Systems), the leading …

RINL wins the prestigious national level “JCSSI Ispat Suraksha Puraskar Award” RINL received prestigious national level safety Awards “Ispat Suraksha …

Union Budget 2023, announced the Government of India vision and support towards a carbon neutral economy has been appreciated by …

“Government policy formulation is a consultative process and the successive budgets including todays is a strong reflection of this process, …

“The Union Budget 2023-24 builds a strong foundation for the future with a focus on clean energy in India. It …

“Budget 2023 has been great, it has given us all we had asked for and more. The focus on infrastructure, …

“The government has continued to put focus on infrastructure and construction with a budgetary allocation of Rs 10 lakh crore …

The government has been giving a huge push to the infrastructure upgradation of our nation and an increase in spending …

“A progressive ‘Saptarshi’ Budget – the first in Amrit Kaal – has hit the right notes to fuel growth across …

“The union budget for Financial Year 2022-23 holds promise for faster economic development putting the Indian economy on a still …

JSW Steel records 15% increase in Jan crude steel production JSW Steel reported highest ever Crude Steel production for the …

ArcelorMittal continues scrap recycler acquisition spree ArcelorMittal has agreed to acquire Polish scrap recycler Zlomex as it seeks to expand …

SIAM discusses Changing Dynamics in the Global Automotive Trade Policies. Greater Noida, 14 January 2023: Society of Indian Automobile Manufacturers …

‘Rising steel imports from Korea, China more worrying than Russia’ The market share of steel imports to India from Russia …

Green hydrogen pilot to cover steel, transport and shipping sectors. The mission has proposed pilot projects for replacing fossil fuels …

India to seek easing of EU steel quotas, tariffs in trade talks India will seek an easing of European Union …

WTO issues guidance on steel decarbonatization standards. The WTO Secretariat on 21 December published a new information note mapping the …

Steelmakers worry prices could hit break-even thresholds The Raw Steels Monthly Metals Index (MMI) fell by 2.34% from November to …

Good reason to consider divestment of RINL, NMDC: MD, JSPL The government has set the ball rolling for the strategic …

Govt preparing ‘coking coal mission’ to diversify raw material sources: Steel minister The mission is part of the government’s efforts …

Govt may make ‘green steel’ mandatory to reduce carbon emission: Jyotiraditya Scindia Union Minister of Steel Jyotiraditya Scindia recently clarify …

BMW Group secures CO2-reduced steel supplies for global production network New supply agreements in US and China; lower CO2 emissions …

Vedanta to re-assess future in steel business The Bokaro-based company, later renamed ESL Steel Ltd, is doubling capacity to 3 …

Steel Ministry hosts Conference of Ministers of Industry, Mines, State Govts Taking forward the “whole of Government” approach, Ministry of …

Steel Prices face further downward pressure as extra supply looms The Raw Steels Monthly Metals Index (MMI) fell by 5.08% from October …

The domestic steel demand needs to grow at a compound annual growth rate (CAGR) of 9 per cent over the next decade …

Indian steelmakers hoping for an early end to the export duty levied earlier this year may have to wait till …

Tata Steel Foundation and The Energy and Resources Institute (TERI) signed a Memorandum of Understanding (MoU) on Tuesday in New …

The Middle East and North Africa (MENA) region is in a prime position to start producing carbon-neutral or green steel, …

Nippon Steel Corp, the biggest steelmaker from Japan plans to almost double crude steel output capacity at its India’s Hazira …

JSW Steel on 13 September announced its collaboration with German-based engineering and technology company SMS group to cut down carbon …

Union Minister Jyotiraditya M Scindia on Tuesday exuded confidence that India will become the number one producer of steel in …

JSW Steel Limited on Friday (19 August) announced that it has entered into a joint venture agreement with New Zealand …

RINL has taken up several activities as part of Iconic Week being observed by the Ministry of Steel starting from …

Meanwhile, prices in India as per Odisha Mineral Corporation (OMC) auctions have seen a Rs.200 –300 per tonne rise weekly …

Iron ore exports from Karnataka may resume after several years as the two key agencies that have long opposed the …

Iron-ore prices globally have taken a hit and are down at least 9-10 per cent amid fears of rising Covid …

In view of the shortage of coal, a dominant fuel used to generate electricity in the country, the government halted …

Steel firms would still ‘generate healthy cash flows’ as operating rates are expected to be highest in the past five …

SAIL supplies special steel for India’s indigenous navy warships ‘INS Udaygiri’ and ‘INS Surat’ Steel Authority of India Limited (SAIL) …

Tata Steel Ltd., India’s multinational steel company, is exploring alternative sources of coal supply amid rising fears of supply disruptions …

Despite a steep surge in the demand of coal from power productions, India’s coal import has come down by almost …

India will take steps to ensure a steady supply of coking coal for domestic steel companies, which are struggling with …

The ongoing conflict between Ukraine and Russia is likely to have a bearing on the supply of thermal coal, while …

“The union budget for Financial Year 2022-23 holds promise for faster economic development putting the Indian economy on a still …

FIRST DISPATCH FROM RINL FORGED WHEEL PLANT First dispatch of 51 nos Loco wheels flagged off to Lucknow Workshop, Indian …

Steel and Metal Expo 2021 International Virtual Expo for Steel and Metal industries. Inviting Exhibitors to register Today !! Organised …