22 Nov, 2025

Chemtech Industrial Valves Targets Rs 250 Crore Revenue by FY2030, Leveraging Steel Sector Growth

Chemtech Industrial Valves Ltd, a specialist in industrial valve solutions, aims to achieve Rs 250 crore in revenue by FY2030. The company plans to leverage the growing steel sector and diversify into other industries. Chemtech projects a CAGR of 44% in revenue, 43% in EBITDA, and 41% in PAT from FY22 to FY25. The company's strategy aligns with India's National Steel Mission, which aims to increase steel production capacity to 300 MTPA by 2031. Chemtech is expanding into cement, chemicals, infrastructure, and power sectors while focusing on innovation, including patented Line Blinds. Operating from a 130,000 sq. ft. facility near Mumbai, the company expects to improve its financial position, with net worth projected to rise from Rs 9 crore in FY22 to Rs 96 crore in FY25.

Chemtech Industrial Valves Ltd , a specialist in mission-critical industrial valve solutions, has set an ambitious target of achieving Rs 250 crore in revenue by fiscal year 2030. The company plans to capitalize on the expanding steel sector and diversify into other industries to drive this growth.

Originally published on scanx.trade

View original article

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23 Jun, 2025

EU’s Iron Grip: Quota shift smelts India’s $4.25B Steel export surge, country put in a pooled group

India is not of the on list of preferred supply nations of the EU – with the latter prioritising select counties like UK, Ukraine, Korea, etc, as per the WTO notification accessed by businessline.

23 Jun, 2025

Key Players and Production Trends in the Steel Industry

China Baowu Group maintained its position as the largest steelmaker in 2024, with ArcelorMittal and Nippon Steel also securing top global rankings. The report highlights production trends and rankings of steel companies across Asia, Europe, Africa, and the Americas, noting increases and decreases in output for various firms. Key players like Tata Steel, JSW Steel, and companies in Germany and Turkey saw production increases, while some firms in South Korea and the United States experienced declines.

24 Jun, 2025

MIT engineers use 3D-printed steel to repair corroded bridge

A cost-effective solution to traditional repairs

24 Jun, 2025

NMDC Steel further betters its performance

The C Shift recorded 3,759 tonnes of hot metal, surpassing the previous shift record of 3,729 tonnes set on April 14

25 Jun, 2025

Global steel production fell by 3.8% y/y in May

Steel production in 70 producing countries amounted to 158.8 million tons in the month

25 Jun, 2025

From Tata Steel, JSW Steel to Adani Total Gas – Here are 8 stocks to watch today

26 Jun, 2025

Hazira Port inaugurates world’s first steel slag road in harbour facility

Hazira Port in Gujarat has pioneered a groundbreaking infrastructure milestone with the inauguration of the world’s first steel slag road within a port facility, unveiled by Adani Ports and Special Economic Zone Ltd (APSEZ). Spanning 1.1 km between the Multi‑Purpose Berth and the coal yard, this strategic endeavour reflects the company’s commitment to sustainable, circular‑economy development and its alignment with India’s zero‑carbon urban growth ambitions.

09 Jul, 2025

Islamabad, Moscow sign protocol to restore and modernize Pakistan Steel Mills

The Pakistan Steel Mills has been non-operational since 2015 due to years of financial mismanagement, political interference and mounting losses Both sides discussed plans to modernize the major steel complex on the sidelines of the recent INNOPROM Annual Industrial Forum in Yekaterinburg

12 Jul, 2025

US Steel names Kevin Lewis as CFO

26 Jun, 2025

Steel imports trend upward in May

Government statistics show nearly 20 percent more steel flowed into the United States this May compared with April; USW calls for “focus on addressing nonmarket economic competition.”

27 Jun, 2025

British Steel Secures Major Railway Deal

British Steel has secured a five-year contract worth £500 million to supply 70,000 to 80,000 metric tons of rail annually to Network Rail. The company recently invested £10 million to open a new rail stocking facility at its Scunthorpe plant. The UK Government announced a delay to the HS2 high-speed rail project due to missed deadlines and escalating costs, with an updated cost projection now at £106 billion.

