Category : Search result: steel scrap recycling policy


Digital Auctions Revolutionize India's Scrap Trade

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.

Two Dead, Three Hurt in Delhi Scrap Unit Fire

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.

Jammu Park Showcases Iconic Replicas from Waste

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.

Two Killed, Three Injured in Delhi Scrap Yard Fire

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 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.

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.

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.

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.

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.

$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.

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