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.
Category : Search result: steel manufacturing India
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!
Tembo Group Gets Defence Licence for Amravati Pistol Plant
Tembo Group secures defence licence for Maharashtra's first handgun factory in Amravati. Plans to produce 30,000 pistols annually by September and 12 crore bullets in two years. A major boost for 'Make in India' in defence manufacturing.
India's Manufacturing Growth Slows to 2-Year Low in December
India's manufacturing sector growth eased in December 2024, with the HSBC PMI hitting a two-year low of 55.0. Export orders and employment moderated, while business sentiment weakened. Explore the key drivers and implications.
India Targets Top 4 in Chip Manufacturing by 2032
India's semiconductor push, backed by Rs 1.6 lakh crore in approved projects and talent from 298 universities, aims to make it a top-4 global player by 2032 and the best by 2035. Read more.
4 Indian Semiconductor Plants to Begin Production in 2026
India's four new semiconductor plants are set for commercial production in 2026, marking a major leap in electronics manufacturing and reducing import dependency.
India Manufacturing PMI Falls to 2-Year Low in Dec
India's manufacturing sector growth slowed in December 2025 as per HSBC PMI, hitting a two-year low due to softer new orders. Read the full analysis of the economic slowdown.
India's Dec Manufacturing PMI Falls to 55.0, 2-Year Low
India's manufacturing PMI eased to 55.0 in December, marking the slowest expansion in two years. Despite the slowdown, the sector remains in growth territory with resilient domestic demand.
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.
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.
Tata's 2026 Plan: AI, Green Steel, and Calculated Risks
Tata Group Chairman N Chandrasekaran outlines a 2026 strategy focusing on AI, advanced manufacturing, and sustainability to turn global uncertainty into India's opportunity. Read the full plan.
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.
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.
India AI & Manufacturing Congress Charts Future of Industry
The India AI & Manufacturing Congress 2024 in Delhi outlined a roadmap for integrating AI into manufacturing, boosting productivity and global competitiveness. Discover the key insights.
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.
India to Start Semiconductor Exports Soon: Amit Shah
Union Home Minister Amit Shah announces India's imminent entry into semiconductor exports, marking a major leap in tech self-reliance. Discover the strategic impact.
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.
Samsung India Head Sees Global Shift from China to India
Samsung India CEO JB Park reveals global brands are shifting manufacturing from China to India, driven by PLI schemes and a vast consumer market. India contributes 10% to Samsung's global revenue. Explore the future of tech and AI in India's growth story.
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.
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.
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