India's Steel Export Surge: Import Squeeze Drives Shift
India became a net exporter of finished steel in April-December 2025 as government curbs sharply reduced imports while exports rose amid weak domestic prices and surplus supply.
India became a net exporter of finished steel in April-December 2025 as government curbs sharply reduced imports while exports rose amid weak domestic prices and surplus supply.
Bhushan Bazaz, a prominent Kashmiri Pandit leader who championed dialogue and was respected by separatists, has passed away in Delhi after a prolonged illness. He was 91.
Bhushan Bazaz, the founder of the Jammu and Kashmir Democratic Front, has died at the age of 91. He was a prominent political figure in the region.
India's iron ore imports surged to a seven-year peak of 12.2 million tonnes in 2025. A global glut, weak prices, and domestic supply issues drive steelmakers to buy overseas. Explore the implications for raw material security.
India's Electricity Amendment Bill 2025, set for Parliament, aims to end distribution monopolies. This reform could reshape the sector, putting Tata Power, Torrent Power, and CESC in the spotlight for investors.
Power supply will be suspended in several parts of Ambattur, Chennai, on January 12 from 9am to 2pm for maintenance work. Check the full list of affected localities here.
Tata Steel announces its second-largest manufacturing facility in Ludhiana, Punjab, with operations starting in 2026. A major boost for local industry and jobs.
Dense fog and cold snap cause repeated power failures in Jaipur's rural areas like Goner and Boorthal. Untrimmed tree branches on lines lead to nightly outages, disrupting lives and small businesses. Read more.
Power supply will be suspended in parts of Valasaravakkam and Porur in Chennai from 9 am to 2 pm on Friday. Check the full list of affected areas here.
Assocham urges govt for hydrogen DRI incentives & green finance in pre-Budget recommendations to decarbonise India's steel sector. Read key proposals.
Jindal Steel International is in advanced talks to acquire Germany's Thyssenkrupp Steel Europe in a multi-step deal. This strategic move marks a major European expansion for the Naveen Jindal Group company. Read the full details here.
Tata Steel books first bulk shipment from Canada to hedge against captive mine expiries in 2030. A strategic move to secure raw material supply and explore future options. Read more.
Domestic steelmakers hike prices of HRC, CRC, and rebar by 2-6% in early January after a 12% safeguard duty on imports. Analysts see sustainable gains but caution on future capacity growth. Read more.
India's competition watchdog finds 31 steel firms, including giants Tata Steel, JSW Steel, and SAIL, colluded on prices. 56 executives face liability. Read the full details and potential penalties.
The Competition Commission of India has found major steel producers, including Tata Steel and SAIL, guilty of antitrust violations. Discover the details and implications for the industry.
Australia's BlueScope Steel is considering a massive $13.2 billion takeover offer from US-based Steel Dynamics and Australian conglomerate SGH. The bid aims to split the steelmaker's global operations. Read the full details.
JSW Steel shares surged 4.9% after new import duties. We analyze its strong market position, expansion plans, high debt, and recent performance to help you decide.
India's new safeguard duty on select steel imports has led to a sharp price rise of up to Rs 8,000 per tonne. Industry warns of a 2% increase in construction costs, impacting real estate and auto sectors. Read more.
Australian steel giant BlueScope receives a massive A$13.14bn takeover bid. The deal could reshape global steel supply chains. Read the full details and analysis here.
US steel giant Steel Dynamics and Australia's SGH Limited launch a massive A$13.14 billion takeover bid for BlueScope Steel. The deal targets its lucrative North American assets. Read the full analysis.
Indian steel stocks rise after govt extends import duty for 3 years, offering relief amid rising costs and supply. JSW Steel, Jindal Steel gain 6%. Read more on Q3 outlook.
A group of 2022-batch IAS officer trainees visited SAIL's Bokaro Steel Plant to understand steel production and public sector governance. Read about their key learnings.
Residents of Noida's Sector 105 endure 1-2 hour daily power cuts. RWA blames old infrastructure and unpruned trees. Officials promise investigation. Read more.
India's Ministry of Steel invites media partners for the 3rd Bharat Steel Expo 2026 in New Delhi. Learn about this major event shaping the future of the steel industry. Apply by May 31, 2025!
Jefferies predicts a recovery in India's power demand growth to 6.5% by FY26, driving upside for power sector stocks like NTPC and Power Grid. Read the full analysis.
Manish Raj Gupta, Director at SAIL, assumes additional charge as CMD of RINL (Visakhapatnam Steel Plant). A seasoned leader with over three decades of experience, his appointment is set to drive strategic growth. Read more about his career and vision.
Motihari Sadar Hospital is constructing a 50-bed critical care ward for Rs 13 crore, boosting emergency healthcare in the border district. A new hospital building and senior citizen ward are also underway. Read more.
Tata Steel shares continue their rally, gaining 1.2% to hit a one-month high after India extends safeguard duties on steel imports for three years. Discover the impact on the sector and future demand outlook.
India imposes safeguard duties up to 12% on select steel flat product imports from April 2025 to 2028 to protect domestic industry. Key details and analysis inside.
India has imposed safeguard duties on certain steel imports for three years to protect domestic manufacturers from a surge in low-cost supplies, primarily from China. The duty starts at 12% and will gradually decrease.