27 Jun, 2025

Revitalisation of steel sector shaping rise of new India, says Union Minister H.D. Kumaraswamy

01 Jul, 2025

India Urges US Steel Tariff Exemption

Indian engineering exporters seek US tariff exemption on steel, citing threat to exports and jobs. High duties impact crucial sectors like automotive and construction.

28 Jun, 2025

Canada’s steel producers tell government its tariff protection measures aren’t enough

28 Jun, 2025

Jindal Steel commissions first galvanising line at Angul; value added product ramp-up underway

New line to produce galvanised and galvalume products under the Jindal Panther Galvanised and Zinkalume brands

30 Jun, 2025

Saudi Arabia imposes final anti-dumping duties on imports of steel pipes from China and Taiwan

The decision to impose the final anti-dumping duties comes in accordance with the Law of Trade Remedies in International Trade, which aims to protect the local industry from unfair trade practices

30 Jun, 2025

Jindal Steel commissions first continuous galvanising line in Odisha

The new line will produce galvanised and galvalume products, catering to various industries, including appliances, automotive, infrastructure, and construction

01 Jul, 2025

Anti-circumvention probe concluded: NTC acts to protect domestic steel industry

KARACHI: In a key development for Pakistan’s trade enforcement, the National Tariff Commission (NTC) has concluded the country’s first anti-circumvention investigation, extending anti-dumping duties to imports of a slightly modified product that was circumventing duties previously imposed on galvanized steel products.

02 Jul, 2025

China extends anti-dumping duties on stainless steel imports

China's Ministry of Commerce (MOFCOM) announced Monday it will extend anti-dumping duties on specific stainless steel imports from the European Union, United Kingdom, South Korea, and Indonesia for an additional five years starting Tuesday, 1 July.

02 Jul, 2025

Govt issues clarification on Quality Control Order for steel products

03 Jul, 2025

China Wins Big as Sanctions Cripple Russia’s Steel Industry

China's steel industry is redirecting its exports to Russia, with a significant increase in value, due to weak domestic demand and Russia's need for specialized and construction-grade steel amidst declining domestic production. Sanctions imposed on Russia following its invasion of Ukraine have led to a substantial decrease in its steel production and a struggle to find new export markets, while simultaneously facing an influx of cheap Chinese steel. China is actively pursuing new export destinations for its steel, encountering resistance from some countries that are implementing tariffs, but Russia remains a key target due to its demand for inexpensive and specialized steel products.

03 Jul, 2025

Vedanta vs Tata Steel vs Hindalco vs Nalco vs NMDC: Which Metal Stock To Buy To Power Your Portfolio?

04 Jul, 2025

Stainless steel industry calls for safeguard measures to protect local players

04 Jul, 2025

UK steel firms on edge as talks to cut Trump tariffs near deadline

British industry could still be hit by levy on exports to US as No 10 confirms deal on reduction not completed

08 Jul, 2025

Tata Steel Gets Rs 1,903-Crore Demand For Mineral-Dispatch 'Shortfall'

Based on the revised assessment of the shortfall, the dispatch of minerals has fallen short for the fourth year in terms of Mine Development and Production Agreement.

05 Jul, 2025

Miti: Evidence of dumped steel imports from China, South Korea, Vietnam prompts provisional duties

The Ministry of Investment, Trade and Industry (Miti) said in a statement that this preliminary determination in the anti-dumping duty investigation was made under Section 23 of the Countervailing and Anti-Dumping Duties Act 1993.

05 Jul, 2025

Foundation stone for Arcelor Mittal-Nippon Steel plant likely to be laid in Anakapalli district in October

07 Jul, 2025

Adani Ports Unveils Steel Slag Road in Hazira, World's 1st In A Private Port

07 Jul, 2025

Jindal (India) gets HLCA nod for Rs 3,600 cr steel plant in Odisha

The company’s state-of-the-art facility will focus on manufacturing special coated steel products

08 Jul, 2025

India’s steel import juggernaut stalls; domestic prices now cheaper than Chinese shipments

Prices in the home market have eased to ₹50,000–50,700 per tonne, about 2-3% cheaper than Chinese steel

09 Jul, 2025

UK steel sector urges government to finalize US tariff deal

10 Jul, 2025

Maharashtra To Develop Steel Ecosystem Across Various Districts: Industry Minister

10 Jul, 2025

QCOs On Steel Imports Put-on Hold For 6 Months

11 Jul, 2025

Desan Shipyard Cuts First Steel of Multi-Purpose Mission Ship for Malaysian Coast Guard

On July 9, 2025, Türkiye’s Desan Shipyard held a steel-cutting ceremony in Istanbul for the Multi-Purpose Mission Ship being built for the Malaysian Coast Guard.

