Nippon Steel, Sumitomo Renew 10-year OCTG Supply Agreement Deal With Shell Global Solutions
Nippon Steel has signed a 10-year agreement with Sumitomo Corporation and Shell Global Solutions International for the supply of oil country tubular goods (OCTG). Nov 13, 2025 Nippon Steel has signed a 10-year agreement with Sumitomo Corporation and Shell Global Solutions International for the supply of oil country tubular goods (OCTG). The partnership between the […]
Outokumpu Secures EUR 800 Million Sustainability-linked Credit Facility
Outokumpu, a stainless steel manufacturer based in Finland, has signed a new EUR 800 million unsecured revolving credit facility, replacing its existing EUR 700 million facility. Nov 13, 2025 Outokumpu has signed an unsecured EUR 800 million revolving credit facility replacing its existing and currently unused unsecured revolving credit facility of EUR 700 million. The […]
JSW Likely to Sell 50% Stake in Bhushan Power to JFE
JSW Steel may sell up 50 percent of its ownership in Bhushan Power & Steel Ltd (BPSL) to Japan’s JFE Steel, as per the media reports Nov 12, 2025 JSW Steel may sell up to half of its ownership in Bhushan Power & Steel Ltd (BPSL) to Japan’s JFE Steel, as per the media reports. […]
Hi-Tech Pipes Lays Foundation for INR 100 Crore Greenfield Facility at Hindupur, Andhra Pradesh
Hi-Tech Pipes has kicked off a INR 100 crore greenfield manufacturing project at Hindupur, aimed at boosting value-added coated steel capacity. Nov 14, 2025 Hi‑Tech Pipes Limited has formally laid the foundation stone for a new greenfield manufacturing facility in Hindupur, Andhra Pradesh. The project, funded through internal accruals, carries an investment of about INR […]
Ratnamani Metals & Tubes to Establish HSAW Spiral Pipe & CSAW Pipe Plants in Kutch, Gujarat
Ratnamani Metals & Tubes Limited is coming up with two brownfield expansion plans in Kutch, Gujarat- a new carbon steel HSAW spiral pipe facility for producing pipes up to 18 metres in length and diameters ranging from 18 to 143 inches and a CSAW plant for manufacturing high-thickness CSAW pipes with diameter up to 150 […]
Bokaro Steel Plant Produces Electrical-Grade & Manganese-Boron Steel Varieties
The company has produced approximately 1,100 tonnes of 0.5 mm-thick LS grade electrical steel, exhibiting stable magnetic properties, thereby improving energy efficiency and reducing power loss. BSL has simultaneously developed 28MnB5 grade manganese-boron steel primarily used in agricultural machinery and wear-resistant components as it has high strength, rigidness, and top-notch wear resistance. Nov 10, 2025 […]
From Oil Fields to Metro Lines: How Indian Tube & Pipe Makers Are Riding the Growth Wave
Fueled by government infrastructure initiatives, oil and gas exploration, water projects, and increasing global demand, the Indian tube and pipe industry is entering a significant growth period, with stainless steel, carbon steel, and plastic pipes. The concealed network of tubes and pipes supports all modern economies. Oil pipelines stretching across deserts and water supply systems […]
Jindal Industries Hissar Coming Up with New 1.5 Million TPA Facility at Hansi
Growth in Indian Tube and Pipe Industry- The Way ForwardThe growth of the tube industry slowed down in the first half of 2025-26, largely due to record-breaking rains across the country that disrupted operations and demand. In addition, government spending on infrastructure projects, including the Jal Jeevan Mission, has reduced significantly—and in some cases come […]
APL Apollo’s Industry-First Innovations Setting Benchmark in Structural Steel Solutions
Growth in Indian Tube and Pipe Industry- The Way ForwardThe Indian tube and pipe industry is experiencing robust growth, fueled by large-scale infrastructure development, rapid urbanization, and the government’s continued focus on ‘Make in India’ and housing for all. Additionally, the shift toward modern construction practices and the demand for sustainable, lightweight, and cost-effective solutions […]
Carol Petroleum: Innovating Synthetic and Semi-Synthetic Lubricants, Eco-Friendly Greases, High-Performance Fluids
Growth in Indian Tube and Pipe Industry – The Way ForwardThe Indian tube and pipe industry is witnessing robust growth driven by infrastructure development, urbanization, and expansion in oil & gas, power, and automotive sectors. Demand is being fueled by government initiatives such as ‘Make in India’ and investments in manufacturing and construction. We believe […]
