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BusinessApr 09, 2026 03:40 PM

India aiming to cut steel emissions by 25%, double capacity, document shows

NEW DELHI, April 9 (Reuters) - India's steel mills aim to cut carbon emissions by about a quarter over the next decade and reduce reliance on coal, while the world's second-biggest producer of the alloy plans to more than double output, according to a document seen by Reuters. Under the proposed "National Steel Policy 2025", India aims to cut emissions from steel mills to 2 metric tons of carbon dioxide per ton of finished steel by 2035-36, according to a draft cabinet note dated March 10, revi ...Read More >

Economic Times - Business - News Image
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BusinessApr 09, 2026 03:27 PM

India aiming to cut steel emissions by 25%, double capacity, document shows

New Delhi: India's steel mills aim to cut carbon emissions by about a quarter over the next decade and reduce reliance on coal, while the world's second-biggest producer of the alloy plans to more than double output, according to a document seen by Reuters. Under the proposed "National Steel Policy 2025", India aims to cut ⁠emissions ⁠from steel mills to 2 metric tons of carbon dioxide per ton of finished steel by 2035-36, according to a draft cabinet note dated March 10, reviewed by Reuters. ...Read More >

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BusinessApr 09, 2026 12:12 PM

SAIL Bokaro Begins Hydrogen Injection to Cut Steel Carbon Emissions

New Delhi: India's steel sector has taken another step toward decarbonization as SAIL Bokaro Steel Plant begins a hydrogen injection project in its blast furnace. The initiative follows the signing of an agreement with Forbes Marshall Private Limited and aligns with the country's broader push for sustainable industrial growth. The announcement, shared by the Ministry of Steel, Government of India, highlights India's growing focus on reducing carbon emissions from heavy industries. Steel product ...Read More >

NewsDrum - Business - News Image
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BusinessApr 08, 2026 08:57 PM

Steel consumption grows 7-8 pc in FY26 on strong demand from infra, manufacturing sectors

New Delhi, Apr 8 (PTI) The domestic consumption of finished steel grew by 7-8 per cent to 164 million tonnes in FY26 on the back of increased activity in infrastructure, construction, railways, and manufacturing sectors. The country's crude steel output grew by over 10.7 per cent to around 168.4 million tonnes during the financial year, reflecting sustained industrial momentum. "Domestic demand remained the key growth driver with finished steel consumption (164 MnT), expanding by about 7-8 per ...Read More >

Ommcom News - Business - News Image
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BusinessApr 08, 2026 05:55 PM

Indian Steel Industry Clocks Robust 10.7 Pc Growth In 2025-26 | Business

New Delhi: India's steel industry clocked a robust 10.7 per cent year-on-year growth in production at around 168.4 million tonnes during 2025-26, consolidating its position as the world's second-largest producer while navigating global uncertainties and price pressures, according to a statement issued by the Ministry of Steel on Wednesday. Domestic demand remained the key growth driver with finished steel consumption at 164 million tonnes, expanding by about 7-8 per cent, driven by increased ac ...Read More >

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BusinessApr 08, 2026 02:17 AM

Massive rally in EJH calls for regulated coal mining

KHLIEHRIAT/SHILLONG, April 7: Thousands of East Jaintia Hills residents poured on to the streets in a massive public rally on Tuesday, demanding the resumption of coal mining activities banned since 2014. From daily wage earners to business owners, residents of the region largely depend on coal-related activities for their livelihood. The rally and public meeting, organised by the Jaintia Coal Miners and Dealers Association (JCMADA), was held under the theme "Regulating Traditional Mining into ...Read More >

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BusinessApr 07, 2026 10:33 AM

Jindal Steel Turns to Syngas to Overcome Natural Gas Shortages

Jindal Steel pioneers the use of syngas in its steel production processes, offering a sustainable solution to natural gas shortages and promoting energy efficiency in the steel industry. IMAGE: Photograph: Wolfgang Rattay/ReutersKey PointsJindal Steel has successfully deployed syngas in galvanising and colour coating line furnaces to mitigate natural gas, LPG, and propane shortages.The company is the first in the steel industry to use syngas in these finishing processes, ensuring continuous ope ...Read More >

ODISHA BYTES - Business - News Image
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BusinessApr 06, 2026 10:22 PM

Jindal Steel Sets Up World's First Coal Gasification DRI Plant, Uses Syngas To Counter Natural Gas, ...