11 Jul, 2025

Steel quality rules deferred by a month

The mandatory adherence requirement of input steel for imports of steel products with bill of lading having shipped on board date on or before July 15 shall be exempted," the steel ministry said in a clarification. The move brings relief to micro, small and medium enterprises (MSMEs) that had been given little time to comply.

12 Jul, 2025

China’s path to low-carbon steel

15 Jul, 2025

Construction Starts on Tata Steel Electric Arc Furnace

15 Jul, 2025

Prime minister attends Steel Decarbonised Roundtable overseas

Australian prime minister Anthony Albanese has attended the Steel Decarbonised Roundtable in Shanghai.

16 Jul, 2025

Canada's Steel Import Duties Violate WTO Rules, Says China

19 Jul, 2025

Contractor found using subpar steel in Chilla elevated road: Noida authority

The discovery was made during a site inspection on Friday by Noida authority’s chief executive officer Lokesh M

26 Jul, 2025

Malaysia removes anti-dumping duties on Vietnamese steel

Malaysia removes anti-dumping tariffs on Vietnamese steel in a move that could strengthen automotive supply chains within the ASEAN bloc.

16 Jul, 2025

Safeguard duty boosts pricing power of Indian steel-makers

India's 12% safeguard duty on steel imports, imposed in April 2025, has successfully reduced inward shipments and strengthened domestic steelmakers' pricing power.

17 Jul, 2025

Vanya Steels to Build Rs 1 Billion Green Power Plant

Vanya Steels to Build Rs 1 Billion Green Power Plant.

17 Jul, 2025

Chinese steel companies find new tariff workaround: steel billet

Record steel exports from the world's largest producer have sparked a protectionist backlash globally with 38 anti-dumping investigations from various countries since January last year. Top trade partners Vietnam and South Korea have imposed tariffs, arguing domestic manufacturers are hurt by cheap Chinese steel

21 Jul, 2025

China's Steel Decarbonization: A New Era of EAF Expansion and Green Steel Opportunities

22 Jul, 2025

Cleveland-Cliffs CEO Calls on Canada to Adopt Steel Tariffs

22 Jul, 2025

China’s Steel Sector: Demand Challenges and Structural Reforms Progress

25 Jul, 2025

Turkish recipe for green steel

25 Jul, 2025

Tata Steel’s AI plans; Digitising India’s offline retail stores

Tata Steel is well-positioned to meet its lofty goals: it has a crude steel capacity of 35 million tonnes per annum with plants spread across India, the UK, the Netherlands, and Thailand. It has around 169 companies under its network.

28 Jul, 2025

Govt. offers special package of incentives to Kadapa steel plant

The JSW Steel Limited intends to begin construction of first phase of the plant in January 2026 and begin commercial production by April 2029

28 Jul, 2025

Steel Ministry Schedules Open House on Import Norms..

29 Jul, 2025

Joly highlights green steel potential during Algoma Steel tour

Federal Industry Minister Mélanie Joly visited the Sault on Monday for a firsthand look at Algoma Steel's latest upgrade

29 Jul, 2025

India’s green steel demand to soar to 179 mt by 2050: EY Parthenon

Automotive, infrastructure and construction sectors to power the surge in green steel demand

30 Jul, 2025

Chhattisgarh CM Offers Incentives to Steel Entrepreneurs

30 Jul, 2025

Steel, Sovereignty, Standards: Why Quality Control In Steel Is A National Imperative

31 Jul, 2025

India's Green Steel Demand Set To Surge 40-Fold By 2050: Report

The EY Parthenon report projects a dramatic rise in India's green steel demand — from negligible levels today to 4.49 million tonnes by FY2030, and further to 73.44 MT by FY2040.

