Maharashtra Unveils INR 1 Lakh Crore Plan to Develop Gadchiroli as Steel Hub
Maharashtra Industries Minister has announced an INR 1 lakh crore plan aimed at transforming Gadchiroli into a major hub for steel production. The initiative is part of a wider effort to build a strong industrial ecosystem in eastern Maharashtra, aiming to boost the steel sector in the state. July 07, 2025 Maharashtra Industries Minister Uday […]
India’s Stainless Steel Consumption Rises 8% to 4.85 Million Tonnes in FY25
India’s stainless steel consumption increased by 8% year-on-year in FY 2024-25, reaching 4.85 million tonnes, according to ISSDA data. July 1, 2025 India’s stainless steel consumption grew to 4.85 million tonnes in FY 2024-25, reflecting an 8% year-on-year growth, according to the Indian Stainless Steel Development Association (ISSDA). Expressing confidence in growth of the Indian […]
Rajputana Stainless Refiles DRHP: Focus on Debt Cut and Pipe Plant
Gujarat-based Rajputana Stainless has refiled its DRHP with SEBI in June 2025, reducing the fresh issue to INR 98 crore repayment and allocating INR 18.3 crore for a seamless‑pipes plant expansion. Jun 23, 2025 Gujarat-based long and flat stainless steel products manufacturer, Rajputana Stainless, has refiled its Draft Red Herring Prospectus (DRHP) with SEBI in June 2025, […]
Centre Revises ‘DMI&SP’ Policy to Strengthen its Domestic Steel Manufacturing
The Indian government has revised its Domestically Manufactured Iron & Steel Policy 2025 by introducing a stringent ‘melt and pour’ norm, impacting steel procurement for public sector and government infrastructure projects. Jun 03, 2025 The Central government has introduced a significant revision to the Domestically Manufactured Iron & Steel Products (DMI&SP) Policy 2025, impacting steel […]
VSSL Partners Aichi Steel Corporation for 5,00,000 MTPA Green Steel Plant Worth INR 2000 Crore
Vardhman Special Steels Limited (VSSL) signed a formal agreement with Aichi Steel Corporation to increase its equity stake in VSSL from 11.33 percent to 24.90 percent. Backed by technical support from Aichi Steel, VSSL plans to develop a 5,00,000 TPA green steel manufacturing facility in Punjab, with an estimated capex of INR 2000 crore. Jun […]
SMS group Acquires Parts of Metso’s Metals Business, Expanding Its Portfolio of Decarbonization Solutions
SMS group has signed an agreement with Metso Corporation to acquire their sustainable metals production portfolio to drive the decarbonization of the steel industry. May 30, 2025 SMS group has signed an agreement with Metso Corporation to acquire parts of their portfolio for sustainable metals production. Metso is a technology and services provider in the […]
AP Offers INR 28,000 Crore Incentive Package for AM/NS India’s New Steel Plant
AM/NS will receive a full waiver on stamp duty and registration charges for land acquisition, along with a 15-year reimbursement of net State GST and sales tax. Additionally, the company will be exempt from paying electricity duty for the same period. May 28, 2025 ArcelorMittal Nippon Steel (AM/NS) India is poised to benefit from a […]
Bharat Metal Expo 2025: A Grand Debut Of India’s Premier Steel Industry Expo
Joins Forces with Cable & Wire Fair and Tube & Pipe Fair at Pragati Maidan, New Delhi FOR IMMEDIATE RELEASENew Delhi, India, April 11: The Bharat Metal Expo 2025 (BME25) is set to debut from November 4–6, 2025, at Pragati Maidan, New Delhi. This expo, alongside the Cable & Wire Fair (CWF) and Tube & […]
India’s Steel Capacity Surges to 205 Million Tonnes: Production in 2025 to Ride on the Twin Priorities of Growth and Greening
India’s steel sector stands at a decisive moment, balancing the pressure of global competition with the momentum of domestic demand and policy support. As producers expand capacity and shift toward green technologies, the sector is positioned to redefine India’s industrial trajectory. In 2025, India’s steel industry stands at a defining inflection point. Prime Minister Narendra […]
ESL Steel Gearing Up for Green Steel Production, Focussing on ESG-Centric Manufacturing
ESL Steel Limited, a subsidiary of Vedanta Limited envisions becoming a benchmark in the Indian steel industry for responsible, ESG-centric manufacturing and technological leadership. While making significant strides in community development through its impactful social initiatives, the company is preparing to venture into production of Green Steel. In an interaction with Tube & Pipe India, […]
