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STEELMAKING RAW MATERIAL
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,...
- 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...
- 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...
- 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 ...
- India seeks steelmaking raw material from Argentina, Indonesia, Oman, sources sayIndia is set to hold talks with Argentina, Indonesia, and Oman next month to secure vital steelmaking raw materials like coking coal and ir...
- India could extend import curbs on steelmaking raw material, sources sayIndia considers extending restrictions on low-ash metallurgical coke imports to promote local sourcing by steel mills. Government officials...
- Debate emerges over iron ore export ban amidst clashes between steelmakersSteelmakers without captive mines seek a ban on iron ore exports to safeguard their industry, while iron ore producers oppose this move. Pr...
- India's steel ministry seeks import tax waiver for coking coal- SourcesThe proposal to scrap levies ranging from 2.5% to 7.5% in the world's second biggest producer of crude steel comes ahead of the national bu...
- 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 slashes iron ore prices by 5-10% for FebruaryThe country's largest producer of steelmaking raw material, NMDC rolled over the December price in January at Rs 4,200 per tonne for lumps.
- Tata Steel expects more shipments of imported iron oreThe steelmaker had imported a first shipload of 45,000 metric tonnes of the steelmaking raw material but had said it was for testing purpos...
- Beni Prasad Verma asks NMDC to set up refractory unit at AmethiThe suggestion came a day after he directed NMDC to rope in public sector steelmaker RINL to partner its first steel plant.
- RINL dubs subsidiaries OMDC, BSLC as risk factorsRINL has dubbed its subsidiaries Orissa Mineral Development Corp and Bisra Stone Lime Corp as "risk factors".
- SAIL to bring together local companies for acquiring mines abroadThe concept will form a combined Indian strength to match up to competition from Chinese mills, who have already structured similar consort...
- ArcelorMittal agrees to buy Canadian Metal RecyclerArcelorMittal, the world's largest steelmaker, agreed to buy Canadian scrap-metal recycler Bakermet, to boost its supply of raw materials.
- Govt to talk to ore exporters for raw material securityThe government on Wednesday decided to begin dialogue with iron ore exporters to sensitise them on problems being faced by steel utilities.
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