31 Jul, 2025

Why Steel Dynamics (STLD) is Gaining Attention for Materials Dividends in 2025

Steel Dynamics, Inc. (NASDAQ:STLD) is included among the 13 Best Materials Dividend Stocks to Buy Right Now.

01 Aug, 2025

JSW Steel gets another shot at Bhushan Steel as SC agrees to hear case again

By recalling its earlier ruling that quashed the ₹19,350-crore BPSL acquisition, the Supreme Court has kept all legal questions open.

01 Aug, 2025

UK steel news welcome but urgent EU deal progress essential

Campaigners have welcomed the news that UK steel producers will regain tariff-free access to EU markets but urged the government to go further on progress with the EU.

02 Aug, 2025

Crash-prone railway bridge to get steel protection to cut train delays

02 Aug, 2025

Land for mega steel plant in Keonjhar to be acquired soon: Odisha CM

Odisha CM Mohan Charan Majhi announced imminent land acquisition for a mega steel plant in Keonjhar, marking a significant step towards the district's industrial development. The project construction work will begin shortly after key steps are completed. Industrialisation along with development works and infrastructure building were discussed today.

04 Aug, 2025

Tata Steel wants safeguard duty doubled, longer term to protect India’s steel ecosystem

ED & CFO Koushik Chatterjee says trade measures must ensure level playing field for domestic steelmakers amid global dumping threat

04 Aug, 2025

Welsh AI Firm Launches Platform to Cut Waste and Boost UK Steel Industry

A Cardiff firm has launched an AI-powered platform designed to help steel manufacturers to reduce waste, lower carbon emissions and improve production efficiency.

05 Aug, 2025

Vizag MP Sribharat meets Steel Minister Kumaraswamy on reinstatement of VSP contract workers

Mr. Sribharat pointed out that the contract workers who contributed significantly to the plant’s development and possess strong service records need to be reinstated

05 Aug, 2025

Steel, sovereignty, and standards: Why quality control in steel is a national imperative

Backed by constitutional values and global standards, the Quality Control Order ensures every steel product—from coils to components—meets uncompromising benchmarks for safety and trust.

06 Aug, 2025

AI firm launches platform to cut waste and boost UK steel industry

A South Wales based AI firm has launched a platform designed to help steel manufacturers to reduce waste, lower carbon emissions, and improve production efficiency.

06 Aug, 2025

Govt Steps Up Support For Steel Sector With New Policies & Import Controls

07 Aug, 2025

Odisha CM calls on Kumaraswamy to discuss steel sector growth

Chief Minister Mohan Charan Majhi on Wednesday called on Union Minister for Steel and Heavy Industries H.D. Kumaraswamy in New Delhi and held discussions on further strengthening of the steel sector in Odisha.

07 Aug, 2025

Worldsteel finds growth in “indirect” steel trade this decade

The global organization says cross-border shipments of items made from steel rose by more than 70 million metric tons per year from 2013 to 2023.

08 Aug, 2025

JSW Steel seeks higher met coke import quota to ease supply shortfall

India, the world's second-biggest crude steel producer, in June extended country-specific import quotas of so-called met coke for six months to the end of December

08 Aug, 2025

Stainless steel manufacturers seek anti-dumping duties on cheap imports

The DGTR, under the Ministry of Commerce, is the apex authority for administering all trade remedial measures, including antidumping, countervailing duties and safeguard measures

11 Aug, 2025

India plans tariff response to US over steel, aluminium levy

India has prepared legal grounds for the retaliatory action on steel and aluminium under World Trade Organization rules.

11 Aug, 2025

Explosions at US Steel plant in Pennsylvania leave 1 dead and dozens injured

A deadly explosion at Clairton's US Steel plant killed one, left two missing and dozens injured. The blast adds to the facility's history of accidents and environmental violations, sparking calls for investigation.

12 Aug, 2025

India plans tariff response to US over steel, aluminium levy

India has prepared legal grounds for the retaliatory action on steel and aluminium under World Trade Organization rules

12 Aug, 2025

Explosions at US Steel Clairton Plant in Pennsylvania: 1 dead, 2 missing, several injured

Explosions at the US Steel plant near Pittsburgh in Pennsylvania on Monday resulted in one death, two missing persons, and at least nine hospitalised. Emergency crews continue to search the damaged site while the cause remains under investigation.

