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Roads & Highways Builders book RAHSTA Expo
India’s Largest Road Construction Expo has attracted exhibitors from all over India and has been sold out in Mumbai for Oct 9-10 at Jio World Convention CentreRead more
Indian steel firms slash prices amid rising imports to protect market share
The recent capacity expansions by major players like JSW Steel, Tata Steel, and Jindal Steel and Power Ltd (JSPL) have come online amid a slowdown in demand, leading to an oversupply in the market.Read more
Tata Steel commissions India’s largest blast furnace at Kalinganagar
With a total investment of Rs 270 billion, the Phase II expansion at Kalinganagar will take the total capacity at the site from 3 million tonnes per annum (MTPA) to 8 MTPA.Read more
Tata Steel announces Season 8 winners of 'Women Of Mettle' scholarship programme
Swashreeta Senapati from NIT Rourkela was declared the winner; Muskan Kumari from NIT Jamshedpur bagged the first runner-up position, and Megha Mitra from ISM Dhanbad secured the second runner-up spot.Read more
GOI approves Konoike Transport as buyer of Ferro Scrap Nigam for Rs 320 billion
FSNL, founded in 1979, specialises in recovering and processing scrap from slag in steel plants.Read more
Jindal India to invest over Rs 15 billion to expand steel business
Production from the newly added capacity, focusing on coated flat products, pipes, and crash barriers, is scheduled to commence in FY25, with full completion expected by FY26. Read more
Carborundum Universal acquires full stake in US-based Silicon Carbide Products
The transaction is expected to close by the end of October 2024. Read more
China's steel exports a concern for India; Tata Steel TV Narendran
China, which produced 54% of the world’s crude steel in 2023, has been increasing its steel exports amid a slowdown in domestic demand, particularly due to challenges in its real estate sector.Read more
Shyam Metalics shares rise 3% post expansion announcement in steel and aluminium
Shyam Metalics operates a unique business model in the metals industry, sourcing around 80% of its power from captive plants.Read more
Government to launch Green Steel Mission with policy and incentives
This initiative comes as global pressure mounts on countries to reduce their carbon footprint in manufacturing. Read more