BMW Industries to Establish Downstream Steel Complex Worth INR 803.47 Crore in Jharkhand
The greenfield project, having an annual production capacity of 300,000 tonnes of cold rolled full hard coil/sheet; 540,000 tonnes of galvanized coil/sheet, and 200,000 tonnes of color coated coils/sheets, will be set up at Bokaro in Jharkhand. Mar 19, 2025 BMW Industries Limited is planning to expand its business by establishing a manufacturing plant at […]
Welspun Corp Secures INR 2,400 Crore Order for Coated Pipes Supply in the US
The orders will largely be executed in the financial years 2026 and 2027, supplying coated pipes for natural gas pipeline projects in the US. Mar 17, 2025 Welspun Corp Limited has received new orders worth INR 2,400 crore to supply coated pipes for natural gas pipeline projects in the US. The orders will largely be […]
SAIL to Double Rourkela Steel Plant’s Capacity by Investing INR 30,000 Crore
The new expansion will increase the plant’s production capacity from 4.4 million TPA to 9.4 million TPA by 2030, along with several major infrastructure additions. Mar 16, 2025 Steel Authority of India Ltd (SAIL) has unveiled plans to invest INR 30,000 crore to expand its Rourkela Steel Plant (RSP) in Odisha, doubling its production capacity […]
Maharashtra Seamless Bags INR 298 Crore Order for Seamless Pipes Supply
This year, the company has dispatched 324,000 tonnes of seamless pipes in nine months and will dispatch around 435,000 tonnes of seamless pipes in the entire financial year, which gives a volume growth of around 7 to 8% on a year-on-year basis. Mar 16, 2025 Maharashtra Seamless Limited (MSL) has secured an order worth approximately […]
How Government is Taking Measures to Reduce Steel Import in India
The Government acts as a facilitator, creating a conducive policy environment for the development of steel sector and facilitate the reduction of steel imports to improve the competitiveness of domestic steel manufacturers and reduce dependency on steel imports in India Mar 11, 2025 Steel is a deregulated sector, and steel prices are determined by the […]
Shyam Metalics Invests INR 603 crore to Establish Cold Rolling Mill in West Bengal
The facility, spanning 55 acres, is currently undergoing development in two phases. Phase I has been operational since September 2024 and has a production capacity of 2,50,000 tonnes, while phase II will add another 1,50,000 tonnes, taking the total production capacity to 4,00,000 tonnes. Mar 12, 2025 Shyam Metalics is investing INR 603 crore to […]
Pacific Steel Group Builds Green Steel Mill in California Worth USD 600 Million
Mojave Micro Mill is California’s first zero process carbon emissions rebar mill. It is scheduled for commissioning in the first quarter of 2027. Mar 12, 2025 US-based Pacific Steel Group (PSG) has celebrated a historic milestone with the groundbreaking of the Mojave Micro Mill, the first steel mill to be built in California in the […]
European Commission Launches Countermeasures on US Imports into EU
The EU countermeasures are likely to impact US goods exports worth up to EUR 26 billion, matching the economic scope of the US tariffs. Mar 12, 2025 In response to the imposition of new US tariffs on EU steel and aluminium imports, the European Commission has launched swift and proportionate countermeasures on US imports into […]
US Imposes 25 Percent Tariff on Steel and Aluminum Imports
The new tariffs came into effect today. Mar 12, 2025 In order to boost the domestic manufacturing sector as well as help the struggling industries in the country, US President Donald Trump on Wednesday imposed a flat 25 percent tariff on all steel and aluminum imports into the country. The proclamations, signed by the US […]
India’s Steel Capacity to Reach 210 Million Tonnes by 2030
India’s steel demand reaches over 13 million tonnes in Jan 2025, expected to reach a production capacity of 210-220 million tonnes in 2030. The domestic steel consumption is projected to increase between 190 million and 210 million tonnes by 2030. Mar 11, 2025 India continues to stand out as the only country among the top […]
