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MELTING STEEL
Vizag Steel Plant tragedy: Andhra Dy CM announces ex-gratia; says such an accident 'never occurred' in 30 yearsAndhra Pradesh Deputy Chief Minister Pawan Kalyan on Tuesday expressed deep grief over the tragic explosion at the Visakhapatnam Steel Plan...- Vizag Steel Plant accident: Centre announces Rs 25 lakh ex gratia, job for victims' kinThe Centre has announced significant support for families affected by the Vizag Steel Plant accident. Ex gratia compensation of Rs 25 lakh ...
- Trump temporarily slashes tariffs on farm, industrial equipment from 25% to 15%America's President Donald Trump has reduced tariffs on farm and industrial equipment. Duties on machinery like harvesters and bulldozers w...
- Tata Steel UK wins exemption from US steel tariff rulesTata Steel UK has received a special exemption from US tariffs. This allows steel processed in Britain to be exported to America at a lower...
- Mangalam Worldwide’s board approves 1:10 stock split as smallcap rises 120% in a yearMangalam Worldwide has approved a 1:10 stock split, under which each equity share with a face value of Rs 10 will be subdivided into 10 sha...
- Hindustan Zinc signs MoU with Group Nirmal to set up wire manufacturing unit in RajasthanHindustan Zinc is partnering with Group Nirmal to build a new zinc wire manufacturing facility in Rajasthan. This unit will produce high-gr...
- L&T wins largest domestic metals order from JSW Steel for major expansionLarsen & Toubro's Minerals & Metals division secured its largest domestic metals order from JSW Steel, valued between Rs 10,000 crore and R...
- Jindal Stainless Q4 Results: Co posts quarterly profit jump on strong domestic demandJindal Stainless has seen a significant profit increase of 42.7 percent in its fourth quarter. This growth is attributed to robust domestic...
- Mangalam Worldwide Q4 net profit grows to Rs 15 croreMangalam Worldwide, a stainless-steel manufacturer, reported an impressive 81% surge in consolidated net profit to Rs 15.37 crore for the q...
- Why Putting a Spoon in Your Freezer Could Save Your FoodKitchen cooks are finding a simple trick to reduce food waste: freezing a steel spoon. This method, backed by science, leverages thermal co...
- Industrial decarbonization hinges on capital cycles, not just clean energy: Jindal Stainless' Kalyan BhattacherjeeDecarbonizing heavy industry is less about clean energy and more about long asset cycles that lock in emissions for decades. The real oppor...
- Jindal Stainless enters retail segment, expands into construction value chainJindal Stainless Ltd has entered the retail market with Jindal Infinity, a new stainless steel rebar. This move allows the company to conne...
- 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 ...
- Jindal Stainless commissions 1.2 MTPA stainless steel melting shop project in IndonesiaJindal Stainless has commissioned a 1.2 million tonnes stainless steel melt shop in Indonesia, boosting its total annual melting capacity t...
- ABB India installs digital solutions at JSW Steel's Dolvi Works plant in MaharashtraABB India in a statement said that it has completed melt shop digitalisation project with JSW Steel, boosting productivity and profitabilit...
- Steel industry seeks withdrawal of import duty on scrapThe steel industry today demanded withdrawal of 2.5 per cent import duty imposed on melting and stainless steel scraps.
- Govt imposes import duty on steel, aluminium, brass scrapsSince 2003, import duty on melting steel scrap was nil, while on stainless steel scrap, the duty was reduced to zero in the Budget of 2011.
- Budget 2013: Increase basic customs duty on steel melting scrap to 10 percent, asks SIMAThe Sponge Iron Manufacturers Association (SIMA) has asked for an increase of basic customs duty on steel melting scrap from 0 to 10 percen...
- Budget 2013: Increase basic customs duty on steel melting scrap to 10 per cent, asks SIMAIn its pre-Budget memorandum, SIMA said import of steel melting scrap in current financial year from April 2012 to January 2013 has broken ...
- Bhilai Steel Plant records 5.7 per cent growth in H1 hot metal productionBhilai Steel Plant has ended the first half (H1) of the current year with a fulfilment of 102.6%, 103.7% and 103.8% of annual business plan...
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