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STEEL PRODUCTION 2029
EU clears significant hurdle in negotiations for a groundbreaking US tariff deal, paving the way for future tradeThe European Parliament gave a final sign off on Tuesday to a tariff deal with the United States as the EU seeks to close a volatile chapte...
Reliance, Vedanta, Adani join India's drive to cut China rare earth dependence, sources sayIndian conglomerates Reliance, Vedanta, and Adani are among ten companies expressing interest in developing rare-earth processing facilitie...
Tata taps China's Chery for premium EV push, sources sayTata Motors is set to license an automaking platform from China's Chery. This collaboration aims to accelerate the launch of Tata's premium...
AM/NS India lays foundation for ₹70,000 crore steel plant in AndhraAM/NS India has begun construction of a major steel plant in Anakapalli, Andhra Pradesh. This significant project represents a Rs 70,000 cr...
India’s coal imports dip 4.2% as domestic production rises amid global price surgeIndia's coal imports saw a significant drop of 4.2 percent in the April-January period. This decline is attributed to a strong push for sel...
ArcelorMittal Nippon Steel India to start work on Rs 70,000 cr Andhra steel plant next weekArcelorMittal Nippon Steel India is launching its largest greenfield steel project in Andhra Pradesh, investing Rs 70,000 crore in the firs...
CIL's coking coal production drops by 9% in MayCoal India Limited saw a dip in coking coal production in May. The production fell by 8.7 percent. This happened even as the government aim...
AM/NS India to get Rs 28,000 crore sop from Andhra Pradesh for new steel plantAndhra Pradesh government is set to provide incentives to Arcelor Mittal Nippon Steel (AM/NS) India. The incentives are worth up to Rs 28,0...
South Korea's Hyundai, Posco agree to cooperate on US steel plantHyundai Motor Group and Posco Holdings have signed an agreement for cooperation on Hyundai's planned U.S. steel plant, with Posco making an...
SAIL, Tata Steel, AM/NS, JSW and JSPL among speciality steel PLI 1.1 beneficiariesSteelmakers including SAIL, Tata Steel, and JSW Steel commit Rs 17,000 crore for the specialty steel production under the PLI 1.1 scheme. W...
PLI and renewable energy incentives to be packed into green steel missionThe government is developing a ₹15,000 crore 'Green Steel Mission' aimed at decarbonizing the Indian steel industry, with incentives for re...
Steel ministry draws up Rs 23.52 lk cr proposal for decarbonisationIndia's steel ministry has outlined a decarbonisation strategy requiring $283 billion to make existing steel production green. The plan aim...
India’s steel sector likely to see investment of Rs 30,000-crore by 2029: Ministry of Steel SecyIndia's steel sector is poised to receive an investment of nearly Rs 30,000 crore and boost its production capacity by 25 million tonnes wi...
Gujarat to have world's largest steel plant: Lakshmi Niwas MittalThe UK-based steel magnate also highlighted that Arcelor Mittal's investment is not only in steel but also in renewable energy and green hy...
Accumulate Steel Authority of India, target price Rs 95: Prabhudas LilladherSteel Authority of India (SAIL) Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 37856.26 Crore) oper...
Accumulate Steel Authority of India (SAIL), target price Rs 95: Prabhudas LilladherSteel Authority of India (SAIL) Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 36451.89 Crore) oper...
NMDC is this week's stock pick: 4 reasons analysts are bullishNMDC aims to expand its annual capex to Rs.3,000 crore from 2024-25 onwards to improve its mining and logistics capacity, and boost product...
Centre extends PLI scheme application deadline for specialty steelIn 2021, the centre had approved the PLI scheme for specialty steel to be implemented over 2023-24 and 2029-30 with Budgetary provisions of...
Cabinet nod to Rs 6,322 crore PLI scheme for specialty steelThe scheme will cover coated/plated steel products, high strength/wear resistant steel, specialty rails, alloy steel goods, steel wires and...
- Ramsarup expects Durgapur LRPC project to start soon
Ramsarup Industries Ltd expects production of low relation precast wires at its greenfield project at Durgapur to commence soon.