New Delhi: Jindal Steel achieved a global first by establishing India's first coal gasification-based Direct Reduced Iron (DRI) plant, using syngas for iron-making. In response to shortages of natural gas, LPG and propane, Jindal Steel has successfully deployed syngas in galvanising and colour coating line furnaces, marking the first such application in the steel industry. Jindal Steel has also injected syngas into its blast furnace, reducing dependence on imported coking coal and lowering car ...Read More >

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BusinessApr 06, 2026 05:12 PM

India's Jindal Steel lifts syngas use on propane crunch

Mumbai, 6 April (Argus) -- Indian producer Jindal Steel has started using synthesis gas (syngas) at its galvanizing and colour coating units to offset natural gas and propane shortages, the company said today. Jindal was previously using syngas to produce direct-reduced iron (DRI), but has now extended its use to downstream operations, a spokesperson told Argus. The shift comes in response to shortages of natural gas and propane stemming from the US-Iran war, which has hampered India's coated ...Read More >

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BusinessApr 06, 2026 02:43 PM

India coal auction prices rise on seaborne volatility

Singapore, 6 April (Argus) -- Premiums at India's domestic coal auctions rose sharply in March with industrial buyers moving to secure supply following a surge in seaborne coal prices and freight rates, led by the US-Iran conflict and pre-summer restocking by power utilities. State controlled Coal India (CIL) -- which meets about three-quarters of India's coal needs -- recorded an average premium of 45pc in its March electronic auctions over the notified prices applied to long-term contracted s ...Read More >

LatestLY - Business - News Image
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BusinessApr 06, 2026 02:40 PM

Business News | India's Metal & Mining Sector Set for Earnings Recovery Despite Geopolitical Headwin...

New Delhi [India], April 6 (ANI): India's metal and mining sector is poised for a near-term recovery, supported by improving domestic demand and a rebound in commodity prices, even as global geopolitical disruptions continue to shape supply dynamics, according to a recent report by Anand Rathi. The report highlighted that India remains structurally well-placed in the global metals cycle, driven by strong internal consumption trends. "India remains at the center of the global ferrous growth stor ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 06, 2026 02:32 PM

India's metal & mining sector set for earnings recovery despite geopolitical headwinds: Anand Rathi

New Delhi [India], April 6 (ANI): India's metal and mining sector is poised for a near-term recovery, supported by improving domestic demand and a rebound in commodity prices, even as global geopolitical disruptions continue to shape supply dynamics, according to a recent report by Anand Rathi. The report highlighted that India remains structurally well-placed in the global metals cycle, driven by strong internal consumption trends. "India remains at the center of the global ferrous growth stor ...Read More >

Free Press Journal - Business - News Image
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BusinessApr 06, 2026 09:22 AM

Jindal Steel Sets Up World's First Coal Gasification DRI Plant, Boosting Self-Reliance

New Delhi: Jindal Steel is positioning itself at the forefront of India's energy transition in steelmaking by scaling coal gasification technologies across its operations. The company has achieved a global first by setting up India's first coal gasification-based Direct Reduced Iron plant, using syngas derived from domestic coal for iron-making. This move represents a shift away from conventional fuel sources and underscores a strategic push toward self-reliance. By tapping into indigenous coal ...Read More >

Business Standard - Business - News Image
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BusinessApr 06, 2026 12:25 AM

SAIL's Rourkela plant posts record output across key units in FY26

Rourkela Steel Plant (RSP), a unit of the Maharatna company Steel Authority of India Limited (SAIL), has registered its best-ever performance in 2025-26, achieving record output across key production units and setting new benchmarks in techno-economic efficiency. Sources said the plant posted its highest-ever April-March performance in blast furnace operations, with both blast furnace-1 and 5 recording peak production levels. Blast furnace-1 produced 10.7 lakh tonnes of hot metal, while blast f ...Read More >

Abtak.com - Business - News Image
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BusinessMar 31, 2026 03:34 AM

India seeks steelmaking raw material from Argentina, Indonesia, Oman, sources say

NEW DELHI, March 27 (Reuters) - India will hold talks with Argentina, Indonesia and Oman next month as it seeks to boost supplies of steelmaking raw materials such as coking coal and iron ore, and access technology, two sources with direct knowledge told Reuters. The talks are expected to begin next month at a global steel summit, described by the Indian government as the country's largest international conference-cum-exhibition, said the sources who did not wish to be identified as the plan wa ...Read More >

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BusinessDec 17, 2025 06:34 PM

