India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Lloyds Metals and Energy has announced plans to build a new integrated steel plant with an investment of ₹20–22 billion. The facility will have a production capacity of over 4 million tonnes per annum (MTPA) and is expected to be completed within 4–5 years.
The project will cover the full value chain—from raw material handling to finished steel products—bringing efficiency, cost advantages, and operational flexibility. It will cater to India’s growing demand in construction, infrastructure, automotive, and engineering sectors.
Lloyds stated that the project will generate significant employment opportunities and support related industries such as raw materials, logistics, and engineering services. The expansion reflects confidence in India’s long-term steel demand and aligns with the government’s agenda for industrial growth and self-reliance.
Also Read : India Goes Strict,Tightens Steel Import Rules India's JK Lakshmi cement reports 69% surge in Q3 profit
Billionaire Sajjan Jindal-owned JSW Group intends to establish an electric vehicle (EV) venture in O...
Large Corporate 12-Feb-2024
Additional Secretary, Ministry of Coal, M. Nagaraju underlined the crucial role of coal gasification...
Notification 22-Feb-2024
The total budgetary allocation for Railways in Andhra Pradesh for the 2024-25 fiscal is 9,138 crore,...
Announcement 02-Feb-2024
The Tamil Nadu government unveiled the 2024–25 budget on Monday, predicting a revenue shortfal...
Announcement 19-Feb-2024
India has eclipsed China and Japan as the world's top importer of seaborne coking coal, with imports...
Ferrous 08-May-2024
The coal ministry will meet with stakeholders on Friday to discuss how to promote coal and lignite g...
Press Releases 15-Feb-2024