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STEELMAKING FACILITY
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...
Tata Steel shares dip over 2% as UK project may face 6-8 month delay amid electricity access issuesTata Steel's ambitious low-carbon steel project in the UK is facing a significant delay. The commissioning of the new electric arc furnace ...
Stocks in news: Adani Enterprises, Adani Energy, Hindustan Zinc, Maruti Suzuki, IDFC First BankVolatile trade likely as weak global cues keep sentiment cautious; analysts favour a sell-on-rise strategy until Nifty reclaims 23,700. Sto...
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...
Mesabi Metallics secures $150 million from Macquarie for Minnesota iron ore projectMesabi Metallics, a proud member of the Essar Group, has successfully garnered USD 150 million in funding from Macquarie Group. This invest...
Tata Steel signs MoU with University of Science and Technology BeijingTata Steel is teaming up with the University of Science and Technology Beijing in an ambitious partnership aimed at revolutionizing steel p...
Steel Minister announces capacity expansion plan for SAIL's Rourkela plantUnion Steel Minister HD Kumaraswamy announced a significant 9.8 million tonne capacity expansion plan for SAIL's Rourkela Steel Plant, aimi...
Jindal Steel commissions 3 MTPA oxygen furnace at Angul facility, aims to achieve 12 MTPA capacity in FY26Jindal Steel has announced that the company has commissioned a new 250 MT Basic Oxygen Furnace and Blast Furnace 2 at its Angul plant. This...
ArcelorMittal makes deeper cuts to steel production in EuropeThe company said it would reduce primary steel production at its facilities in Dunkirk, France and Eisenhuettenstadt, Germany.
ArcelorMittal says reached pact with Liberty House for sale of Dudelange, Liege assetsThe company Thursday said it will be successful in integrating and delivering rapid improvement at Ilva, Europe's single largest integrated...
JSPL's 4 steelmaking facilities at Angul plant to be inaugurated tomorrowThe company's plant at Angul is the largest steel manufacturing plant in Odisha, spread across 3,500 acres having 810 MW capacity power pla...
Bhushan Steel may get bids up to twice the liquidation valueAs the likes of Tata Steel, JSW, Vedanta and Arcelor Mittal queue up with bids, there is speculation that the Saturday deadline may be exte...
JSW Steel's bid for Italy's Lucchini assets rejectedLucchini found Cevital's offer more attractive because it foresaw full employment at Piombino, which employs about 2000 people.
JSW Steel close to acquiring Italy's Lucchini for sub $100 millionThe deal would not involve taking on any debt from the bankrupt company and would not require fund-raising, Sajjan Jindal said.
- Tata, SAIL differ on need for steel-making equipment facility
Tata Steel has differed with state-run SAIL on the need for setting up an equipment manufacturing facility in the country.
- Imperative to set up steel-making machinery facility: SAIL
India in 2011 had produced around 72 million tonnes steel against the installed capacity of 80 million tonnes per annum (mtpa).
- SAIL eyes iron, coal resources in Mongolia
Steel Authority of India Ltd (SAIL) is considering replicating its successful public-private approach in Afghanistan and Mongolia.
- Essar Steel ramps up Hazira steel unit capacity to 10 mtpa
Essar Steel has more than doubled the capacity of its Hazira steel plant from 4.6 million tonnes per annum to 10 mtpa.
- JSW Steel seeks Rs 650-cr loan for chile iron ore expansion project
JSW Steel plans to raise around Rs 650-crore debt from international market to fund expansion programme at Chile iron ore project