Shipments to US outpace India's overall export growth

India's exports to the US in November rose 22% on-year to $6.98 billion, despite the 50% tariff that Washington levies on imports from India since August. This is faster than the 19.38% growth in India's total outbound shipments in November and 2.62% in April-November. New Delhi: Led by engineering goods, chemicals and farm products, India's merchandise exports to the US rose 11.38% on-year in April-November FY26 at $59.04 billion, reflecting strong momentum in India-US trade ties, data release ...Read More >

Abtak.com - Business - News Image
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BusinessDec 17, 2025 03:34 PM

AMNS India targets 25 mtpa by 2030 amid input cost pressures

MUMBAI : ArcelorMittal Nippon Steel India Ltd (AMNS India) has set an ambitious expansion roadmap for the rest of the decade, targeting 25-26 million tonnes of steelmaking capacity by 2030, its chief executive Dilip Oommen said in an interview. "By 2030, we will have at least 25-26 million tonnes. It could be a little more or less. It's simple math: Hazira plus Rajayepeta," he said. The 60:40 joint venture between Lakshmi Mittal-led ArcelorMittal and Japan's Nippon Steel, which has a capacity ...Read More >

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BusinessDec 17, 2025 02:41 AM

Crackdown on illegal coke plants: 17 demolished in West Khasi Hills

NONGSTOIN, Dec 16: The West Khasi Hills district administration with support from the district police demolished 17 illegal coke plants that were earlier flagged to be without any form of consent from authorities, a delayed report said here on Tuesday. The latest phase of demolition from December 1-3, comes more than two years after the state launched an all-out effort to clamp down on illegal coke factories that had mushroomed across Shallang and neighbouring areas in the district. The coke p ...Read More >

english.varthabharati.in - Business - News Image
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BusinessDec 16, 2025 10:51 AM

IPL 2026 to be held between March 26-May 31 window

Mumbai (PTI): The rupee plunged 9 paise to a record low of 90.87 against the US dollar in early trade on Tuesday, weighed down by sustained FII outflows and no breakthrough in the India-US trade deal. However, a weaker greenback and a decline in global crude oil prices capped further losses in the domestic unit, according to forex traders. At the interbank foreign exchange, the rupee opened at its all-time low of 90.87 against the US dollar, down 9 paise from its previous close, and traded in ...Read More >

NewsDrum - Business - News Image
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BusinessDec 15, 2025 08:36 PM

Rupee slumps 29 paise to close at all-time low of 90.78 against US dollar

Mumbai, Dec 15 (PTI) The rupee on Monday crashed to its lowest-ever level of 90.80 before settling at a new all-time low of 90.78 against the US dollar, registering a loss of 29 paise over its previous close, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows. Forex traders said prevailing risk-averse market sentiment, compounded by strong US dollar demand from importers, further dented investor sentiment. At the interbank foreign exchange, the rupee o ...Read More >

NewsDrum - Business - News Image
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BusinessDec 15, 2025 06:04 PM

India's exports rise 19.37 pc in Nov; trade gap shrinks to 5-month low

New Delhi, Dec 15 (PTI) India's exports rebounded by 19.37 per cent to USD 38.13 billion in November after contracting in October, driven by higher shipments of engineering and electronics goods that helped bring down the trade deficit to a five-month low of USD 24.53 billion. According to government data released on Monday, the country's imports dipped by 1.88 per cent to USD 62.66 billion due to a fall in the inbound shipments of gold, crude oil, coal, and coke during the month under review. ...Read More >

Abtak.com - Business - News Image
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BusinessOct 28, 2025 12:34 PM

JSW Steel looks to boost raw material security with new iron ore, coking coal assets

The company is increasing its stake in an Australian coking coal asset and acquiring a project in Mozambique. Domestically, JSW Steel is expanding iron ore mining in Karnataka and Goa. New mines are set to begin production soon. JSW Steel is ramping up efforts to enhance its in-house raw material availability through a mix of domestic expansion and strategic offshore acquisitions, Joint Managing Director and CEO Jayant Acharya has said. "We continue to strengthen that piece through a well-dive ...Read More >

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BusinessOct 24, 2025 02:46 PM

L&T bags orders from Hindalco, Tata Steel

Infrastructure major Larsen & Toubro (L&T) has secured significant orders from Hindalco and Tata Steel. L&T will set up an 180 KTPA aluminium smelter and gas treatment centre for Hindalco's Odisha project, and a coke oven battery for Tata Steel in Jamshedpur. These wins highlight L&T's expertise in the minerals and metals sector. New Delhi, Infrastructure major Larsen & Toubro (L&T) on Friday said it has bagged an order from Hindalco to set up an aluminium smelter for its upcoming project in Od ...Read More >

