Jindal Stainless Launches Project Pragati — India’s First Supply Chain Digitalisation Initiative
Jindal Stainless has started India’s first supply chain digitalisation initiative in the steel industry with Project Pragati. With Pragati’s implementation, customer lead times are expected to reduce by 10–15%, which will significantly improve delivery performance. May 15, 2025 Jindal Stainless has announced the launch of Project Pragati—a pioneering digital transformation initiative aimed at automating the production […]
Tata Steel Announces INR 15,000 Crore Capex for FY26 Across India, UK, Netherlands
Tata Steel has earmarked INR 11,000 crore for Indian operations, INR 2,100 crore for the Netherlands, and INR 1,900 crore for the UK. May 16, 2025 Tata Steel has announced INR 15,000 crore capital expenditure for the current financial year, targeting its operations in India, the UK, and the Netherlands. According to Mr. TV Narendran, […]
SAIL’s IISCO Steel Plant Gets Paul Wurth 6.25m Stamp Charging Oven From SMS group
The Paul Wurth 6.25m stamp charging oven, a globally recognized technology since its debut in 2010, sets a new standard in the Indian public sector. The plant will achieve low NOx emissions coke oven batteries and reduced fuel consumption through advanced combustion systems. May 8, 2025 IISCO Steel Plant (SAIL) in Burnpur has awarded SMS […]
Venus Pipes and Tubes Bags INR 190 Crore Order for Stainless Steel Boiler Tubes
Venus Pipes & Tubes has secured an INR 190 crore order from one of India’s leading integrated power plant equipment manufacturers for stainless steel seamless boiler tubes. May 8, 2025 Venus Pipes and Tubes Limited has received a letter of intent (LOI) from one of India’s leading integrated power plant equipment manufacturers for stainless steel […]
Sri Lanka Plans to Collaborate with India, UAE for Multi-Product Pipeline
Sri Lanka plans to develop an energy hub with India and the United Arab Emirates that involves the construction of a multi-product pipeline as well as bunkering facilities and potentially a refinery. Apr 25, 2025 Sri Lanka plans to develop an energy hub with India and the United Arab Emirates as the nation wants to […]
APL Apollo Tubes to Invest INR 1500 Crore to Increase its Capacity to 6.8 Million Tonnes
APL Apollo Tubes Limited has planned to invest around INR 1500 crore over a period of next 3 years to increase the overall capacity from 4.5 million tonnes to 6.8 million tonnes. May 07, 2025 APL Apollo Tubes Limited has approved a capital expenditure plan (including maintenance capex) estimated to be around INR 1500 crore […]
Welspun Corp Secures New Export Order Worth INR 1,950 Crore
Welspun Corp’s total consolidated global order book has now reached INR 19,300 crore, reflecting robust demand for its pipeline solutions across international markets. May 7, 2025 Welspun Corp Limited has received a major export order for coated LSAW line pipes and bends from its facility based in India. The company said in an exchange filing […]
India Offers Zero-For-Zero Tariffs to US on Steel & Auto Parts
India is offering a zero-for-zero tariff arrangement to the US on steel, automotive components and pharmaceuticals, based on mutual concessions and capped import volumes. May 6, 2025 In an attempt to advance its ongoing trade discussions with the United States, India has submitted a proposal to implement zero-for-zero tariff arrangements on a limited set of […]
BMW Industries Secures INR 1,764 Crore Order from Tata Steel
BMW Industries has received an order from Tata Steel, valued at approximately INR 1,764 crore, for the processing and conversion of coils at its Jamshedpur facility. May 05, 2025 BMW Industries Limited has received an order from Tata Steel Limited for the processing and conversion of coils at its Jamshedpur facility. Valued at approximately INR […]
SSAB Secures EUR 2.3 Billion Green Financing to Build Fossil-Free Mini-Mill in Sweden
The state-of-the-art fossil-free mini-mill in Luleå, Sweden, will have a capacity of 2.5 million TPA with two electric arc furnaces, advanced ladle metallurgy and an integrated rolling mill. May 5, 2025 SSAB has secured EUR 2.3 billion of green financing for the transformation project to build a state-of-the-art fossil-free mini-mill in Luleå, Sweden. The transformation […]
