Jai Raj Ispat Plans to Unveil a Manufacturing Facility in Kurnool
Jai Raj Ispat Limited plans to open a manufacturing facility in Kurnool. May 15, 2025 Jai Raj Ispat Limited, India’s steel and metal product manufacturers, plans to open a state-of-the-art manufacturing facility in Kurnool. The senior management team of Jairaj Ispat Limited has met with Chief Minister of Andhra Pradesh, Shri N. Chandrababu Naidu discussing […]
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, […]
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 […]
Chhattisgarh Steel Sector Attracts INR 1 lakh Crore Investment Proposals
Chhattisgarh currently produces 46 million tonnes of iron annually and aims to reach 65 million tonnes within the next five years. Apr 24, 2025 Chhattisgarh’s steel industry has received investor proposals of INR 1 lakh crore, according to State Minister for Commerce, Industry, and Labour, Lakhan Lal Devangan. He credited this surge to the successful […]
SMS group’s Initiative to Enhance Maintenance and Reliability in Steel Manufacturing
SMS group’s experts, Mr. Jia-Uei Chan, Mr. Minh Quoc Truong, Mr. Suchin Samatiwat, and Mr. Riyadi Dede, delivered insightful presentations on ‘Lifecycle Performance Service Solutions,’ demonstrating their commitment to advancing the steel industry’s efficiency and sustainability. Apr 16, 2025 SMS group participated in the 2025 SEAISI Travelling Technical Seminar, themed ‘Sustainable Smart Manufacturing and Process […]
Jindal (India) Plans to Invest INR 15,000 Crore to Expand Its Steel Capacity in Odisha
The promoters of the company have proposed a significant investment of INR 15,000 crore in Odisha with the goal to expand its steel production capabilities in the state. Apr 14, 2025 Jindal (India) Limited, a flagship company of B.C. Jindal Group has proposed a significant investment of INR 15,000 crore in Odisha, aiming to expand […]
European Commission Reveals ‘Action Plan’ to Decarbonize Steel & Metal Industries
The plan will ensure an affordable and secure energy supply for the sector, prevent carbon leakage, expand and protect European industrial capacities, promote circularity, protect quality industrial jobs, and ensure de-risking of decarbonisation. Mar 20, 2025 In order to maintain and expand European industrial capacities in the steel & metal sectors, as well as strengthen […]
DGTR Recommends Provisional Safeguard Duty of 12 Percent On Import of Flat Steel Products
DGTR has recommended safeguard duty on several non-alloy and alloy steel flat products, including hot rolled coils, sheets and plates; HR plate mill plates; cold rolled coils and sheets; metallic coated steel coils and sheets, both profiled or not; colour coated coils and sheets, whether profiled or not; and galvanneal steel coated with Zinc or […]
World’s Largest Single-Strand Mini Mill to Commence Steel Production by 2026
The facility will manufacture wire rod as an import substitute, helping Bangladesh to save around USD 250 million. It will also reduce the production cost per tonne of steel through the use of environment-friendly technology. Mar 17, 2025 Bashundhara Multi Steel Industries (BMSIL) has announced that the world’s largest single-strand mini mill, being established at […]
JTL Industries Incorporates JTL Engineering; Acquires Nabha Steels & Metals
JTL Industries Limited has incorporated JTL Engineering Limited, earlier known as Nabha Steels & Metals, as its subsidiary. Mar 12, 2025 JTL Industries Limited has incorporated JTL Engineering Limited as its subsidiary. The company was formerly known as Nabha Steels & Metals. This transition aligns with JTL’s long-term strategy to strengthen its market position in […]
