Delhi Police Arrest Trio for Rs 20 Lakh Extortion Threat
Three men arrested in Delhi for threatening a scrap dealer with public shooting over Rs 20 lakh extortion demand. Police made swift arrests after victim's complaint.
Three men arrested in Delhi for threatening a scrap dealer with public shooting over Rs 20 lakh extortion demand. Police made swift arrests after victim's complaint.
Panchkula police arrest four men for murdering a scrap collector in a footpath attack after a quarrel over a quilt. Investigation continues to find other suspects.
A scrap trader in Rajkot has accused two individuals of cheating him of Rs 28.69 lakh by manipulating vehicle weight records. Police have registered a case under the Bharatiya Nyaya Sanhita.
The Material Recycling Federation's International Material Recycling Conference 2026 in Jaipur will focus on GST issues, scrap import challenges, and policy bottlenecks affecting the recycling industry.
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.
Online platforms like Matex Technologies are replacing opaque local networks with transparent digital auctions, helping industrial sellers recover true value from scrap and idle assets across India.
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.
A fire broke out at a scrap yard in Baddi, Himachal Pradesh, gutting two jhuggis. No casualties were reported, but the incident caused significant property damage.
A major fire erupted at a scrap godown in Bengaluru's Begur area, causing panic and damaging nearby migrant sheds. Firefighters battled the blaze for hours.
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.
A fire at a scrap storage unit in Northwest Delhi's Pitampura killed two workers and injured three others. The victims, migrants from Bihar, lived in tin sheds on the plot.
A devastating fire in Outer Delhi's scrap market claimed two lives and left three others injured. The blaze erupted in a scrap godown, causing significant damage and prompting a large-scale rescue operation.
Jammu's Waste to Wonder Park features stunning replicas of global landmarks like the Taj Mahal and Eiffel Tower, crafted entirely from industrial scrap, promoting sustainability and tourism.
A tragic fire in Pitampura, Delhi, claimed two lives and injured three scrap dealers. The blaze erupted in temporary shelters, fueled by flammable materials and a gas cylinder explosion.
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.
Tata Steel announces its second-largest manufacturing facility in Ludhiana, Punjab, with operations starting in 2026. A major boost for local industry and jobs.
Avro India announces a major expansion, doubling its plastic recycling capacity to 24,000 tonnes annually by March 2025. This investment supports India's sustainability goals.
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.