Search For "indian steel industry"
India's safeguard duties lift steel import parity, domestic demand key for
Updated : 2 months, 2 weeks ago IST
India's extension of safeguard duties on select steel products will set a pricing floor for imports, but its effectiveness in supporting higher prices ultimately hinges on a recovery in domestic demand, according to a report by S&P Global Ratings.
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Shree TMT Recognized Among Top 10 Steel Bar & Wire Manufacturers by In
Updated : 7 months, 2 weeks ago IST
Hyderabad (Telangana) [India], August 9: Marking a significant milestone in its journey of excellence, Shree TMT, one of South India's leading steel brands, has been featured among the Top 10 Steel Bar & Wire Manufacturers - 2025 by Industry Outlook Magazine. The recognition reinforces S
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India's steel industry to grow at 8%; capacity to rise by 20 million tons
Updated : 1 year, 4 months ago IST
The annual capacity of India's steel industry will increase by 20 million tons between the financial year (FY) 2025-27, says Acuite Ratings & Research in its recent report. The report gives a positive outlook for the Indian steel industry in the medium to long term.
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Indian steel majors best-placed producers globally: Nomura
Updated : 1 year, 5 months ago IST
India's steel industry is set to expand significantly over the next few years, with plans to add around 23 million tonnes (MT) of crude steel capacity between FY24 and FY27, according to a report by Nomura.
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Jindal Steel Diversifies Coking Coal Sources to Mitigate Risks and Reduce
Updated : 1 year, 7 months ago IST
New Delhi [India], August 8: Jindal Steel has strategically diversified its coking coal sources to reduce geographical risks and cost pressures. In alignment with the Government of India's target of achieving 300 Million Tonnes of steel production by 2030 and the Steel Ministry's emphasis on
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Union Steel Minister Scindia inaugurates Silica reduction project at SAIL-
Updated : 2 years, 9 months ago IST
On the occasion, Union Minister Jyotiraditya Scindia highlighted the Indian steel industry's prowess and how India has emerged as an economic superpower at the global level.
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A-One Steel Group: Driving the Indian Steel Industry towards a Sustainable
Updated : 3 years ago IST
New Delhi [India], March 24 (ANI/SRV): Established in 2009, A-One Steel Group has paved its way to being the leading steel producer in South India. With a vision of 'Rashtra Nirman Mein Samarpit', the group always looks for opportunities to contribute to the development of the nation. By off
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Sponge iron from magnetite - A novel process developed in India
Updated : 4 years, 5 months ago IST
New Delhi [India], October 12 (ANI/PNN): With India eyeing record Steel exports in FY22, the Indian Steel Industry is quickly becoming hot property. Along with it Sponge Iron, one of the essential raw materials used in steel productions, is bound to have a growing domestic demand. Accompanie
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JSPL to divest coal fired power business for Rs 3,015 cr
Updated : 4 years, 11 months ago IST
New Delhi [India], April 27 (ANI): Jindal Steel and Power Ltd (JSPL) said on Tuesday it has accepted a binding offer from Worldone Pvt Ltd to divest its 96.42 per cent stake in Jindal Power Ltd (JPL) in an all-cash offer of Rs 3,015 crore.
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JSPL commissions fourth coke oven battery at Angul steel plant
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 11 (ANI): Jindal Steel and Power Ltd (JSPL) has commissioned its fourth coke oven battery at Angul plant in Odisha, making it self-sufficient in coke requirement.
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Pradhan urges colleagues in ministry to help fulfil PM's vision of $5 tn
Updated : 6 years, 8 months ago IST
New Delhi [India], July 3 (ANI): Union Minister of Steel; Petroleum and Natural Gas, Dharmendra Pradhan on Wednesday wrote to his colleagues in the ministry urging them to work to fulfill the vision of Prime Minister Narendra Modi of building India into a USD 5 trillion economy.
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