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.
Category : Search result: crude steel production
Saudi Arabia Slashes Oil Price to Asia to 5-Year Low
Saudi Arabia cuts January 2026 crude oil price to Asia to a five-year low as OPEC+ raises output and supply surplus looms. Details on market impact and Chinese demand.
Oil Prices Fall on Weak Demand, Await Ukraine Peace Outcome
Global oil prices fell for a second day as weak demand and rising US inventories weigh on markets. Investors eye Ukraine peace talks for signs of Russian supply changes. Brent crude trades at $62.32 a barrel.
Global Oil Glut: Why Prices May Not Collapse in 2026
Global oil surplus could push prices lower in 2026, but geopolitical tensions from Ukraine to Venezuela may provide a floor. Experts analyse OPEC's role and market balance.
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.
IIP Growth Hits 13-Month Low of 0.4% in October
India's industrial output growth plummeted to 0.4% in October 2024, the lowest in over a year, dragged down by power, mining, and manufacturing. Get the full analysis of the key economic data.
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.
₹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.
OPEC+ to Keep Oil Output Unchanged for Q1 2026
OPEC+ is likely to maintain current oil production levels for early 2026, sources say, as the group navigates market pressures and a potential supply glut. Read the full analysis.
Oil Falls on Ukraine Peace Talks, OPEC Meeting in Focus
Crude oil prices declined as Ukraine-Russia peace negotiations continue. All eyes on upcoming OPEC meeting for output decisions. Get latest market updates.
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.
Oil prices fall as Ukraine-Russia ceasefire hopes grow
Global oil prices decline on expectations of Ukraine-Russia ceasefire unlocking Russian supply. Brent crude drops to $62.92 amid thin Thanksgiving trading. Read latest market analysis.
India's Rice Production Reaches Record 124.5 MT
India's kharif rice production reaches record 124.5 million tonnes in 2025-26, up 1.7 MT from last year. Discover how monsoon impacted crops and sector performance.
Kharif Food Grain Production Reaches 173.3 Million Tonnes
India's kharif food grain production estimated at 173.3 million tonnes for 2024-25. Rice output reaches 108.5 million tonnes. Discover key agricultural insights and crop performance data.
Oil Prices Rise Amid Oversupply Fears and Peace Deal Hopes
Oil prices climbed on Wednesday after a recent slide, but gains were capped by an expected supply glut in 2026 and potential Russia-Ukraine peace deal. Key market analysis inside.
Oil Prices Could Fall to $30s by 2027: JP Morgan
JP Morgan warns global oil supply is outpacing demand, risking a price crash to $30s per barrel by 2027. Will producers act to rebalance the market? Read more.
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.
Crude Oil Prices Fall as Ukraine Peace Talks Advance
Crude oil prices declined Tuesday, erasing Monday's gains amid Ukraine-Russia peace negotiations. MCX crude traded flat at ₹5,236/barrel while global benchmarks showed modest gains. Expert analysis included.
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.
Rabi Sowing Area Expected to Exceed Last Year
India's rabi season sowing shows promising growth with area expected to surpass last year's levels. Government reports increased wheat and pulses cultivation. Discover the agricultural trends shaping food security.
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.
Oil Falls 2% as US Pushes Russia-Ukraine Peace Deal
Crude oil prices plunged to one-month lows as US peace efforts could boost Russian oil exports. Brent fell to $62.33, WTI to $57.83. Market watches sanctions and Fed rates.
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.
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