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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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.
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 to Levy 12% Safeguard Duty on Steel Imports from 2025
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 imposes 3-year safeguard duty on steel imports
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.
India Slaps Tariffs on Chinese Steel to Protect Local Makers
India imposes anti-dumping duties on Chinese steel imports, offering major relief to domestic manufacturers. This move aims to curb cheap imports and strengthen the local steel sector. Read more.
India imposes 3-year steel import duty to curb cheap shipments
India imposes 11-12% safeguard duty on select steel imports for three years to protect domestic industry from cheap shipments, primarily from China. Read the full details.
MIN New York Partners with Nippon Kiz for India Expansion
MIN New York collaborates with Nippon Kiz to strengthen its presence in India and global emerging markets. Discover how this partnership will impact the industry.
Bokaro Steel Plant Expansion to 7.55 MTPA Under Discussion
Union Minister Bhupathiraju Srinivasa Varma confirms discussions for Bokaro Steel Plant's brownfield expansion, aiming to boost capacity to 7.55 MTPA, create jobs, and align with India's 300 MTPA steel vision by 2030.
Silver ETFs in 2025's Sharpest Intraday Swing on China Ban
Indian silver ETFs witnessed extreme volatility on Dec 29, with Nippon, Kotak, and Tata funds swinging up to 29% intraday. The chaos was triggered by China's export ban and CME margin hikes. Read more.
India's ETF Assets Cross Rs 10 Lakh Crore, Double in 3 Years
India's ETF market hits a historic Rs 10 lakh crore AUM, doubling in three years. Discover the driving forces behind this explosive growth and what it means for investors.
Steel expansion hit by policy mismatch on key input: GTRI
A GTRI report warns India's steel capacity expansion is under pressure as import curbs on low-ash metallurgical coke raise input costs, hurting competitiveness. Experts call for policy recalibration.
Dutch NGO Seeks $1.6 Billion from Tata Steel
A Dutch NGO files a massive $1.6 billion claim against Tata Steel's Netherlands units for environmental damage. Read the full details of the legal battle.
Tata Steel sued for €1.4bn over Dutch plant emissions
Tata Steel's Dutch units face a €1.4 billion class action over alleged health and environmental damage near its IJmuiden plant. The company vows to defend itself. Read the full story.
Jindal Steel's Capacity Push Aims for Volume-Led Growth
Jindal Steel commissions 3 MTPA new capacity, eyes 15.6 MTPA by March. Near-term earnings face pressure, but volume-led growth and cost reset could transform its profile by FY28. Read the full analysis.
Vizag Steel Plant's Third VRS to Remove 570 Employees
Vizag Steel Plant management opens VRS window from Jan 1-20, 2026, aiming to cut 570 permanent jobs. This third phase continues a major workforce reduction strategy amid union criticism. Read the full details.
Manaksia Coated Metals Upgrades Galvanizing Line Capacity
Manaksia Coated Metals & Industries Ltd announces a ₹50 crore investment to upgrade its Continuous Galvanizing Line, boosting capacity to 1,80,000 MTPA. This strategic move aims to enhance product quality and market competitiveness.
Global Giants Invest in India's 900 MW & 1 GW Clean Energy Projects
AP Moller Capital enters India with a 900 MW renewable platform, while ArcelorMittal invests $900M for 1 GW solar, wind & storage. India's green transition attracts massive global capital. Read more.
Odisha Steel Production Jumps 18.8%, Green Roadmap Unveiled
Odisha's crude steel production surges to 18.07 million tonnes. Minister Bhupathiraju Srinivasa Varma details green steel initiatives & policies for MSMEs in Rajya Sabha. Read the full report.
Foster Griffin Returns to MLB with Washington Nationals
Left-handed pitcher Foster Griffin returns to MLB, signing a one-year, $5.5 million contract with the Washington Nationals after three stellar seasons in Japan. Read more.
Worker killed in Hyderabad steel plant furnace blast
A fatal accident at Agarwal Steel Industries in Rangaipally, Hyderabad, claimed one life and left another worker critically injured after a high-temperature furnace failure. Police are investigating potential negligence.
Worker killed in Hyderabad steel plant furnace blast
A fatal accident at Agarwal Steel Industries in Rangaipally, Hyderabad, claimed one life and left another worker critically injured after a high-temperature furnace failure. Police are investigating potential negligence.
ESL Steel, IOCL Sign PNG Supply Deal for Bokaro Plant
ESL Steel Limited inks pact with Indian Oil for Piped Natural Gas supply to its Bokaro steel plant, marking a major shift towards cleaner fuel and sustainable operations. Read more.
Algoma Steel to Cut 1,000 Jobs Due to US Tariffs
Canadian steel giant Algoma Steel will slash 1,000 jobs and shut its blast furnace in Ontario, blaming US tariffs for heavy losses. The layoffs start March 23, 2025. Read more.
Rs 4,000 Crore Plan to Revive Bhadravati Steel Plant
Union Minister H D Kumaraswamy announces detailed project report worth Rs 4,000 crore to revive Sir M Visvesvaraya Iron and Steel Plant in Bhadravathi. Read about the revival plan.
₹4,000 Crore Revival Plan for Shivamogga Steel Plant
Union Minister HD Kumaraswamy announces massive ₹4,000 crore revival of Visvesvaraya Iron and Steel Plant. Detailed project report for 40-year operation plan underway. Read more about this industrial revival.
VSP's Future Depends on Meeting Production Targets
Steel ministry officials reveal Visakhapatnam Steel Plant must achieve 19,000 tonnes daily output for survival. Centre's financial aid unlikely, making production crucial. Read the full analysis.
Paint Industry Shuns Discounts for Regional Strength
India's ₹70,000-crore paint sector is pivoting from aggressive discounting to targeted regional strategies and product diversification as competition intensifies with new entrants like Birla Opus and JSW Paints.
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