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"steel"

  • Govt launches 3rd round of PLI scheme for speciality steel to attract investment

    The government launched the third round of the Production Linked Incentive (PLI) scheme for speciality steel to attract fresh investments and boost domestic manufacturing. The Rs 6,322 crore scheme aims to make India a global hub for advanced steel production
  • Trump to double steel tariffs to 50 pc from next week

    The US President later posted on social media that the higher tariff rate would take effect on June 4
  • India is on a trajectory to achieve steel production capacity of 300 million tonnes by 2030

    In FY25 (April to December period), the production of crude steel stood at 110.99 MT and finished steel stood at 106.86 MT
  • Telangana: MPL group signs MoU with Centre for speciality steel production

    Telangana-based MPL Group signs MoU with union government to produce Speciality Steels in India.
  • Telangana: Real estate industry to halt work on April 4 to protest against rising prices

    Hyderabad: Members of real estate industry bodies have decided to halt construction work for one day on April 4 across Telangana to protest against the increase in prices of input materials like steel, aluminum, cement and others. Representatives of various real estate bodies, at a press conference on Friday, flagged the increase in price of […]
  • Banking service, coal, steel production hit in Telangana and Andhra

    Coal production in the state-owned Singareni Collieries Company Limited (SCCL) in Telangana was hit as the employees struck the work to oppose the Centre's move to auction four coal blocks.
  • Steel prices jump up to Rs 5,000 per tonne as supply chains hit amid Russia-Ukraine conflict

    New Delhi: Domestic steel makers have hiked the prices of hot-rolled coil (HRC) and TMT bars by up to Rs 5,000 per tonne as supply chain is being impacted amid ongoing Russia-Ukraine conflict. According to industry sources, the prices have been increased in the past few days and are expected to go up further in […]
  • Why are Indian aluminium, steel industries on brink of crisis?

    Hyderabad: Indian aluminium and steel producers are facing severe coal shortage as the supplies have been diverted to coal-based thermal power producers, who are trying to meet the peaking power demand from the manufacturing sector. This situation has led to an increase in coal procurement costs as imports have become increasingly competitive as several countries […]
  • Mud walls in Warangal reveal iron and steel factories thrived centuries ago

    History and archaeology enthusiast Ratnakar Reddy found slag stones, which are locally known as the ‘Chittepurallu’, in the mud walls of the old houses at Yerragollapahad village of Jangaon mandal.
  • MSME engineering exporters seek PM Modi’s intervention

    Ludhiana Hand Tools Association President S C Ralhan said that many of the competing countries, provide support to manufacturing units by providing steel at much reasonable prices.
  • Eight core sectors’ output skyrockets by 56.1% in April

    According to the commerce and industry ministry data, production of natural gas, refinery products jumped by 25 per cent, 30.9 per cent, respectively.
  • Industry body IPMA seeks govt intervention to regulate rising steel prices

    IPMA said steel prices have increased more than 60 per cent in the past 10 months and are expected to increase further by Rs 4000/ a tonne in coming days.
  • CII, EEPC worried over hurdles faced by engineering exporters

    Chairman of CII committee on Exports and Imports Sanjay Budhia said the engineering exporters are facing tough times due to factors like high steel prices and increased ocean freight.
  • McNally Bharat Engineering bags Rs 312-cr order from CIL arm

    New Delhi: McNally Bharat Engineering on Thursday said it has bagged an order worth Rs 311.68 crore from Coal India’s arm Mahanadi Coalfields Ltd. The company has received the order from Mahanadi Coalfields Ltd (MCL) ” for pre engineered turnkey execution for design, supply, erection, commissioning and trial run with O&M…for coal evacuation system by […]
  • Eight core industries’ output contracts 2.6%

    The production of eight core sectors had recorded a growth of 0.7 per cent in November 2019, data released by the commerce and industry ministry showed on Thursday.
  • Centre to review anti-dumping duty on steel products

    New Delhi: The Commerce Ministry’s investigation arm DGTR has initiated a probe to review the need to continue imposition of anti-dumping duty on certain types of steel products imported from China, Korea, European Union, South Africa, Taiwan, Thailand and the US following complaints from domestic industry, according to a notification. Jindal Stainless Ltd, Jindal Stainless (Hisar) […]

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