India Seeks EU Steel Scrap Access to Counter Carbon Tax
India negotiates easier EU steel scrap imports in trade talks to mitigate the EU's new carbon tax, aiming to boost green steel production and reduce emissions.
Category : Search result: steel price rise
Bokaro Steel Plant Revives Rs 20,000 Crore Expansion
Bokaro Steel Plant revives its brownfield expansion project with two enabling packages, aiming to boost hot metal capacity from 5.25 to 7.55 MTPA and drive economic growth in the region.
India's Wholesale Inflation Rises to 0.83% in December
India's wholesale price index-based inflation increased to 0.83% in December, up from November's 0.26%, driven by higher prices in food and manufactured items.
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.
Gold Rates Fall on MCX Amid Dollar Strength, Profit Booking
Gold prices declined on MCX today as investors locked in profits following recent record highs. The strengthening US dollar contributed to the drop. Analysts debate whether this presents a buying opportunity for the yellow metal.
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.
Dubai Gold Price Hits Record High of Dh550 per Gram
Dubai's gold price reached a historic peak on January 12, 2026, with 24K gold crossing Dh550 per gram. Discover the global factors driving this surge and why Dubai remains cheaper than India.
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.
Toyota Innova Crysta Prices Rise by Up to ₹33,000
Toyota has increased prices for the Innova Crysta MPV in India. The hike ranges from ₹21,000 to ₹33,000 across variants. Check out the new ex-showroom prices here.
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.
Bihar Jewellers Ban Face Coverings for Security
Jewellery shops in Bihar now prohibit customers with covered faces. This security move, sparked by rising gold prices, may go nationwide. Read details.
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.
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.
Ludhiana MSMEs Seek Govt Control on Volatile Steel Prices
Ludhiana industrialists urge government intervention to regulate volatile steel prices, citing a Rs 4,000/tonne hike in 15 days that is crippling MSMEs. Call for steel to be declared an essential commodity.
Ludhiana Industry Urges PSIEC to Revive Raw Material Supply
Ludhiana industrialists push PSIEC to restart subsidised raw material scheme for MSMEs, citing steel price swings hurting small units. Read key demands and industry impact.
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.
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!
Bansal Wire Stock Jumps on Record Quarterly Sales
Bansal Wire Industries' stock soared 7.3% after reporting its highest-ever quarterly sales volume of 121,702 MT in Q3FY26. Read the full business update and stock analysis here.
Hyundai hikes car prices, Maruti Suzuki waits 15-20 days
Hyundai India announced a 0.6% average price hike across all models due to rising commodity costs. Market leader Maruti Suzuki will decide on its pricing strategy in 15-20 days. Read more for details on other automakers' price adjustments.
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.
ATF Price Cut in Delhi, Commercial LPG Rate Hiked
Aviation turbine fuel price reduced sharply in Delhi after three hikes. Commercial LPG cylinder price up by ₹111. Read the latest fuel price revisions and their impact.
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