Tata Steel sued for €1.4bn over Dutch plant emissions
Tata Steel's Dutch units face a €1.4 billion class action over alleged health and environmental damage near its IJmuiden plant. The company vows to defend itself. Read the full story.
Category : Search result: steel acquisition
Jindal Steel's Capacity Push Aims for Volume-Led Growth
Jindal Steel commissions 3 MTPA new capacity, eyes 15.6 MTPA by March. Near-term earnings face pressure, but volume-led growth and cost reset could transform its profile by FY28. Read the full analysis.
Vizag Steel Plant's Third VRS to Remove 570 Employees
Vizag Steel Plant management opens VRS window from Jan 1-20, 2026, aiming to cut 570 permanent jobs. This third phase continues a major workforce reduction strategy amid union criticism. Read the full details.
Manaksia Coated Metals Upgrades Galvanizing Line Capacity
Manaksia Coated Metals & Industries Ltd announces a ₹50 crore investment to upgrade its Continuous Galvanizing Line, boosting capacity to 1,80,000 MTPA. This strategic move aims to enhance product quality and market competitiveness.
GMADA gets 716 acres for Eco City 3 from 9 villages
The Greater Mohali Area Development Authority has successfully acquired 716 acres of land from nine villages for its ambitious Eco City 3 project, paving the way for a new integrated township.
Bijnor DM's Home Attached Over Unpaid Land Compensation
A Moradabad land acquisition court has ordered the attachment of the Bijnor DM's official residence for failing to pay Rs 25.2 lakh compensation to a landowner since 2020. Read the full story.
Odisha Steel Production Jumps 18.8%, Green Roadmap Unveiled
Odisha's crude steel production surges to 18.07 million tonnes. Minister Bhupathiraju Srinivasa Varma details green steel initiatives & policies for MSMEs in Rajya Sabha. Read the full report.
Stock Under Rs 100 Acquires Singapore Firm Stake
A multibagger stock under Rs 100 makes a strategic move by acquiring a 100% stake in a Singapore-based firm. Discover the details and market impact here.
Worker killed in Hyderabad steel plant furnace blast
A fatal accident at Agarwal Steel Industries in Rangaipally, Hyderabad, claimed one life and left another worker critically injured after a high-temperature furnace failure. Police are investigating potential negligence.
Worker killed in Hyderabad steel plant furnace blast
A fatal accident at Agarwal Steel Industries in Rangaipally, Hyderabad, claimed one life and left another worker critically injured after a high-temperature furnace failure. Police are investigating potential negligence.
ESL Steel, IOCL Sign PNG Supply Deal for Bokaro Plant
ESL Steel Limited inks pact with Indian Oil for Piped Natural Gas supply to its Bokaro steel plant, marking a major shift towards cleaner fuel and sustainable operations. Read more.
Algoma Steel to Cut 1,000 Jobs Due to US Tariffs
Canadian steel giant Algoma Steel will slash 1,000 jobs and shut its blast furnace in Ontario, blaming US tariffs for heavy losses. The layoffs start March 23, 2025. Read more.
Rs 4,000 Crore Plan to Revive Bhadravati Steel Plant
Union Minister H D Kumaraswamy announces detailed project report worth Rs 4,000 crore to revive Sir M Visvesvaraya Iron and Steel Plant in Bhadravathi. Read about the revival plan.
Land Acquisition Sparks Outrage in Chhatrapati Sambhajinagar
Nearly 3,000 properties face acquisition for railway track doubling in Chhatrapati Sambhajinagar. Residents question one-sided land acquisition and demand fair compensation.
₹4,000 Crore Revival Plan for Shivamogga Steel Plant
Union Minister HD Kumaraswamy announces massive ₹4,000 crore revival of Visvesvaraya Iron and Steel Plant. Detailed project report for 40-year operation plan underway. Read more about this industrial revival.
VSP's Future Depends on Meeting Production Targets
Steel ministry officials reveal Visakhapatnam Steel Plant must achieve 19,000 tonnes daily output for survival. Centre's financial aid unlikely, making production crucial. Read the full analysis.
India Needs Targeted Finance for Green Steel: Report
New analysis reveals 92% of India's planned steel capacity expansion remains unbuilt. Strategic public finance now could determine industry emissions for decades.
India May Impose Steel Import Tariffs to Support Local Mills
India considers import tariffs on certain steel products to protect domestic industry from cheap imports. Government evaluates measures to support local manufacturers.
India May Impose Steel Import Tariffs Against China
India plans 11-12% steel import tariffs for 3 years to protect domestic producers from Chinese dumping. Get latest trade policy updates.
Why US and Europe Remain Divided on Critical Trade Deal
The US and EU struggle to finalize a trade agreement on steel and aluminum. Key hurdles include tariffs, green subsidies, and December deadlines. Explore the implications for global trade.
Gallard Steel IPO Allotment Status Out Today
Gallard Steel IPO allotment finalized today. Investors can check status via registrar portal. Shares credited to demat accounts on Tuesday, listing scheduled for Wednesday.
MPK Steel: Shaping India's Infrastructure Future
Discover how MPK Steel is building India's future with high-quality steel products for bridges, highways and urban development. Learn about their growth story and vision.
High-Level Panel for Rourkela Steel Plant Land Issues
Odisha government forms committee to resolve land encroachment issues for Rourkela Steel Plant's ₹30,000 crore expansion. Plan aims to double production capacity to 9.8 MTPA by 2030.
Ancient Indian Steel Meets Digital Innovation Challenge
India's legendary Ukku steel shaped global trade 2000 years ago. Now, the nation faces the challenge of recreating that legacy with digital age materials. Expert analysis on bridging ancient mastery with modern innovation.
Bokaro Steel Plant's 15.4 Crore Tonne Milestone
Bokaro Steel Plant achieves a historic 15.4 crore tonnes of crude steel, reinforcing India's industrial strength. Discover its journey and future plans for an Aatmanirbhar Bharat.
India Eases Import Rules for 55 Steel Products
India plans to suspend quality control rules for 55 specialty steel imports for 1-3 years to address supply gaps. Move benefits Chinese, Vietnamese exporters while protecting domestic industry.
Tata Steel Q2 Profits Surge, UK Operations Struggle
Tata Steel's Q2 profit triples to ₹3,101 crore driven by India growth and cost cuts. However, UK operations remain a drag amid cheap imports, and the 40 MTPA capacity target by 2030 may be delayed.
Tata Steel Q2 Profit Jumps 272%, Shares Gain 3%
Tata Steel reports stellar Q2 FY26 results with 272% profit surge to ₹3,102 crore. Revenue grows 9% to ₹58,689 crore. Should you invest in this steel giant? Analysis inside.
Tata Steel Q2 Profit Jumps 4x, Beats Forecasts
Tata Steel's Q2 net profit surged to ₹3,102 crore, driven by strong India deliveries and lower costs. The steel giant plans expansion and decarbonization. Read more for key insights.
JSW Sells 50% of Bhushan Power to JFE for ₹15,000 Cr
JSW Steel is finalizing a deal to sell a 50% stake in Bhushan Power & Steel to Japan's JFE Steel for ₹15,000-16,000 crore. This strategic move aims to reduce debt and fund expansion plans. Read more.
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