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IRON AND STEELMAKING
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...
Vedanta Iron and Steel aims to become major resource-backed integrated steel platformVedanta Iron And Steel Ltd, newly listed, plans to be a leading integrated steel producer. The company will leverage its vast iron ore rese...
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,...
World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond ChinaGlobal mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urbanisation and infrastructure project...
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
Dry-Bulk shipping rates extend decline as capesize demand coolsThis decline is attributed to cooling demand in larger vessel segments, particularly Capesizes, despite a strong first half of the year. An...
Fire breaks out at Tata Steel's United Kingdom plantA fire erupted at Tata Steel's Port Talbot plant in the UK. Emergency services responded swiftly to the incident. All personnel were safely...
UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headacheIn the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia ...
Coal gasification can raise India's resource security amid decarbonisation uncertainties: ReportWhile coal gasification presents uncertain decarbonisation outcomes, it can play a crucial role in strengthening the country's raw material...
India steel sector grows in April, crude output up 5.8%, consumption up 8.1%India's steel sector showed strong growth in April 2026. Production and consumption of steel increased significantly. This performance refl...
Iran's economy has been battered. Its leaders still think Trump will blink firstIran's economy faces severe disruption from U.S. and Israeli strikes. Factories are shut, leading to mass job losses and soaring prices for...
India aiming to cut steel emissions by 25%, double capacity, document showsIndia is set to boost its steel production significantly by 2035-36. The new National Steel Policy 2025 targets a substantial reduction in ...
Secondary steelmakers face double whammy as prices of key inputs riseA paucity of coal in the domestic market is pushing upwards the prices of sponge iron. Meanwhile, there has also been a squeeze on the avai...
Slow domestic demand, surging input prices worry India's secondary steelmakers“NMDC’s price reduction on iron ore is not very significant. Iron ore prices have risen more than four times in the past year, and now the ...
Platts iron ore index declines furtherPlatts said its iron ore index for 62% ferrous content ore fell 75 cents to $44 per dry million tonne, pointing at a continuous weakness in...
NMDC cuts iron ore prices by up to 11 per cent in FebruaryNMDC has cut prices of iron ore lumps by 11% for February to Rs 3,750 per tonne from Rs 4200 per tonne, while prices of fines were fixed at...
Karnataka steelmakers protest against state government's decision to lease mine to MSPLIndian steelmakers have struggled to feed their growing steelmaking capacity in the country after the SC banned iron ore mining in Karnatak...
- NMDC cuts iron ore prices by up to 11%, but steel companies not excited
NMDC’s decision to bring down iron ore prices for October by up to 11% has met with a lukewarm response from domestic steel cos.
- Steelmakers fight back over iron ore price push
Steelmakers are fighting back over attempts by the $200-billion iron ore mining industry to raise the cost of their main raw material, call...