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New Mining Cess Could Heighten Cost Pressures for Steel Producers, Warns ICRA

A recent analysis by ICRA, a prominent credit rating agency, suggests that...

27 Aug 2024 12:21 PM IST Raw Material

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

NMDC Steel Limited Hits 1 Million Ton Production Milestone

NMDC Steel Limited has reached a significant production milestone, producin...

21 Aug 2024 05:49 PM IST Construction

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

AM/NS India Launches 'Optigal' to Boost Color-Coated Steel Production

AM/NS India has announced the expansion of its colour-coated steel producti...

20 Aug 2024 04:02 PM IST Raw Material

China’s Steel Sector Struggles with Declining Production

China’s steel sector is currently grappling with severe challenges, m...

20 Aug 2024 02:14 PM IST Ferrous

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 Industry Transforms as Key Reforms and Technological Advances in 2024

In 2024, the steel industry is experiencing significant changes driven by k...

14 Aug 2024 12:11 PM IST Renewables

Iron Ore Prices Fall Below $100 Amid Steel Industry Slowdown

Iron ore prices have declined, dropping below $100 per ton, as sentiment wi...

13 Aug 2024 02:45 PM IST Raw Material