Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
Tata Steel is planning to merge Neelachal Ispat Nigam Ltd. (NINL) with itself in a move aimed at simplifying its corporate structure and improving operational synergies. Tata Steel had acquired NINL from the government in July 2022 for Rs 12,100 crore, and under the disinvestment terms, the company was required to keep NINL as a separate legal entity for three years. With that period now over, the proposed merger is expected to help streamline operations and strengthen integration within Tata Steel’s broader business strategy. The company has also announced a $2 billion capital infusion into its subsidiary T Steel Holdings, reflecting its continued focus on strengthening group structure and long-term steel business efficiency.
Also Read : Middle East Turmoil May Push India Back to Net Steel Importer Status in FY27 Global Carbon Steel Market Eyes Strong Surge Through 2025-2032: Report
The production of steel dropped in four out of the seven the primary steel provinces in China betwee...
China 29-May-2024
United States Steel, now part of Nippon Steel, announced a multi-year growth program targeting about...
Construction 06-Nov-2025
Vedanta Ltd, a mining giant, stated that production of aluminium, zinc, iron ore, and steel increase...
Large Corporate 04-Jul-2024
According to Deccan Gold Mines Ltd it is evaluating data on critical minerals, including lithium, in...
Non-Ferrous 05-Feb-2024
Tata Steel, JSW Steel, and other metal stocks dropped up to 3% amid rising global trade tensions. U...
Business 09-Apr-2025
The world's largest economy grew faster than anticipated in the fourth quarter of last year, which c...
Non-Ferrous 27-Jan-2024