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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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NMDC output fell, while sales climbed in April

The state-owned NMDC stated that iron-ore production decreased by over 1% i...

03 May 2024 11:26 AM IST Large Corporate

India's coal production up 7.4% in April to 78.69 MT

In April, India's domestic coal production reached 78.69 million tonnes (MT...

03 May 2024 11:10 AM IST Energy

India's mineral production jumps 8% in February

India's mineral output increased by 8% in February compared to the same mon...

03 May 2024 10:41 AM IST Press Releases

Indian steel exports to Europe hit 5-year high in FY24 but cedes space in UAE, Vietnam to Chinese mills

Europe acquired 3.3 million tonnes (MT) of Indian steel exports in FY24, ri...

02 May 2024 05:34 PM IST Ferrous

Renewable energy accounts for 71% of India's power capacity additions in FY24: Report

The CEEW Centre for Energy Finance (CEEW-CEF) Market Handbook states that o...

02 May 2024 05:34 PM IST Business

Major Indian ports saw 9% faster ship movements in FY24 as infra improved

The major ports in India saw a notable improvement in performance in FY24....

02 May 2024 03:56 PM IST Logistics

Iron & steel stocks gain up to 11% on solid March quarter results

In Thursday's intra-day trade, shares of iron and steel companies, mainly f...

02 May 2024 03:51 PM IST Ferrous

ArcelorMittal expects 3-4% rise in steel demand this year

ArcelorMittal, the world's second-largest steelmaker, said that it expected...

02 May 2024 01:01 PM IST Large Corporate

Railways gave power plants record rakes for transporting coal in March

According to the Coal Ministry data, Indian Railways supplied an unpreceden...

02 May 2024 12:54 PM IST Construction

Vedanta plans to invest $20 bn in India in 4 years; will sell steel biz only at right price

The Vedanta Group aims to invest $20 billion across all its businesses in I...

02 May 2024 12:20 PM IST Large Corporate

Private refiners’ crude oil imports from Russia at 12-month high in April

In April 2024, the private refiners Reliance Industries (RIL) and Rosneft-a...

02 May 2024 11:27 AM IST Oil & Gas

Jindal Stainless announces expansion plans worth ₹5,400 cr

The publicly traded stainless steel producer Jindal Stainless has revealed...

02 May 2024 10:35 AM IST Large Corporate

Coal India production rises 7% in April

CIL, a state-owned company, said its April production grew by 7.3% to 61.8...

01 May 2024 05:46 PM IST Energy

GST revenue collection hits record high of ₹2.10 lakh cr in April

India's GST collections reached a record high of ₹2.10 lakh crore in April,...

01 May 2024 04:03 PM IST Taxation

Govt unlikely to impose export curbs on low-grade iron ore

India is unlikely to impose tariffs on exports of low-grade iron ore for no...

01 May 2024 03:26 PM IST Announcement