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Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption

Business News

NSL Green Steel Recycling Expands with New 1,50,000 Tonne Facility

NSL to set up new scrap shredder in Maharashtra. Capacity of 1,50,000 tonn...

03 May 2025 10:43 AM IST Business

Tata Steel to Spend $1.18 Billion to Boost Iron Ore Production

Tata Steel to invest $1.18 billion in iron ore expansion. Capacity to rise...

02 May 2025 02:48 PM IST Business

Exclusive: ArcelorMittal Posts $805 Million Net Profit in Q1 2025

ArcelorMittal posts $805 million net profit in Q1 2025. Strong steel price...

02 May 2025 01:09 PM IST Business

NMDC Announces Second Price Hike of 2025 for Iron Ore

NMDC hikes iron ore prices for May deliveries. Demand revival, tight suppl...

02 May 2025 12:00 PM IST Business

Jindal Steel & Power Posts ₹339.40 Cr Loss in March Quarter

JSPL posts ₹339.40 crore net loss in Q4. Weak demand, high costs dent prof...

02 May 2025 10:43 AM IST Business

ArcelorMittal Cautions on Global Steel Trade Amid Rising Costs

ArcelorMittal warns of global trade issues. Steel prices surge amid supply...

30 Apr 2025 05:12 PM IST Business

₹100 Crore Boost: Jindal (India) Limited Launches Pipes & Tubes Segment

Jindal (India) enters steel pipes & tubes market. ₹100 crore investmen...

30 Apr 2025 02:57 PM IST Business

ISSDA Demands Action as Cheap Imports Threaten Domestic Steel Players

ISSDA seeks action against rising cheap imports. MSMEs face mounting press...

30 Apr 2025 10:53 AM IST Business

Vardhman Special Steels Announces ₹2,000 Crore Greenfield Plant in Punjab

VSSL to invest ₹2,000 crore in a greenfield steel plant in Punjab. The pla...

29 Apr 2025 03:18 PM IST Business

CRC Prices Gain ₹1,200/Tonne in Local Market Amid Stock Shortage

Local CRC prices rose by ₹1,000–₹1,200/tonne. Re-roller stock levels...

29 Apr 2025 02:55 PM IST Business

India's LMEL sees 27% decline in net profit in Q4 FY 2024-25

LMEL’s Q4 FY2024-25 net profit dropped by 27%. Revenue saw a signifi...

29 Apr 2025 12:45 PM IST Business

Odisha will house 50% of India’s steelmaking capacity by 2030.

Odisha will house 50% of India’s steelmaking capacity by 2030. ₹1.5...

28 Apr 2025 05:58 PM IST Business

Government launches initiative to develop a national iron ore price index.

Government launches initiative to develop a national iron ore price index....

28 Apr 2025 03:17 PM IST Business

Tata Steel Called to Lead India’s Global Raw Material Sourcing for 2030

Tata Steel urged to lead global sourcing of steelmaking raw materials. Mov...

28 Apr 2025 10:42 AM IST Business

India Steel 2025: PM Modi Charts Bold Growth Vision for Steel Sector

PM Modi sets bold targets for 300 MT steel capacity by 2030 at India Steel...

25 Apr 2025 03:59 PM IST Business