Mohan Lal Mittal, Father of Lakshmi Mittal, Passes Away
Mohan Lal Mittal, the patriarch who founded the family steel business, passed away. PM Modi and Minister Goyal expressed condolences, highlighting his industrial legacy and philanthropy.
Category : Search result: Indian Steel Industry
Mohan Lal Mittal, Father of Lakshmi Mittal, Passes Away
Mohan Lal Mittal, the father of renowned industrialist Lakshmi Mittal, has passed away. The news marks a personal loss for the Mittal family, known globally in the steel industry.
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's iron ore imports double, hit 7-year high in 2025
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.
Industry Season 4 Release Date, Schedule & India Details
The hit finance drama Industry Season 4 premieres January 11, 2026. Get the full episode schedule and details for watching in India on JioHotstar from January 12.
Tata Steel's Major Ludhiana Plant Set for 2026 Launch
Tata Steel announces its second-largest manufacturing facility in Ludhiana, Punjab, with operations starting in 2026. A major boost for local industry and jobs.
Assocham Seeks Green Steel Incentives in Pre-Budget Pitch
Assocham urges govt for hydrogen DRI incentives & green finance in pre-Budget recommendations to decarbonise India's steel sector. Read key proposals.
Jindal Steel in Talks for Thyssenkrupp Steel Division
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 Trials Canadian Iron Ore for Future Shortages
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.
Anand returns to Indian chess, faces his students in Kolkata
Five-time world champion Viswanathan Anand returns to competitive chess in India after six years at the Tata Steel Rapid and Blitz event in Kolkata. He faces a unique challenge against his own star pupils. Read the full story.
Domestic Steel Prices Rise After Safeguard Duty
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.
EU's Carbon Tax Hits Indian Steel, Aluminium Exports
The EU's new carbon border tax (CBAM) targets Indian steel & aluminium exports from 2026, imposing a 16-22% levy. Experts call it a trade barrier. Why India needs urgent government support for exporters.
Tata Steel, JSW, SAIL breached antitrust law: CCI probe
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.
CCI: Tata Steel, JSW Steel, SAIL Breached Competition Law
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.
BlueScope Steel evaluates $13.2bn joint takeover bid
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: Investment Pros & Cons After Tariff Boost
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.
Steel Prices Jump After New Import Duty, Construction Hit
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.
BlueScope Steel Receives $8.8 Billion Takeover Offer
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.
$8.8 Billion Takeover Offer for BlueScope Steel
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.
EU's CBAM Hits Indian Steel, Exports Crash 51%
The EU's carbon tax, CBAM, is now live, slashing India's steel exports. To compete, India must fast-track green hydrogen and carbon pricing or lose global markets. Read the strategic path forward.
Steel Stocks Jump on Extended Safeguard Duty
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.
IAS Trainees Tour Bokaro Steel Plant in Jharkhand
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.
Media Partners Invited for Bharat Steel Expo 2026
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!
SAIL's Manish Raj Gupta Assumes CMD Charge at RINL
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.
EU Carbon Tax Threatens 22% Price Cut for Indian Metals
The EU's CBAM carbon tax is now live, threatening Indian steel & aluminium exports with price cuts up to 22%. Experts warn of high compliance costs & MSME impact.
Tata Steel Rallies 8% on Govt's Steel Duty Extension
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's Anti-Dumping Duty on Met Coke from China, Australia
India imposes provisional anti-dumping duty on low-ash metallurgical coke imports from China, Australia & 4 others to protect domestic industry. Details on rates & expert critique inside.
EU Carbon Tax to Hit Indian Metal Exports from 2026
Indian steel and aluminium exports to the EU will face a carbon-linked cost from 2026 under CBAM. GTRI report warns of 15-22% price cuts for competitiveness, disproportionately impacting MSMEs. Learn the key compliance challenges.
EU Carbon Tax Threatens Indian Steel, Aluminium Exports
Indian steel and aluminium exports to the EU face a 15-22% price cut from 2026 due to CBAM. MSMEs risk being pushed out of supply chains without verified emissions data. Read the full analysis.
Stock Markets Soar on Final Trading Day of 2025
Indian stock markets closed 2025 with strong gains. Sensex and Nifty surged, led by Tata Steel, BEL, and Adani Ports. Get the full analysis of the year-end rally and outlook.
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