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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

Amitava Baksi Appointed Steel Sector Ambassador at Achilles Information Limited

Amitava Baksi has been appointed as the Steel Sector Ambassador at Achilles...

28 Aug 2024 12:07 PM IST Business

China Halts New Steel Capacity Amid Industry Crisis

China has halted new steel capacity expansions as the industry faces severe...

23 Aug 2024 02:11 PM IST Business

CRISIL Sees Slower Growth for Steel MSMEs This Year

Steel MSMEs may experience a deceleration in growth for the current financi...

23 Aug 2024 11:52 AM IST Business

India's Steel Sector to Invest $2.7 Billion in Technology by 2030

India's steel sector is projected to significantly ramp up its technologica...

22 Aug 2024 05:06 PM IST Business

India's Steel Imports Surge Due to Increased Chinese Shipments

From April to July, India continued to be a net importer of steel, primaril...

22 Aug 2024 03:40 PM IST Business

China Slashes Coal Plant Approvals, Signaling Shift to Clean Energy

China is signaling a major shift in its energy policy as it drastically red...

22 Aug 2024 12:38 PM IST Business

Tata Steel Eyes Nuclear Future with Plan for 200 Small Modular Reactors

Tata Steel is exploring utilising nuclear energy to advance its green steel...

22 Aug 2024 11:25 AM IST Business

UK Government Invests in Tata Steel's Decarbonization Efforts

The UK government has announced a significant allocation of funds to suppor...

21 Aug 2024 03:16 PM IST Business

Global Steel Industry Faces Crisis Amid Overproduction and Sluggish Demand

The world’s largest steel industry is currently grappling with signif...

21 Aug 2024 12:43 PM IST Business

Thai Steel Industry Faces Increased Pressure from Foreign Competitors

The Thai steel industry is increasingly concerned about heightened competit...

14 Aug 2024 01:31 PM IST Business

Steel Prices Plummet Amid Market Saturation

Due to the sudden and recent boom, the global steel market is currently in...

12 Aug 2024 10:59 AM IST Business

Germany’s Low-Emission Steel Standard May Challenge Indian Industry

Germany's proposed low-emission steel standard could create significant cha...

09 Aug 2024 02:06 PM IST Business

Vedanta Halts $2.5 Billion Steel Sale Amid Market Uncertainty

Vedanta Resources has decided to pause the sale of its $2.5 billion steel b...

09 Aug 2024 12:27 PM IST Business

China’s Export Recovery Threatened by U.S. Slowdown

Recent developments have raised concerns about China's export-driven recove...

08 Aug 2024 12:18 PM IST Business

CBAM Could Increase Tax Burden on India’s Steel Sector by Up to 35%

The European Union's Carbon Border Adjustment Mechanism (CBAM) is poised to...

07 Aug 2024 11:16 AM IST Business