Assocham Seeks Green Steel Incentives in Pre-Budget Pitch
Assocham urges govt for hydrogen DRI incentives & green finance in pre-Budget recommendations to decarbonise India's steel sector. Read key proposals.
Assocham urges govt for hydrogen DRI incentives & green finance in pre-Budget recommendations to decarbonise India's steel sector. Read key proposals.
Jewellery shops in Bihar now prohibit customers with covered faces. This security move, sparked by rising gold prices, may go nationwide. Read details.
Jindal Steel International is in advanced talks to acquire Germany's Thyssenkrupp Steel Europe in a multi-step deal. This strategic move marks a major European expansion for the Naveen Jindal Group company. Read the full details here.
Tata Steel books first bulk shipment from Canada to hedge against captive mine expiries in 2030. A strategic move to secure raw material supply and explore future options. Read more.
Tata Group's market capitalisation eroded sharply as 18 of 24 listed firms declined. TCS, Tata Motors PV, and Trent were the biggest drags, while Tata Steel and Titan provided some relief. Discover the full analysis.
Domestic steelmakers hike prices of HRC, CRC, and rebar by 2-6% in early January after a 12% safeguard duty on imports. Analysts see sustainable gains but caution on future capacity growth. Read more.
Ludhiana industrialists urge government intervention to regulate volatile steel prices, citing a Rs 4,000/tonne hike in 15 days that is crippling MSMEs. Call for steel to be declared an essential commodity.
Ludhiana industrialists push PSIEC to restart subsidised raw material scheme for MSMEs, citing steel price swings hurting small units. Read key demands and industry impact.
India's competition watchdog finds 31 steel firms, including giants Tata Steel, JSW Steel, and SAIL, colluded on prices. 56 executives face liability. Read the full details and potential penalties.
The Competition Commission of India has found major steel producers, including Tata Steel and SAIL, guilty of antitrust violations. Discover the details and implications for the industry.
Australia's BlueScope Steel is considering a massive $13.2 billion takeover offer from US-based Steel Dynamics and Australian conglomerate SGH. The bid aims to split the steelmaker's global operations. Read the full details.
JSW Steel shares surged 4.9% after new import duties. We analyze its strong market position, expansion plans, high debt, and recent performance to help you decide.
India's new safeguard duty on select steel imports has led to a sharp price rise of up to Rs 8,000 per tonne. Industry warns of a 2% increase in construction costs, impacting real estate and auto sectors. Read more.
Australian steel giant BlueScope receives a massive A$13.14bn takeover bid. The deal could reshape global steel supply chains. Read the full details and analysis here.
US steel giant Steel Dynamics and Australia's SGH Limited launch a massive A$13.14 billion takeover bid for BlueScope Steel. The deal targets its lucrative North American assets. Read the full analysis.
Indian steel stocks rise after govt extends import duty for 3 years, offering relief amid rising costs and supply. JSW Steel, Jindal Steel gain 6%. Read more on Q3 outlook.
A group of 2022-batch IAS officer trainees visited SAIL's Bokaro Steel Plant to understand steel production and public sector governance. Read about their key learnings.
India's Ministry of Steel invites media partners for the 3rd Bharat Steel Expo 2026 in New Delhi. Learn about this major event shaping the future of the steel industry. Apply by May 31, 2025!
Bansal Wire Industries' stock soared 7.3% after reporting its highest-ever quarterly sales volume of 121,702 MT in Q3FY26. Read the full business update and stock analysis here.
Hyundai India announced a 0.6% average price hike across all models due to rising commodity costs. Market leader Maruti Suzuki will decide on its pricing strategy in 15-20 days. Read more for details on other automakers' price adjustments.
Manish Raj Gupta, Director at SAIL, assumes additional charge as CMD of RINL (Visakhapatnam Steel Plant). A seasoned leader with over three decades of experience, his appointment is set to drive strategic growth. Read more about his career and vision.
Aviation turbine fuel price reduced sharply in Delhi after three hikes. Commercial LPG cylinder price up by ₹111. Read the latest fuel price revisions and their impact.
The Indian government has sharply increased excise duties on cigarettes and tobacco products from February 1, 2024. This move will lead to higher retail prices for consumers. Get all the details on the new rates and their impact.
Tata Steel shares continue their rally, gaining 1.2% to hit a one-month high after India extends safeguard duties on steel imports for three years. Discover the impact on the sector and future demand outlook.
Indian stock markets closed 2025 with strong gains. Sensex and Nifty surged, led by Tata Steel, BEL, and Adani Ports. Get the full analysis of the year-end rally and outlook.
India imposes safeguard duties up to 12% on select steel flat product imports from April 2025 to 2028 to protect domestic industry. Key details and analysis inside.
India has imposed safeguard duties on certain steel imports for three years to protect domestic manufacturers from a surge in low-cost supplies, primarily from China. The duty starts at 12% and will gradually decrease.
India imposes anti-dumping duties on Chinese steel imports, offering major relief to domestic manufacturers. This move aims to curb cheap imports and strengthen the local steel sector. Read more.
India imposes 11-12% safeguard duty on select steel imports for three years to protect domestic industry from cheap shipments, primarily from China. Read the full details.
Planning to buy an SUV? Prices for Honda Elevate, MG Hector, Mercedes GLA, BMW X1 & others are set to rise from Jan 1, 2026. Book now to lock in current rates.