Lloyds Metals and Energy Commissions 85km Slurry Pipeline, Eyes Major Expansion in Konsari
Lloyds Metals and Energy Limited has commissioned an 85-kilometre slurry pipeline at its Surjagarh mine with the expectation to stretch over 195 kilometres in its second phase. May 16, 2025 Lloyds Metals and Energy Limited has taken a significant step forward in streamlining its iron ore logistics by commissioning an 85-kilometre slurry pipeline at its […]
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 […]
Odisha Invests INR 3,898.54 Crore Boosting the Steel and Other Sectors
Odisha’s single window clearance authority (SLSWCA) has approved 19 investment projects worth around INR 3,898.54 crore including the steel and steel products segment. May 03, 2025 Odisha’s single window clearance authority (SLSWCA) headed by chief secretary Manoj Ahuja has approved 19 investment projects worth around INR 3,898.54 crore consisting of a diverse range of high-impact […]
Odisha Targets to Triple Steel Production by 2030
Odisha CM Mohan Charan Majhi has announced plans to increase its steel production capacity by more than 3 times to reach 130 million tonnes from 40 million tonnes by 2030. Apr 26, 2025 Odisha CM Mohan Charan Majhi has announced that the state has targeted to increase its steel production capacity by more than 3 […]
India Proposes Retaliatory Duties on EU Steel Imports
India proposes to impose retaliatory duties on certain steel imports from the EU after both sides failed to reach a consensus. Mar 29, 2025 India’s steel exports suffered an annual loss of USD 1.472 billion in 2023-24 due to the EU’s policies. The duty collection from steel has reached USD 368 million at a 25% tariff. […]
Odisha Secures Multi-Billion Investments in Steel and Aluminum
Odisha’s Chief Minister Mohan Majhi has approved several investment proposals aimed at significantly strengthening the state’s steel and aluminum industries. Mar 28, 2025 Odisha’s Chief Minister Mohan Majhi, chairing the High-Level Clearance Authority (HLCA), has approved several investment proposals aimed at significantly strengthening the state’s steel and aluminum industries. One of the most substantial investments […]
PLI Steel 1.1 Secures INR 17,000 Crore Investment Commitment from 25 Companies
PLI 1.1 sees INR 17,000 crore investment commitment in second round with 42 MoUs signed, strengthening India’s Self-Reliance in Steel. Mar 24, 2025 PLI scheme for speciality steel, termed PLI Scheme 1.1, has drawn an investment of approximately INR 17,000 crore from 25 companies. The 2nd phase of the scheme was launched in January 2025, […]
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 […]
SSAB’s Fossil-Free Steel to be Used in Fassi’s Cranes
By using SSAB’s Fossil-freeTM steel and SSAB ZeroTM, Fassi will be able to bring to market a new generation of cranes with radically reduced CO2 footprint. Feb 27, 2025 SSAB, a global steel company specializing in high-strength steel, has reached an agreement with Italian crane manufacturer Fassi for future deliveries of steel produced with virtually […]
JSW Group Invests INR 3 Lakh Crore in Maharashtra
JSW Group to invest INR 3 lakh crore in Maharashtra across various sectors like steel, renewable energy, electric vehicles, and cement. Jan 22, 2025 JSW Group has committed to investing INR 3 lakh crore in Maharashtra across various sectors like steel, renewable energy, electric vehicles, and cement. This investment has been announced at the World […]
