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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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Indian Railways aims to make ₹5,400 cr from scrap sales

Indian Railways aims to make ₹5,400 crore from scrap sales in fiscal year 2...

25 Apr 2024 10:55 AM IST Construction

Base metals reach multi-year highs, driving 3% rise in BSE Metal index

Base metal prices have risen to multi-year highs, driving the BSE Metal ind...

24 Apr 2024 05:31 PM IST Non-Ferrous

China’s rising steel exports are inflaming global trade tension

As the metal reaches a wider range of destinations, China's biggest wave of...

24 Apr 2024 04:49 PM IST China

Iron ore shipments expected to expand slower this year amid mixed signals from China

The reduction in Chinese steel production will slow the growth of iron ore...

24 Apr 2024 02:22 PM IST Ferrous

Pig iron production dropped 5% y/y in March globally

The total amount of pig iron produced globally in March 2024 was 118.27 mil...

24 Apr 2024 02:11 PM IST Ferrous

Top world energy traders are coming back to the metals markets

Some of the world’s top energy trading companies are returning to met...

24 Apr 2024 12:47 PM IST Energy

Railways acquires RINL's forged wheel plant  at Rae Bareilly

The debt-ridden Rashtriya Ispat Nigam Ltd. forged wheel plant in Rae Bareil...

24 Apr 2024 11:54 AM IST Mid Corporate

Asian markets project lower Q2 pricing for coking coal

There were indications of a downturn in prices when the seaborne coking coa...

24 Apr 2024 11:35 AM IST Ferrous

Indian Bank & Tata Power Solar Systems inks pact to provide financing solutions

Under the Center's Pradhan Mantri Surya Ghar Muft Bijli Yojana Scheme, publ...

24 Apr 2024 11:04 AM IST Renewables

India's steel demand is expected to grow by 8-10% in FY25

Global steel prices, including those in India, will continue to be influenc...

24 Apr 2024 10:56 AM IST Ferrous

Global crude steel output down 4.3% in March

Global crude steel production fell 4.3% year on year in March to 161.2 mill...

23 Apr 2024 04:32 PM IST Ferrous

Researchers say, China can't quit coal by 2040 despite global climate goals

China's coal consumption will fall by just one-third by 2040, according to...

23 Apr 2024 04:20 PM IST Energy

China's EV strategy of being small and cheap pays big dividends across Asia

China's dominance in global electric vehicle manufacturing and sales is wel...

23 Apr 2024 03:53 PM IST Automobiles

India's Peak power demand projected at 260 GW, Karnataka, Gujarat continues to lead clean energy transition race

Karnataka and Gujarat continue to lead India's transition to clean energy,...

23 Apr 2024 03:04 PM IST Renewables

Centre gets seven bids to set up giga-scale battery manufacturing facilities

Ministry of Heavy Industries (MHI) has received bids from seven bidders und...

23 Apr 2024 03:03 PM IST Press Releases