steel production

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    Japan's JFE and JSW Steel Expand Joint Venture

    New Delhi, March 30 JSW Steel, led by Sajjan Jindal, announced on Monday that Japan's JFE Steel Corporation has invested ₹7,875 crore to acquire a 25 per cent stake in JSW Kalinga Steel Ltd.The investment is the first tranche of JFE's planned stake in JSW Kalinga, with 2,26,94,524 equity...
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    Panel Review Highlights SAIL's Competitiveness Challenges

    New Delhi, March 27 A parliamentary panel has asked SAIL to strengthen its sales and take steps to improve revenue realisation and market competitiveness, as certain advanced and special steel grades remain outside its portfolio.The report titled 'Organisational Structure and Performance of...
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    Jindal Stainless Expands Stainless Steel Capacity in Indonesia

    New Delhi, March 24 Jindal Stainless announced on Tuesday the commissioning of a 1.2 million tonnes stainless steel melting shop (SMS) in Indonesia, as part of its ongoing ₹5,700 crore expansion plan.With this development, the company said its annual melting capacity has increased to 4.2...
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    Steel Capacity Grows: Jindal Steel Reaches 15.6 MTPA

    New Delhi, March 24 Jindal Steel announced on Tuesday that it has doubled the steel-making capacity of its Angul facility to 12 million tonnes per annum.With this expansion, Angul has become one of the largest single-location steel plants in India, taking Jindal Steel's overall capacity to...
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    ArcelorMittal Set to Build Massive Steel Plant in Andhra Pradesh

    In Visakhapatnam, Andhra Pradesh Chief Minister N. Chandrababu Naidu inaugurated the foundation of the ArcelorMittal Nippon Steel (AM-NS) India plant in Nakkapalli, Anakapalli district, highlighting that the state is the ideal destination for industrial investment in India.Union Minister for...
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    New Steel Plant to Create 100,000 Jobs in Andhra Pradesh

    Rajayyapeta (Andhra Pradesh), March 23 Andhra Pradesh Chief Minister N Chandrababu Naidu laid the foundation stone for the Rs 1.36 lakh-crore ArcelorMittal Nippon Steel India steel plant here in the Nakkapalli mandal of the Anakapalli district on Monday.With a capacity of 17.8 million tons per...
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    Andhra CM to Lay Foundation for $1.36 Billion Steel Project

    Amaravati, March 21 Andhra Pradesh Chief Minister N Chandrababu Naidu is scheduled to lay the foundation for the Rs 1.36 lakh-crore AM/NS India steel plant in the Anakapalli district on March 23.Union Heavy Industries and Steel Minister HD Kumaraswamy, Arcelor Mittal executive chairman Lakshmi...
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    New EAF Facility in Ludhiana Boosts Punjab's Industrial Growth

    Ludhiana/New Delhi, March 20 Punjab Chief Minister Bhagwant Mann inaugurated Tata Steel's scrap-based electric arc furnace, which was built with an investment of nearly Rs 3,200 crore.Speaking at the event, Mann said that the state government provides a conducive environment for the industry...
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    Steel Industry Faces Cost Inflation Amid Global Conflict

    New Delhi, March 8 The global steel industry, including India, is expected to face multiple market-related challenges in the coming days as the escalating crisis in the Middle East impacts fuel costs, which has led to increased freight rates, according to BigMint Research.Military tensions in...
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    Jharkhand to Host Advanced Steel Tech with Tata Steel Investment

    Ranchi, March 2 Tata Steel will invest ₹11,000 crore in Jharkhand to develop advanced-grade steel at its Jamshedpur facility, Tata Group Chairman N Chandrasekaran said on Monday.The technology developed by the Tata Group for advanced steel production will also benefit other steelmakers, he...
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    Tata Steel Invests ₹11,000 Crore in Jharkhand Steel Development

    Ranchi, March 2 Tata Steel will invest ₹11,000 crore in Jharkhand to develop advanced grade steel at its Jamshedpur facility, Tata Group Chairman N Chandrasekaran said on Monday.The technology developed by the Tata Group for advanced steel production will also benefit other steelmakers, he...
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    Sponge Iron and Hard Bright Wire Capacity Expansion at Godawari Power

    New Delhi, March 2 Godawari Power and Ispat announced on Monday that the company has expanded its sponge iron capacity to 6.5 lakh tonnes, from 5.94 lakh tonnes previously.The increased capacity has been operational from February 28, after receiving approval from the Chhattisgarh Environment...
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    AI Drives Transformation in India's Steel Industry

    Secretary of the Ministry of Steel, Sandeep Pondrik, stated that India's steel consumption has experienced an unprecedented surge, increasing from 77 million tons in 2014-15 to 152 million tons in 2024-25. He made this statement while addressing a session at the Ministry of Steel pavilion at the...
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    AI Integration Drives Transformation in India's Steel Industry

    New Delhi, February 18 – The Ministry of Steel unveiled a comprehensive roadmap on Digital Opportunities in the Steel Sector at the ongoing India AI Impact Summit 2026 at Bharat Mandapam, reaffirming its commitment to transform India into a technology-driven global steel powerhouse.The roadmap...
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    India's Crude Steel Production Forecasts Reach 400 Metric Tons by 2035-36

    Secretary of the Ministry of Steel, Sandeep Pondrik, stated that India's steel consumption has experienced an unprecedented surge, increasing from 77 metric tons in 2014-15 to 152 metric tons in 2024-25. He made this statement while addressing a session at the Ministry of Steel pavilion at the...
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    Steel Sector Growth Targets Driven by AI and Digital Technologies

    New Delhi, February 18 Intelligent automation, digital twins, advanced analytics, and AI-driven process control systems will be critical to ensuring that India's steel growth remains globally competitive and environmentally responsible, Steel Secretary Sandeep Poundrik said on Wednesday...
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    Ministry of Steel Urges AI Integration for Competitiveness

    Sandeep Poundrik, Secretary of the Ministry of Steel, stated that it is crucial for the steel sector to adopt Artificial Intelligence. Speaking to Akashvani News at the India AI Impact Summit in New Delhi, Mr. Poundrik said that India is the second largest steel producer in the world, and...
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    Odisha Governor Highlights State's 'Growth Engine' Status Amid Opposition Walkout

    Bhubaneswar, February 17 Legislators from the opposition BJD and Congress staged a walkout from the Odisha Assembly on Tuesday during Governor Hari Babu Kambhampati's address, in which he described the state as the nation's "growth engine".The opposition MLAs claimed there was a lack of...
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    US-India Trade Agreement Expected to Drive Aircraft Imports and Economic Growth

    New Delhi, February 13 Commerce and Industry Minister Piyush Goyal on Friday expressed hope that India would import aircraft, engines, and spare parts worth approximately $100 billion from the US under the interim trade agreement.The import of aircraft may help boost tourism and reduce...
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