13 Aug, 2025

From the India Today Archives (1991) | Medha Patkar: Crusader with nerves of steel

The Supreme Court has upheld Medha Patkar's conviction in the defamation case filed by Delhi lieutenant governor V.K. Saxena but waived the Rs 1 lakh penalty

13 Aug, 2025

Tata Steel UK CEO appointed chair of UK Steel

16 Aug, 2025

Air quality concerns linger in wake of U.S. Steel plant explosion

16 Aug, 2025

Commerce Ministry Recommends Three-Year Safeguard Duty On Certain Flat Steel Imports

The government had already imposed a provisional safeguard duty of 12% for 200 days in April this year based on preliminary findings.

18 Aug, 2025

Sanjeev Gupta readies last-ditch plan to save UK speciality arm of Liberty Steel

Attempt to secure pre-pack administration deal comes as government officials step up planning for its collapse

18 Aug, 2025

POSCO, JSW to build 6 million-ton steel plant in India

The two companies originally agreed to build an integrated steel mill with a capacity of 5 million tons last year

19 Aug, 2025

India recommends import tariffs for three years on some steel products

The levy, if imposed, will start at 12%. It will be eased to 11.5% in the second year and to 11% in the third year

19 Aug, 2025

US Expands Steel, Aluminium Tariffs To Over 400 Imported Products

20 Aug, 2025

India may impose 3-year tariff on top steel producers, China to feel impact

If approved, the proposed tariff on steel imports would begin at 12% in the first year, reduce to 11.5% in the second, and further drop to 11% in the thir

20 Aug, 2025

US steel tariffs leave Indian foundries gasping

Trump's 50% steel tariff has rattled India's small foundries. Facing mass layoffs and shutdowns, they urge urgent government action to survive the shockwaves.

21 Aug, 2025

India, Japan, US look to tariffs to mitigate surge of Chinese steel imports

The US, India, and Japan have all announced increasing restrictions on steel imports this week to protect domestic production against cheap Chinese steel, which has been exported in record numbers this year. They join Europe and Canada, among others, who launched anti-dumping investigations into steel and other metal imports earlier this year.

21 Aug, 2025

UK takes over Liberty Steel plants tied to Indian-British tycoon Sanjeev Gupta

The intervention marks a blow for Indian-British tycoon Sanjeev Gupta, whose group has been struggling to secure financing since the collapse of Greensill Capital, which had lent his Gupta Family Group (GFG) Alliance business about $4.5 billion.

22 Aug, 2025

Odisha’s Second Mega Steel Plant to Transform Keonjhar with POSCO-JSW Collaboration

In a historic move, Odisha Chief Minister Mohan Charan Majhi has announced the establishment of the state’s second-largest steel plant in Keonjhar district, a joint venture between South Korea’s globally renowned steel giant POSCO and India’s Jindal Steel Works (JSW).

22 Aug, 2025

POSCO and JSW Sign an Agreement to Explore Steel Plant in India

23 Aug, 2025

UK takes over Liberty Steel plants tied to Indian-British tycoon Sanjeev Gupta

23 Aug, 2025

Hoa Phat's HRC steel exempt from Indian anti-dumping duties

India's Directorate General of Trade Remedies had initiated the anti-dumping investigation into hot-rolled coil steel originating in or exported from Vietnam on August 14, 2024.

25 Aug, 2025

Steel industry group calls for high tariffs on imported U.S. steel

Canadian Steel Producers Association ask for 'crackdown' on imported steel to protect domestic industry

25 Aug, 2025

OCPL bags first commercial coal block in Sundargarh

The commercial coal block auction, conducted under a transparent and competitive process, witnessed active participation from public and private sector players.

25 Aug, 2025

Vibhor Steel Tubes Begins Supply from New Odisha Facility

26 Aug, 2025

UK scrap steel companies battle limits on metal exports

Bulk of UK scrap steel is exported, which industry groups say could cost up to £5bn in lost revenue and 20,000 jobs

26 Aug, 2025

SAIL Steel for Indian Navy Frigates

27 Aug, 2025

China’s steel supremacy poses challenge for India: Tata Steel CEO

Narendran urges focus on competitiveness and reskilling at Steel Workers Meet

27 Aug, 2025

Tata Steel says US tariff won’t hit India operations, European arm may face strain

CEO T V Narendran flagged pressure on other sectors like textiles and gems, while citing strong domestic steel demand and possible GST tweaks to offset risks.