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BusinessOct 22, 2025 01:33 AM

Nagpur sees 21% spike in garbage, 1,540MT collected pre-Diwali | Nagpur News - The Times of India

Nagpur: With Diwali scheduled for October 21, Nagpur is witnessing a sharp rise in daily waste generation as households and markets ramp up pre-festive cleaning and shopping.Data from the Nagpur Municipal Corporation (NMC) shows that the city's garbage output, which averaged around 1,250-1,300 metric tonnes (MT) per day during normal months, has now crossed 1,500MT in certain zones, reflecting a clear surge in waste due to pre-Diwali activities.On October 14, the city generated a total of 1,540M ...Read More >

Abtak.com - Business - News Image
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BusinessSep 30, 2025 08:10 AM

August IIP: Industrial output grows by 4.0% YoY; mining sector leads growth - The Times of India

India's industrial sector recorded a steady growth of 4.0% year-on-year in August 2025, according to the Quick Estimates of the Index of Industrial Production (IIP) released by the ministry of Statistics and Programme Implementation. This marks an improvement over the 3.5% growth reported in July 2025. The overall IIP for August 2025 stood at 151.7, up from 145.8 in the same month last year.Among the core sectors, mining led the growth with a 6.0% increase, followed by electricity at 4.1% and ma ...Read More >

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BusinessSep 29, 2025 08:49 PM

Business News | All India Index of Industrial Production Recorded a 4% YoY Growth in August 2025 | L...

New Delhi [India], September 29 (ANI): India's industrial output, measured by the Index of Industrial Production (IIP), recorded a year-on-year growth of four per cent in August 2025, according to data released by the Ministry of Statistics and Programme Implementation on Monday. The growth in August came after the index had risen 3.5 per cent in July 2025. The Quick Estimates of IIP stood at 151.7 in August 2025, higher than 145.8 recorded in the same month last year. Also Read | TCS Layoffs: ...Read More >

ANI News - Business - News Image
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BusinessSep 29, 2025 08:34 PM

All India Index of Industrial Production recorded a 4% YoY growth in August 2025

New Delhi [India], September 29 (ANI): India's industrial output, measured by the Index of Industrial Production (IIP), recorded a year-on-year growth of four per cent in August 2025, according to data released by the Ministry of Statistics and Programme Implementation on Monday. The growth in August came after the index had risen 3.5 per cent in July 2025. The Quick Estimates of IIP stood at 151.7 in August 2025, higher than 145.8 recorded in the same month last year. "The index is compiled w ...Read More >

News Nation English - Business - News Image
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BusinessSep 29, 2025 08:33 PM

All India Index of Industrial Production recorded a 4% YoY growth in August 2025

New Delhi [India], September 29 (ANI): India industrial output, measured by the Index of Industrial Production (IIP), recorded a year-on-year growth of four per cent in August 2025, according to data released by the Ministry of Statistics and Programme Implementation on Monday. The growth in August came after the index had risen 3.5 per cent in July 2025. The Quick Estimates of IIP stood at 151.7 in August 2025, higher than 145.8 recorded in the same month last year. The index is compiled with ...Read More >

finanzen.ch - Business - News Image
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BusinessSep 29, 2025 08:21 PM

India Industrial Production Growth Slows In August

(RTTNews) - India's industrial output growth eased slightly in August after a spike in July, and growth was led by a strong performance in the mining sector and production of infrastructure goods, preliminary data from the statistical ministry showed on Monday. The industrial production index rose 4.0 percent year-on-year, which was far less than the 5 percent increase economists had expected. The pace of growth slowed from 4.3 percent in July, which was revised from the 3.5 percent initially ...Read More >

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BusinessSep 29, 2025 07:01 PM

India's Industrial Production grows 4.0pc in August, led by mining and electricity

New Delhi, Sep 29 (UNI) The Index of Industrial Production (IIP) growth rate for the month of August is 4.0 pc, which was 3.5pc (Quick Estimate) in the month of July 2025, said the Ministry of Statistics and Programme Implementation today. Growth rates of three sectors, Mining, Manufacturing, and Electricity, for the month of August 2025 are 6.0 percent, 3.8 percent, and 4.1 percent, respectively. "Quick Estimates of IIP stands at 151.7 against 145.8 in August 2024. The Indices of Industrial P ...Read More >

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