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INDIAN STEEL INDUSTRY CHALLENGES
AM/NS takes over banks' claims linked to Essar Group promoters' personal guarantees"Banks had claims attached to the personal guarantees issued by the Essar promoters which was linked to the Essar Steel resolution. AM/NS' ...- Stainless steel industry seeks end to QCO relief from July 1India's stainless steel makers are urging the government to reinstate strict quality control norms from July 1, warning that a temporary re...
- Gukesh, Praggnanandhaa lead Indian challenge at Zagreb Rapid and BlitzIndian chess prodigies D Gukesh and R Praggnanandhaa are set to compete in the Zagreb Rapid and Blitz Tournament, a prestigious Grand Chess...
- Quote of the day by Danielle Steel: 'Love is messy. If you really love someone, you can't avoid the pain. People leave, things change, but sometimes it all works' - Why the bestselling American author believes love's imperfections make it realDanielle Steel's quote, "Love is messy", reminds readers that real love is imperfect yet meaningful. From her 2012 novel Friends Forever, t...
- EU unveils new steel import quotas to protect its industry from overcapacity, reserves half for FTA partnersThe European Commission has implemented new quotas to curb duty-free steel imports, aiming to bolster the EU's steel sector and boost capac...
- VMS TMT board clears AUSL merger with companyVMS TMT has announced its board has approved the merger with TMT bars maker Aditya Ultra Steel Ltd (AUSL). This strategic amalgamation aims...
- Govt plans Rs 5,000 crore scheme in 3 months to promote green technologies in steel sectorThe Indian government is set to launch a Rs 5,000 crore scheme within three months to boost clean technologies in steelmaking, aiming to sl...
- World MSME Day: Gem & jewellery sector calls for MSME-led innovations amid global uncertaintyDespite challenges like fluctuating gold prices and evolving consumer tastes, experts highlight opportunities in design-led, innovative pra...
- Capacity augmentation, value-added applications critical for making India leader in stainless steel productionWith a growing domestic market and potential in sectors like green hydrogen and pharmaceuticals, India aims to be a manufacturing and innov...
- FEMA rules revision: Exporters flag at least half-a-dozen worriesIndian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liq...
- India initiates anti-dumping investigation into steel imports from China, Japan, RussiaIndia has launched an anti-dumping investigation into hot rolled steel imports from China, Japan, and Russia. JSW Steel and Jindal Steel al...
- Cotton duty or competitiveness? The bigger challenge facing India’s $190 billion textile industryThe government’s temporary import duty relief may ease pressure on mills and exporters, but industry experts say deeper problems in product...
- Railways to allow industries to design wagons as per their specific needIndian Railways is set to revolutionize freight transport by allowing industries to design wagons tailored to their specific needs. This mo...
- Stainless steel sector MSMEs flag import surge, urges govt to reintroduce quality control orderIndian stainless steel MSMEs are urging the government to reinstate a quality control order after its suspension led to a surge in cheap Ch...
- Industry must adopt emerging tech to boost productivity, remain competitive: Steel MinisterUnion Steel Minister HD Kumaraswamy has urged the Indian steel industry to embrace emerging technologies like AI and IoT to boost global co...
- India will monitor Chinese steel imports before deciding on further curbs, source saysIndia is closely watching steel imports, particularly from China, for another two months before deciding on further actions. Despite a thre...
- Steel industry sounds alarm over slow progress on green steelThe global push for green steel faces significant hurdles, with half of planned projects delayed and government support falling drastically...
- India to lead next phase of global steel demand, says Lakshmi MittalIndia is set to become the global leader in steel demand. This shift follows decades of strong growth from China. Lakshmi Mittal, executive...
- India poised to drive next wave of global steel demand, says Lakshmi MittalIndia is set to lead global steel demand in the coming decades. Large-scale infrastructure projects, urban growth, and energy transition in...
- The new man of steel! India seen filling the void China may leaveIndia Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low,...
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