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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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Supreme Court Scraps JSW Steel’s Resolution Plan for Bhushan Steel Assets; ED Reclaims Control

Supreme Court scraps JSW Steel’s deal. ED regains asset control for...

21 May 2025 04:43 PM IST Business

Italy’s Steel Output Falls 10.8% in April Amid Energy Crisis

Italy’s steel output dropped 10.8% in April 2025. High energy costs...

21 May 2025 02:23 PM IST Business

BMW Industries Shares Rise 5.7% After Securing ₹365 Cr Order from Tata Steel

BMW Industries secures ₹365 Cr order from Tata Steel for HR coil conversion...

21 May 2025 11:28 AM IST Business

India’s Steel Exports Rise 11.7% Y/Y in April 2025

India's steel exports rose 11.7% y/y in April to 725,540 tons. EU shipment...

21 May 2025 10:52 AM IST Business

India’s Steel Exports Up 12% in April on EU Demand Surge

India’s steel exports rose 12% y/y in April to 725K tons. EU shipmen...

20 May 2025 06:19 PM IST Business

Nippon Steel Pledges $14 Billion Investment to Secure U.S. Steel Acquisition

Nippon Steel offers $14B investment in U.S. Steel. $4B planned for a new U...

20 May 2025 05:44 PM IST Business

JSL Eyes 30% Surge in Stainless Steel Exports for FY 2024-25

JSL plans 30% increase in stainless steel exports in FY25. Focus on Europe...

20 May 2025 02:36 PM IST Business

Steel Ministry Plans Mining Vertical for SAIL to Boost Iron Ore Output

Steel Ministry exploring separate mining vertical for SAIL. Move aims to e...

20 May 2025 01:06 PM IST Business

India to Contribute 40% to Global Steel Capacity Growth in Coming Years

India leads with 40% of global steel capacity in development. 57% of new c...

20 May 2025 10:45 AM IST Business

Indian CRC Prices Enter Downtrend as Auto Sector Pauses Restocking

CRC prices decline due to paused auto sector restocking. Discounted sales...

19 May 2025 04:08 PM IST Business

Chinese Steel Production Declines by 7% in April 2025

April steel output fell 7%. Profitability improved despite the drop. Dema...

19 May 2025 02:36 PM IST Business

Tokyo Steel keeps June product prices unchanged.

Tokyo Steel keeps June product prices unchanged. Decision supports market...

19 May 2025 12:55 PM IST Business

Tata Steel Targets ₹11,500 Crore Cost Reductions Across Global Operations

Tata Steel plans ₹11,500 cr global cost cuts. Focus on operational, fixed...

19 May 2025 11:07 AM IST Business

Asia-Pacific's Iron or Steel Cans Market to Hit 117B Units, $33.5B by 2035

APAC’s iron/steel cans market to reach $33.5B by 2035. Growth driven...

19 May 2025 10:30 AM IST Business

Monthly Steel Ingot Output Rises 4.6% YoY

Steel ingot output increased by 4.6% YoY in April 2025. Demand from infra...

17 May 2025 06:23 PM IST Business