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    India

    SAIL Bokaro modernizes finishing mill with advanced automation solutions

    Primetals Technologies has upgraded the automation systems at the finishing mill of SAIL Bokaro's hot-strip mill in Bokaro Steel City, Jharkhand, India, completing the...

    Finished steel imports surge to 7-year high in Apr-Oct 2024

    India's finished steel imports surged to a seven-year high of 5.7 mln tons during April-October, according to provisional government data, marking a continuation of...

    TARIL acquires controlling stake in Posco Poggenamp Electrical Steel

    Transformers and Rectifiers (India) Ltd. (TARIL) has announced a strategic investment in Posco Poggenamp Electrical Steel, acquiring a controlling stake, according to a stock...

    NMDC Steel’s loss widens in Jul-Sept 2024

    NMDC Steel reported a widening loss of INR 595.37 crore (USD 70.5 mln) for the September quarter, driven by a surge in expenses. In...

    SAIL’s profit drops in Q2 FY25 due to lower steel prices and rising imports

    Steel Authority of India Limited (SAIL) reported a 31pct decline in consolidated net profit, totaling INR 897.15 crore (USD 106.2 mln) for the quarter...

    Sandur Manganese acquires full ownership of Arjas Steel

    India's Sandur Manganese & Iron Ores Limited (SMIORE) board has approved the acquisition of an additional 20pct stake in Arjas Steel Private Limited (ASPL),...

    Steel imports surge in Jul-Sept 2024; exports decline

    India's steel imports from April to September were led by China, with the country remaining a net importer, according to provisional government data, Reuters...

    Tata Steel sees decline in profit in Jul-Sep 2024

    Tata Steel Ltd reported a consolidated profit after tax of INR 759 crore (USD 90 mln) for the quarter ended September 30, 2024, marking...

    Welspun secures pipe supply orders in U.S. for natural gas pipeline projects

    India's Welspun Corp announced it has secured two major orders in the U.S., totaling INR 1,300 crore (USD 154.5 mln), to supply coated HSAW...

    JSW Steel reports decline in crude steel production in Oct 2024

    JSW Steel reported a 1pct YoY decrease in consolidated crude steel production for October 2024, totaling 22.81 mln tons, according to the company's stock...

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