Steel Industry
Chinese Steel Flooding India Through FTA Loopholes: JSW Chairman Sajjan Jindal
Sajjan Jindal, Chairman of JSW Group, has raised alarms over the surging inflow of Chinese steel into India, largely facilitated through Free Trade...
Bajaj Steel Industries Begins Operations at New Nagpur Plant
Bajaj Steel Industries has commenced commercial production at its new state-of-the-art facility in Nagpur, Maharashtra. The plant, dedicated to the company’s infrastructure division,...
Leverage for Primary Steel Firms to Hit Five-Year High Amid Expansion: CRISIL
The net leverage of domestic primary steelmakers is expected to rise to a five-year high of over 3x this fiscal, driven by aggressive...
SAIL Partners with John Cockerill India to Revolutionize Green Steelmaking
The Steel Authority of India Ltd (SAIL) has entered a strategic partnership with John Cockerill India Ltd (JCIL) to adopt cutting-edge green technologies...
Steelmaking Revolution: India’s Scrap Consumption Rises 8% in 2024
India’s ferrous scrap consumption rose by 8% year-on-year in the first 10 months of 2024 (10MCY’24), reaching 28.08 million tonnes (mnt) compared to...
JSW Steel and SAIL Look to Mongolia for Coking Coal Imports Amid Rising Steel Demand
India’s leading steelmakers, JSW Steel and Steel Authority of India Limited (SAIL), are exploring coking coal imports from Mongolia as part of efforts...
Japan Flags Steel Import Delays at Indian Ports, MSMEs Raise Concerns
The Embassy of Japan has voiced concerns over prolonged delays in steel consignments at Indian ports, citing customs requirements for No Objection Certificates...
Welspun Tubular to Invest $100 Million in Arkansas Plant Upgrade
Welspun Tubular LLC, the US subsidiary of India’s Welspun Corporation, is set to invest $100 million to enhance its steel large-diameter line pipe...
India Targets 300 Million Tons of Steel Output by 2030, $120 Billion Investment Needed
India plans to scale its steel production to 300 million tons by 2030, requiring an estimated $120 billion investment, according to the Ministry...
Steel Industry at the Forefront of India’s Transformation: Union Minister HD Kumaraswamy
Union Minister for Steel and Industries, HD Kumaraswamy, underscored the pivotal role of steel in driving India’s development at the National Metallurgist Awards....
