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STEELMAKING CAPACITY INCREASE
Tata Steel aims to spend Rs 20,000 cr in FY27 on expansion, adoption of technologiesTata Steel plans a capital expenditure of Rs 20,000 crore this fiscal year, with 60% earmarked for its Indian operations. This investment w...
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,...
India Inc. is profitable. So why isn’t it investing?Indian companies are making record profits, but they are not investing in new factories or infrastructure. This is creating fewer jobs and ...
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...
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...
New steel policy in works as India shifts focus to premium and green steelIndia is developing an innovative steel policy aimed at redefining the industry landscape by 2035 and 2047. This initiative will establish ...
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...
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 ...
Green steel to be long-term aspiration rather than imminent shift for India, says ICRAIndia's steel industry faces high carbon emissions for years. New capacity will rely on coal-based methods. While green energy use will cut...
Tata Steel commissions steel recycling plant in Haryana“Steel Scrap is a valuable resource and an important future Raw Material for steel making. Recycling scrap ensures the closure of the Circu...
Moody's upbeat on steel sector,says Tata Steel to benefit mostThe agency said the earnings of Tata Steel will increase significantly due to newly-added capacity, and the same will remain steady for JSW...
Operating conditions in India remain most supportive in Asia: Moody'sThe report said earnings of Tata Steel will increase significantly due to newly added capacity, while JSW Steel's earnings will remain stea...
Yuan fall to compound steelmakers' woes manifold: CareChinese woes of Indian steelmakers will increase following the surprise devaluation of the yuan, as it will significantly curtail the domes...
Moody's outlook on Asian steel industry turns negative"Steel demand from Southeast Asia and India will likely increase but will be insufficient to offset the decline in China," Moody's report s...
SAIL, JSW and Tata Steel to have better year ahead: Moody's"Demand for steel will likely increase a modest 3%, outpacing net production capacity additions and driving increased utilisation rates."
- Global steelmakers including Arcelor-Mittal, Posco decry rise in protectionism
There is growing protectionism among governments everywhere to protect local steelmakers. But under the throes of a slowdown, global steelm...
- POSCO to build auto steel sheet plant in southern China
The plant in Guangdong province is to be completed by the end of 2012 with an annual production capacity of 450,000 tons of zinc-coated ste...