Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
The UK government has introduced new procurement rules that put domestic steel at the front of public contract decisions, aiming to strengthen national security and protect critical supply chains. Under the new guidance, steel, shipbuilding, artificial intelligence, and energy infrastructure have been classified as strategic sectors, with departments encouraged to favour British suppliers when needed. Public bodies will now be expected to use UK-made steel or explain why overseas sourcing is necessary. The policy is designed to support local jobs, preserve industrial capacity, and make government spending work harder for British manufacturing. A new Public Interest Test for contracts above £1 million will also push departments to assess whether services should stay in-house, marking a broader shift in procurement strategy.
Also Read : UK Steel Tariffs Rise as Britain Cuts Import Quotas to Protect Domestic Industry Europe’s tougher steel rules test Indian exporters
After the general elections, decisions will be made over the future of the massive American electric...
Mid Corporate 16-Feb-2024
China’s steel industry is stepping up its response to the European Union’s Carbon...
China 18-Apr-2026
The Government of India has constituted an advisory committee to initiate reforms aimed at increasin...
India 06-Sep-2025
Iron ore prices moved higher as strong steel production and rising construction demand supporte...
China 22-Sep-2025
German Vice Chancellor Lars Klingbeil has called for a complete halt to Russian steel imports, urgin...
Raw Material 04-Nov-2025
Finance Ministry calls for cheaper energy to support green steel&...
Business 05-Jun-2025