Breaking News

JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana

Business News

Imported Scrap Prices Under Pressure in India

Mills avoiding bulk scrap buys before monsoon. Steel demand likely to drop...

22 May 2025 10:43 AM IST Business

Germany’s Steel Output Slumps 10.1% YoY in April 2025

Germany’s crude steel production dropped sharply by 10.1% year-on-yea...

21 May 2025 06:25 PM IST Business

Supreme Court Scraps JSW Steel’s Resolution Plan for Bhushan Steel Assets; ED Reclaims Control

Supreme Court scraps JSW Steel’s deal. ED regains asset control for...

21 May 2025 04:43 PM IST Business

Italy’s Steel Output Falls 10.8% in April Amid Energy Crisis

Italy’s steel output dropped 10.8% in April 2025. High energy costs...

21 May 2025 02:23 PM IST Business

BMW Industries Shares Rise 5.7% After Securing ₹365 Cr Order from Tata Steel

BMW Industries secures ₹365 Cr order from Tata Steel for HR coil conversion...

21 May 2025 11:28 AM IST Business

India’s Steel Exports Rise 11.7% Y/Y in April 2025

India's steel exports rose 11.7% y/y in April to 725,540 tons. EU shipment...

21 May 2025 10:52 AM IST Business

India’s Steel Exports Up 12% in April on EU Demand Surge

India’s steel exports rose 12% y/y in April to 725K tons. EU shipmen...

20 May 2025 06:19 PM IST Business

Nippon Steel Pledges $14 Billion Investment to Secure U.S. Steel Acquisition

Nippon Steel offers $14B investment in U.S. Steel. $4B planned for a new U...

20 May 2025 05:44 PM IST Business

JSL Eyes 30% Surge in Stainless Steel Exports for FY 2024-25

JSL plans 30% increase in stainless steel exports in FY25. Focus on Europe...

20 May 2025 02:36 PM IST Business

Steel Ministry Plans Mining Vertical for SAIL to Boost Iron Ore Output

Steel Ministry exploring separate mining vertical for SAIL. Move aims to e...

20 May 2025 01:06 PM IST Business

India to Contribute 40% to Global Steel Capacity Growth in Coming Years

India leads with 40% of global steel capacity in development. 57% of new c...

20 May 2025 10:45 AM IST Business

Indian CRC Prices Enter Downtrend as Auto Sector Pauses Restocking

CRC prices decline due to paused auto sector restocking. Discounted sales...

19 May 2025 04:08 PM IST Business

Chinese Steel Production Declines by 7% in April 2025

April steel output fell 7%. Profitability improved despite the drop. Dema...

19 May 2025 02:36 PM IST Business

Tokyo Steel keeps June product prices unchanged.

Tokyo Steel keeps June product prices unchanged. Decision supports market...

19 May 2025 12:55 PM IST Business

Tata Steel Targets ₹11,500 Crore Cost Reductions Across Global Operations

Tata Steel plans ₹11,500 cr global cost cuts. Focus on operational, fixed...

19 May 2025 11:07 AM IST Business