Jindal Steel & Power’s Subsidiary Acquires Allied Strips for Rs. 217 Cr.
Jindal Steel & Power Ltd. (JSPL), through its wholly-owned subsidiary Jindal Steel Odisha Ltd., has acquired Allied Strips Ltd. for
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Steel
JSW Group to Invest Rs. 60,000 Cr. for Capacity Expansion in FY-26
JSW Group will be investing Rs. 60,000 crore for capacity expansion in FY26. The company will direct this investment towards
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AM/NS Launches it’s First Steel Scrap Processing Facility in India
ArcelorMittal Nippon Steel India (AM/NS India) has opened its first scrap-processing facility at Khopoli, Maharashtra. This plant has a capacity
Read MoreJindal Stainless to Invest Rs. 40,000 Cr. in Maharashtra for Third Plant in India
Jindal Stainless Ltd. (JSL), a prominent Indian Steel manufacturer and part of the OP Jindal Group, will be investing about
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SAIL to Expand Production with Rs. 30,000 Cr. Investment at Rourkela Steel Plant
Steel Authority of India Ltd. (SAIL) will be investing Rs. 30,000 crore for expanding Steel manufacturing capacity at its plant
Read MoreBansal Wire Subsidiary Allotted Land for Steel Rod Factory
BWI Steel Pvt. Ltd., a wholly-owned subsidiary of Bansal Wire Industries, has been allotted 1,70,000 sq.m of land in Sanand,
Read MoreChina’s Steel Dumping: Major Threat to Indian Steel Producers
With an annual production of over 1 billion Metric Tonne (MT), China is the world’s largest Steel producer. However, despite
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Union Cabinet clears Rs 11,440 Crore Plan for Reviving Rashtriya Ispat Nigam
Cabinet Committee on Economic Affairs (CCEA) has approved a Rs. 11,440 crore revival plan for Rashtriya Ispat Nigam Ltd. (RINL).
Read MoreGeekay Wires Q3 FY-25 Revenue Jumps 7%, PAT Down 8% YoY
Geekay Wires Ltd., a Hyderabad-based manufacturer of Galvanized Steel Wires, has announced its financials for Q3 of FY-25. Geekay Wires’
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Bansal Wire Forays into Specialty Wires, Plans 630 Cr. Expansion of Dadri Plant
Bansal Wire Industries Ltd. [NSE: BANSALWIRE, BSE: 544209], a major manufacturer of Stainless Steel (SS) & Galvanised Iron (GI) wires,
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