JSW Steel Posts INR 5,900 Crore Net Profit in Q1 FY-22
Indian Steelmaker, JSW Steel Ltd. has reported its highest ever consolidated net profit of INR 5,900 Crore in the first
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Steel
Centre Approves INR 6,322 Crore PLI Scheme for Specialty Steel
The Union Cabinet (Govt. of India) on 22nd July 2021 approved INR 6,322-crore production linked incentive (PLI) scheme for specialty
Read MoreNMDC Board Approves Demerger of NMDC Steel
State-owned National Mineral Development Corporation (NMDC) has approved the de-merger of NMDC Steel Limited from the parent company NMDC Ltd
Read MoreTata Steel’s India Production Increases 55% in June Quarter
Indian Steel major, Tata Steel in an exchange filing on 4th July 2021 announced that its India-based units have produced
Read MoreJSW Steel and JFE Steel Japan May Jointly Setup a CRGO Steel Unit in India
JSW Steel has signed an agreement with JFE Steel Corporation of Japan to conduct feasibility study of a local manufacturing
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Essar Steel to Set Up 3 Million TPA Steel Plant in Andhra
Andhra Pradesh Government had earlier established YSR Steel Corporation as a Special Purpose Vehicle (SPV) for development and operation of
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Indian Steelmakers may Again Hike Prices by INR 4,000 per Tonne from April 1
According to a report published in Economic Times on 26th March 2021, top Indian Steel producers like JSW Steel, Tata
Read MoreTop Five Indian Steel Producers to Reduce their Debt by 35,000 Crore- CRISIL
Independent credit rating agency CRISIL today in a report stated that India’s primary Steel producers JSW Steel, Tata Steel, Steel
Read MoreArcelorMittal Signs MoU with Odisha for INR 50,000 Crore Steel Plant
ArcelorMittal Nippon Steel India Ltd. (AMNS) has signed an MoU with the Odisha government on 4th March 2021 to invest INR
Read MoreStainless Steel Bodies Fear Closure after Budget Import Duty Concessions
Indian Stainless Steel Development Association (ISSDA), India’s apex Stainless Steel body, along with four other major associations representing MSME Stainless
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