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India plans to produce 152 MT of steel in FY2024–2025

India's steel production will increase by over 6% year on year to 152 milli...

12 Jul 2024 04:18 PM IST Ferrous

India’s Tata Steel launches ‘carbon bank’ to convert CO2 reduction into assets

Tata Steel Limited of India has established a 'carbon bank', a virtual repo...

12 Jul 2024 12:19 PM IST Large Corporate

No privatisation of Vizag steel plant, assures steel ministry

Union Minister for Steel and Heavy Industries HD Kumaraswamy said the Vizag...

12 Jul 2024 11:05 AM IST Notification

China updates roadmap for reaching carbon neutrality in steel industry

China's Steel Industry Expert Committee on Low-Carbon Metallurgy has releas...

11 Jul 2024 05:42 PM IST Energy

JSW Steel's consolidated crude steel output up 1% in Q1 FY 2024-25

India's JSW Steel Limited recorded consolidated crude steel production of 6...

11 Jul 2024 04:25 PM IST Large Corporate

Outlook for iron ore prices in second half of the year will remain unchanged: Goldman Sachs

Goldman Sachs, a US-based investment banking firm, has maintained its iron...

11 Jul 2024 11:45 AM IST Ferrous

India's iron ore exports climb in April-June amid declining Chinese demand

India's iron ore exports increased by over 5% year on year to 10.25 million...

11 Jul 2024 10:57 AM IST Ferrous

JSP plans to build the world's largest steel plant in Angul by 2030

Jindal Steel and Power (JSP) will set up the world’s largest steel pl...

10 Jul 2024 05:53 PM IST Large Corporate

India's PMI rises in June, with steel and services sectors driving economic growth: SBI

The manufacturing Purchasing Managers' Index (PMI) rose in June 2024, fuele...

10 Jul 2024 03:06 PM IST Business

Goa govt terminates registration of iron ore traders for failure to submit documents

The Goa government has cancelled the registration of 50% of active iron ore...

10 Jul 2024 01:32 PM IST Notification

Global scrap prices stabilized in early July

The first week of July 2024 saw a modest increase in scrap prices throughou...

10 Jul 2024 12:25 PM IST Raw Material

India Stainless Steel Industry to Reach $31,905.2 mn by 2034, with a CAGR of 6.2%

India's stainless steel industry value is expected to rise from $17,452.5 m...

10 Jul 2024 11:00 AM IST Ferrous

JSW Steel to invest $1 bn on decarbonisation, aims to achieve net neutrality by 2050

JSW Steel intends to invest $1 billion in its operations to reduce carbon e...

09 Jul 2024 04:36 PM IST Large Corporate

Govt infra push steers steel demand to 221-275 MT by FY34: report

India's overall steel consumption is expected to expand at a CAGR of 5% to...

09 Jul 2024 02:40 PM IST Ferrous

India's coal imports rise by 5% to 52 MT in April-May

India's coal imports increased by 5.3% to 52.29 million tonnes (MT) in the...

08 Jul 2024 12:57 PM IST Energy