Industry News

‘Steelworld’ has been recognized as the Most Popular Magazine

‘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

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

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

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’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.

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 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

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 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

        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.

    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’

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

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 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 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 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.

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 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. 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

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 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 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 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

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 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

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 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 the recycling industry.

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

Mr. Baba Kalyani, Chairman and Managing Director, Bharat Forge Limited : Government policy formulation is a….

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

Mr. Raghunath K – Country Representative, thyssenkrupp India : The Union Budget 2023-24 builds a strong foundation for the future…

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

T. V. Narendran – Managing Director, Tata Steel : Budget 2023 has been great,…

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

Bimlendra Jha, Managing Director, Jindal Steel & Power Limited (JSPL)

“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….

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

“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 – SAIL

“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 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 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

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

‘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.

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 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..

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

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

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

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

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

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

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

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

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

Indian steelmakers hoping for export duty cut

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

TERI signs MoU with Tata Steel Foundation to implement Green Steel Project

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

MENA can lead the world in green steel production – Report

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

Nippon Steel plans to almost double Indian unit’s output capacity

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

JSW Steel signs an MoU withSMS to cut carbon emissions; invest Rs.10,000 crore

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

India to become world’s number one producer of steel: Jyotiraditya Scindia

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

JSW Steel Joins hands with NZ’s National Steel to set up scrap shredding facilities in India

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

Seminar on ‘Increasing Steel Consumption : Steel usage way forward’ organized at Visakhapatnam Steel Plant

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

Price Correction in India

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

Stage set for resumption of ore exports from Karnataka

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

Iron-ore prices fall up to 10% amid Covid fears

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

Coal shortage in India: Here’s where the states stand amid country’s worst power situation in 6 years

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

Steel firms’ operating margin to fall by 500 bps, says Crisil

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’

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

India’s Tata Steel Explores Alternative Coal Supply Amid Russia-Ukraine Crisis

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

India’s Coal Import Declines By 20 Percent From Apr- Dec 2021

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

India Will Ensure Steady Coking Coal Cargoes For Steel Midst of Supply Concerns

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

Global Coal Prices At Record High, To Increase India’s Import Bill

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

Union Budget 2022-23: Augurs well for the steel sector

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

Steel and Metal Expo 2021

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

Type 304 and Type 316 stainless steel for screen mesh

While screens can be manufactured with different mesh counts and wire diameters, they can also be woven with different materials …

Sandvik is now an approved supplier for SABIC

According to Mr Bheru Shankar Meghwal, Inside sales & Product Development Specialist (see photo), Sandvik hit a significant milestone early …

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