28 Aug, 2025

Not much tariff impact on steel companies: Narendran

28 Aug, 2025

Make in Steel, Make in Bharat: Metalogic sparks dialogue on steel-driven nation building

Steel plays a vital role in construction, infrastructure, automotive, and defence, together accounting for over 90 per cent of India's steel consumption

29 Aug, 2025

Punjab: Vardhman announces ₹2,500-cr greenfield steel plant in Ludhiana

The project to be set up in a joint venture with Aichi Steel Corporation (ASC), Japan, was announced by VSSL vice chairman and managing director Sachit Jain in the presence of industries and commerce minister Sanjeev Arora at a press conference here.

29 Aug, 2025

Tata Steel MD T.V. Narendran Meets Odisha CM Mohan Majhi To Discuss Investment Opportunities

30 Aug, 2025

Sharmila accuses TDP-JSP-BJP combine of crippling Vizag Steel Plant

APCC chief alleges workforce cuts and Centre’s ‘backdoor plan’ are driving RINL into losses; slams State parties for remaining silent and backs reinvestigation into Vivekananda’s murder case

30 Aug, 2025

Bullet Train Project: 10th Steel Bridge Completed in Ahmedabad

The Mumbai–Ahmedabad Bullet Train project has achieved another milestone with the successful launching of its 10th steel bridge in Ahmedabad.

13 Oct, 2025

Roads, defunct street lights in Steel City to be fixed before puja

01 Sep, 2025

Steel and plant industries struggle with labor shortages amid union opposition to foreign workers

Iron and steel sectors face mounting workforce crises as foreign labor bans persist due to union resistance

01 Sep, 2025

Policy push, infra growth fuel India’s steel sector upcycle

Lloyds Engineering Works Limited (LEWL) has announced that it has been selected as a consortium partner with Primetals Technologies India Pvt Ltd and Primetals Technologies Austria GmbH for the design and implementation of a 4.2 million tonnes per annum (MTPA) Pellet Plant Complex at the Steel Authority of India Limited’s (SAIL) IISCO Steel Plant (ISP) Machine Maker - Latest Manufacturing News | Indian Manufacturing News - Latest Manufacturing News | Indian Manufacturing News - Machine Maker

06 Nov, 2025

Jindal India has launched a new steel plant in West Bengal worth $169 million

The investment has increased the company's capacity by 60% and will boost the production of rolled products and pipes

09 Oct, 2025

CARE reaffirms 'AA 'credit rating on Steel Authority of India's long-term bank facilities

SAIL's reaffirmed ratings underscore its status as a 'Maharatna' company, with a 65% stake held by the Government of India. This ownership structure provides SAIL with significant advantages in procuring contracts and raising finances at competitive rates

10 Oct, 2025

Europe goes protectionist to save its steel

The European Commission unveiled plans this week to slash duty-free steel imports and raise tariffs to 50%, in a last-ditch bid to rescue the bloc’s ailing steel industry.

10 Oct, 2025

Ultra-High Strength Steel Market 2025 | Industry Developments, Future Growth, Share & Industry Insights | Top Companies are ArcelorMittal S.A., Nippon Steel & Sumitomo Metal Corporation

Press release - DataM Intelligence 4market Research LLP - Ultra-High Strength Steel Market 2025 | Industry Developments, Future Growth, Share & Industry Insights | Top Companies are ArcelorMittal S.A., Nippon Steel & Sumitomo Metal Corporation - published on openPR.com

11 Oct, 2025

Asia Metals, Minerals & Steel Directory 2025: Essential Resource for Connecting with Leading Producers, Suppliers, and Traders - ResearchAndMarkets.com

The "Asian Metals, Minerals & Steel Directory 2025" directory has been added to ResearchAndMarkets.com's offering. The pace of change in the Asian metals, st...

