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Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis

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FinMin Steps In After SC’s JSW Steel-BPSL Verdict, Plans Lender Support

Finance Ministry to assist lenders on JSW Steel-BPSL verdict impact. Meeti...

07 May 2025 10:49 AM IST Business

JSW Steel May Face ₹4,500 Cr EBITDA Hit After SC Verdict on BPSL

SC cancels JSW Steel’s ₹19,700 Cr BPSL acquisition deal. Expected EB...

06 May 2025 06:10 PM IST Business

India’s Iron Ore Production Rises to 289 Million Tonnes in FY2024-25

India’s iron ore output rises to 289 MT in FY24/25. Production surge...

06 May 2025 05:12 PM IST Business

India Proposes Zero Tariffs for US Steel in Trade Talks

India has proposed zero tariffs on US steel and auto parts. The US has sho...

06 May 2025 11:41 AM IST Business

Jindal SAW Sees 82% YoY Profit Drop in Q4 FY 2024-25

Net profit declined 82% YoY to ₹33.24 crore in Q4 FY 2024-25. Operational...

06 May 2025 10:36 AM IST Business

India’s Iron Ore Output Hits Record High in FY 2024-25

India produced 284 MT of iron ore in FY 2024-25, highest ever. 13% YoY gro...

05 May 2025 05:10 PM IST Business

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