Madurai Borewell Work Stoppage Over Carbon Shortage
Borewell rig owners in Madurai begin a three-day symbolic strike to protest severe carbon steel shortage. Prices surged 150% after China's export ban, crippling operations nationwide.
Category : Search result: carbon steel shortage
AI Boom Sparks Memory Chip Shortage, Hits Smartphone Makers
A global memory chip shortage, driven by surging AI infrastructure demand, is forcing major smartphone manufacturers to slash production targets and consider cost-cutting measures.
Why India Must Research Marine Carbon Removal Independently
As a coastal nation with unique marine conditions, India requires dedicated research on marine carbon dioxide removal to guide climate policy and protect its shores with homegrown science.
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.
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.
Microsoft Buys Record Soil Carbon Credits from Indigo
Microsoft signs a major deal with Indigo Carbon to purchase 2.85 million soil carbon credits, supporting regenerative agriculture in the US as part of its carbon negative goal by 2030.
Delhi's Carbon Credit Policy to Generate Revenue from Emissions
Delhi government approves framework to monetize carbon credits from green projects. Policy aims to sell credits internationally, but implementation details remain unclear.
India Launches CBAM Registry for EU Low-Carbon Suppliers
Indian industry bodies have launched the India CBAM Registry, enabling EU buyers to identify verified low-carbon suppliers from India, boosting green trade.
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.
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.
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.
Ford's $160,000 mechanic jobs remain unfilled
Ford CEO reveals 5,000 open mechanic jobs paying up to $160,000. Discover why skilled technicians are scarce despite lucrative pay in the auto industry.
Microplastics Undermine Ocean's Role as Carbon Sink
New research reveals microplastics are disrupting the ocean's natural 'biological carbon pump,' reducing its ability to absorb CO2 and regulate Earth's temperature. Urgent action needed.
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.
EU Carbon Tax from Jan 1: India's Exports Face 25% Price Burden
EU's new carbon border tax (CBAM) effective Jan 1 shifts decarbonisation costs to developing nations like India. CSE analysis warns of 25% price burden on steel, aluminium exports. Read more.
AI memory shortage to hike phone, PC prices up to 20%
The AI-driven memory chip crunch is hitting consumers. With supply booked until 2027, expect smartphone and PC prices to rise 5-20%. Major brands like Dell, Lenovo, and Xiaomi warn of hikes.
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