11 Oct, 2025

ACME Group plans to invest ₹5,000 crore to produce green steel

ACME Group investing in green steel production with Stavian Industrial Metal partnership, aiming for low-carbon emission products

13 Oct, 2025

India's small steelmakers cut output as weak demand, falling prices bite

India's small steelmakers are struggling with weak demand, rising inventories and falling prices, highlighting a construction slowdown despite New Delhi introducing its biggest consumer tax cuts in eight years to boost growth and counter steep U.S. tariffs.

14 Oct, 2025

Metal producers may lose sheen at ferrous counter

Metal producers are set for a mixed September quarter. Ferrous companies anticipate weaker margins due to falling steel prices and rising raw material costs. Conversely, non-ferrous producers are expected to see stronger earnings, driven by a rebound in aluminium, zinc, and copper prices.

15 Oct, 2025

NMDC Steel Achieves First BIS Certification For India Pipeline Grade Steel

NMDC Steel Becomes First In India To Secure BIS Certification For Pipeline Grade Steel

16 Oct, 2025

India’s SMEL commissions new cold rolling mill in West Bengal

Indian integrated steel producer Shyam Metalics and Energy Limited (SMEL) has commissioned a new cold rolling mill (CRM) at its facility in West ...

24 Oct, 2025

India Sept crude steel output up 13% on year, says World Steel Association

Production of crude steel in India rose over 13% on year to 13.6 million tonnes in September, according to data from the World Steel Association. Indi

24 Oct, 2025

How India’s steel market is shifting from raw steel to customised products

India's steel sector is transforming. It is moving from basic steel to advanced, custom-made components. This shift is driven by urban growth and new industries. Indian manufacturers are using modern technology to produce high-quality steel. This positions India as a key global supplier of precision steel solutions. The country is shaping the future of steel forming worldwide.

25 Oct, 2025

Steel imports slump 29% in H1, yet sector sees net forex outgo

Despite recent import declines due to trade barriers, India's steel industry is under strain as domestic prices slump to a five-year low and remain a net importer for the sixth consecutive month.

27 Oct, 2025

Metals on fire: What's driving the unstoppable rally in copper, aluminium, and zinc

Copper, aluminium, and zinc prices are rallying globally amid supply constraints, strong demand, geopolitical tensions, and green energy transitions. China continues to dominate consumption. Short-term corrections are possible, but structural factors support a long-term bullish outlook, especially for metals critical to energy, infrastructure, and EV development.

27 Oct, 2025

InCred upgrades SAIL to 'Add', lifts target; stable outlook supports upside

Steel Authority's biggest competitive advantage remains its fully integrated raw material base, unlike private steelmakers such as Tata Steel or Jindal Steel and Power

28 Oct, 2025

Jindal (India) commences supply of coated steel to white goods industry

Earlier this month, Jindal (India) commissioned 0.6 million MT of downstream steel capacity expansion

29 Oct, 2025

SAIL profit falls over 53% to ₹418.72 crore in September quarter

The company's total income rose to ₹26,910.04 crore from ₹24,842.18 crore in the year-ago period.

30 Oct, 2025

JSW Steel Soars to All-Time High, Solidifying Industry Leadership and Investor Confidence

JSW Steel has reached an all-time high stock price, reflecting its strong financial health and market position in the ferrous metals industry.

03 Nov, 2025

Fabex Steel Structures sets up 2nd manufacturing unit near Hyd

Hyderabad: Fabex Steel Structures commissioned its second manufacturing unit, spread over 40 acres at Chityal, near Hyderabad, with an investment of ₹.

04 Nov, 2025

PLI push: Govt launches third round for speciality steel, eyes Rs 44,000 crore fresh investment for boosting production

India Business News: India has launched the third phase of its Production Linked Incentive (PLI) scheme for speciality steel, aiming to boost domestic production and reduc

05 Nov, 2025

ArcelorMittal produced 42.8 million tons of steel in January-September

Iron ore production for the period amounted to 35.7 million tons

07 Nov, 2025

Tata Steel’s Q2 consolidated profit surges fourfold to Rs 3,183 crore

Tata Steel reported a significant profit jump in the September quarter. India operations drove strong volume growth. The Netherlands unit saw a sharp rise in operating profit. The company also narrowed losses in its UK operations. Sales increased year-on-year. Earnings before interest, tax, depreciation, and amortisation rose substantially.

