Breaking News

India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis

Business News

NMDC Sees 15% YoY Growth in Iron Ore Production in April

NMDC posts 15% rise in iron ore production in April 2025. Total output sta...

05 May 2025 02:47 PM IST Business

Global Steel Tubes Market Set to Cross USD 122.19 Billion by 2035

Steel tubes market to touch USD 122.19 billion by 2035. Market to grow at...

05 May 2025 11:57 AM IST Business

JSW Steel Faces ₹4,500-Crore EBITDA Blow as BPSL Liquidation Nears

JSW Steel may lose 10-15% production capacity. ₹4,500 crore EBITDA dent ex...

03 May 2025 03:05 PM IST Business

Global HRC Trade Slows as Demand Dips and Holidays Disrupt Markets

Global HRC trade slows amid weak demand, holidays. Southeast Asia, Europe,...

03 May 2025 01:11 PM IST Business

SC Orders Bhushan Power and Steel Liquidation, Rejects JSW’s ₹19,700 Cr Plan

Supreme Court scraps JSW Steel’s ₹19,700 crore plan. Orders liquidat...

03 May 2025 12:08 PM IST Business

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