13 Nov, 2025

JSW Steel Reports 9% YoY Growth in Crude Steel Production for October 2025

JSW Steel produced 24.95 lakh tonnes of consolidated crude steel in October 2025, a 9% year-over-year increase. Indian operations achieved 83% capacity utilization, rising to 92% when excluding Blast Furnace 3, which is undergoing expansion from 3.0 MTPA to 4.5 MTPA. JSW Steel USA-Ohio contributed 0.55 lakh tonnes. The company maintained strong production despite the temporary shutdown of Blast Furnace 3 at its Vijayanagar facility, which is expected to resume production in February 2026.

10 Nov, 2025

Kamdhenu Unveils Ambitious Expansion Strategy: 40 Lakh MT Steel Capacity and 100+ Franchisees Targeted

Kamdhenu Limited plans to expand its steel rebar capacity to 40 lakh MT and increase its franchisee network to over 100. The company aims for ₹22,000 crore in brand sales and focuses on increasing royalty income. Recent financial results show revenue up 3% to ₹386.90 crore, with profit before tax increasing 33% to ₹54.30 crore. Kamdhenu's strategy includes market penetration in tier-2 markets, product innovation, and leveraging its franchisee-based business model.

11 Nov, 2025

Govt to ease quality control orders for standard certification on 55 steel grades

The Indian government is set to suspend quality control orders on 55 steel grades, facilitating easier access to raw materials for industries and ensuring supply amidst demand shortages.

15 Nov, 2025

Centre plans major revamp for speeding up steel imports

India is taking strides to streamline its steel import process by eliminating the need for individual consignment declarations under SIMS. This strategic shift is set to alleviate the compliance strain on MSME manufacturers, leading to quicker customs clearances at ports.

17 Nov, 2025

Tata Steel Sees Significant Block Trade Worth Rs. 51.44 Crores on NSE

A significant block trade of 3,003,705 Tata Steel shares was executed on the National Stock Exchange at ₹171.27 per share, totaling ₹51.44 crore. This large transaction suggests notable institutional activity in the steel major's stock. Additionally, Tata Steel has announced an upcoming investor meeting, 'JM Financial, India Xchange 2025', scheduled for November 21, 2025, in Mumbai.

18 Nov, 2025

U.S. Steel CEO: Nippon enables $3 billion investment

The $3 billion investment will allow the company to build a direct reduced iron plant that will use iron pellets to produce feedstock for its electric arc furnaces in Osceola.

19 Nov, 2025

Rs 39,000 Crore Boost for Rourkela Steel Plant: HD Kumaraswamy announces major brownfield–greenfield expansion

Union Minister for Steel and Heavy Industries H.D. Kumaraswamy unveiled an ambitious expansion blueprint for the Rourkela Steel Plant (RSP), marking one of the largest investment pushes in Odisha’s steel sector in recent years.

20 Nov, 2025

Nomura sees China shift boosting Tata Steel, JSW Steel and Jindal Steel

Steel Stocks Outlook: Nomura says China's property support is neutral-to-positive for Indian steel. Maintains 'Buy' on Tata Steel (₹172), JSW Steel (₹1,170), and Jindal Steel (₹1,070) on strong India demand.

24 Nov, 2025

Odisha to showcase India’s steel making potential at Bharat Steel 2026

Bhubaneshwar: Odisha, a leading steel producing State in the country, is all set to showcase India’s potential at the Bharat Steel 2026, the two-day gobal steel summit to be held in Delhi from April 16, 2026.

25 Nov, 2025

Steel Ministry Plans ₹400+ Crore Investment in SAIL's Salem Steel Plant

The Steel Ministry has announced plans to invest over ₹400 crore in Steel Authority of India Limited (SAIL)'s Salem Steel Plant. This investment is expected to enhance the plant's capacity and operational efficiency, aligning with SAIL's strategy to strengthen its market position and meet growing steel demand in India. The investment is significant compared to SAIL's current financial position, with potential impacts including increased production capacity, facility modernization, and possible job creation in the region.

26 Nov, 2025