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Sept 29 (Reuters) - Tata Steel (TISC.NS), opens new tab has signed a non-binding pact with the government of Netherlands to transition to low-carbon emission steel production at its IJmuiden plant, the Indian steelmaker said on Monday. The plant is among the largest polluters in the country and Tata has been in talks with the Dutch government for months over subsidies to help it clean up production processes. The government intends to provide up to 2 billion euros ($2.35 billion) under the pac ...Read More >
The Enforcement Directorate (ED) alleged that the B C Jindal group and its promoters transferred around ₹505 crore abroad through sham transactions. Searches were conducted at 13 Delhi premises of the group and its directors for suspected FEMA violations, including round-tripping via overseas entities Topaz Enterprise DMCC and Garnet Enterprise DMCC. ED claimed inflated valuations facilitated the transfers. The Enforcement Directorate (ED) on Wednesday alleged that the B C Jindal group of comp ...Read More >
ANGUL: Jindal Steel on Friday commissioned the 5 million tonne per annum (MTPA) Bhagavati Subhadrika Blast Furnace-II at Angul, notching up a milestone of sorts in India's steelmaking industry. The ceremonial blow-in was led by company chairman Naveen Jindal. Commissioning of the blast furnace also makes Angul the largest single-location steel facility in the country. The steel maker said Bhagavati Subhadrika Blast Furnace, with a volume of 5,499 cubic metre, ranks among the world's largest an ...Read More >
Angul: Jindal Steel has marked a major milestone in India's steelmaking industry by blowing in a 5 MTPA blast furnace. This achievement was realised with the commissioning of the Bhagavati Subhadrika Blast Furnace - II. The ceremonial "blow-in" was led by Chairman of Jindal Steel Naveen Jindal, establishing Angul as the largest single-location steel facility in the country. The Bhagavati Subhadrika Blast Furnace, with a useful volume of 5,499 m², ranks among the world's largest and most advanc ...Read More >
New Delhi, Sep 2 (SocialNews.XYZ) Coal production from India's captive and commercial mines during April to August of the financial year 2025-26 has recorded a robust 11.88 per cent growth over the same period of the previous year, while dispatches of coal from mines have risen by 9.12 per cent during these five months. These positive trends indicate enhanced operational efficiency and more effective utilisation of mining capacity across the sector, according to a statement issued by the Minist ...Read More >
New Delhi, Aug 20 (SocialNews.XYZ) The combined index of India's eight core industries increased by 2 per cent in July this year compared to the same month of the previous year, according to data released by the Commerce and Industry Ministry on Wednesday. The production of steel, cement, fertiliser, and electricity recorded positive growth in July, the official statement said. The eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Producti ...Read More >
Aug 18 (Reuters) - JSW Steel (JSTL.NS), opens new tab and South Korea's POSCO (005490.KS), opens new tab have entered a deal to explore setting up an integrated steel plant in India, the country's largest steelmaker by market capitalisation said on Monday. The steelmakers are yet to finalise the location and its financial details, but flagged that Odisha state is among the key locations being considered for the 6 million tonne per annum (MTPA) capacity plant. Last year, the two companies enter ...Read More >
Mumbai/Bangalore: South Korean steelmaker POSCO Holdings and JSW Steel Ltd intend to spend ₹70,000-80,000 crore ($8-9 billion) to set up a 6 million tonne per annum steel plant possibly in Odisha, two executives said. A 900-acre land that JSW Steel purchased in Odisha during the April-June quarter could be used for the project, they said, declining to be identified. JSW Steel chief executive Jayant Acharya had said earlier that no project had been finalised for the land. "This (the land) is c ...Read More >
Mumbai, Aug 4 (SocialNews.XYZ) Adani Ports and Special Economic Zone Limited (APSEZ) on Monday reported an 8 per cent year-on-year (YoY) rise in cargo volumes for July, handling 40.2 million metric tonnes (MMT). The growth was led by a strong 22 per cent jump in container volumes, according to company's operational performance update in a stock exchange filing. For year-to-date (YTD) till July, the company handled 160.7 MMT of total cargo, up 10 per cent from the same period previous year, wit ...Read More >
Union Commerce & Industry Minister Piyush Goyal said in a series of social media posts that he held meetings with the textiles, steel producers in Mumbai and those from the engineering goods sector to discuss strategies for exports. In a post on X, Goyal said, "Held an engaging and forward-looking interaction with the champions of India's agriculture, food-processing and seafood sectors -- the true architects of our food and nutritional security. We discussed a wide range of strategies to scale ...Read More >
Amritsar, July 18 (SocialNews.XYZ) Leader of Opposition in Punjab and Congress lawmaker Partap Singh Bajwa, on Friday demanded that Chief Minister Bhagwant Mann immediately convene an all-party meeting in Amritsar to discuss continuing threats to the Golden Temple through threatening emails. Speaking after paying obeisance at Sri Harmandir Sahib, where he was accompanied by Congress MP Gurjeet Singh Aujla, Sukhwinder Singh Danny Bandala and other Congress leaders, Bajwa said that he met with of ...Read More >
Mumbai: JSW Steel Ltd reported better-than-expected profit for the June quarter, driven by higher production and sales volume as well as lower cost of coking coal, a key ingredient. The steelmaker's first-quarter profit jumped to ₹2,209 crore from Rs.867 in the same quarter a year ago, according to the company's exchange filings. A key reason for this was improved steel prices, primarily due to the government's 12% safeguard duty to protect the industry from cheap steel imports from China. "St ...Read More >
Tirupati (Andhra Pradesh) [India] July 17 (ANI): In a shocking incident in Madhya Nayanapalli village of Pakala mandal, a man named Giri allegedly murdered his wife and two daughters and then attempted to take his own life. According to police reports, Giri and his wife, Hemalatha, had two daughters. In a heinous act, Giri reportedly pushed his wife and daughters into a well. A family member stated that he received a call informing him that Giri had thrown his wife and children into a well. Wh ...Read More >
New Delhi (ABC Live): methane emissions from coal mines: The United Nations Environment Programme's International Methane Emissions Observatory (IMEO), strongly supported by the Australian government, has launched a pioneering global project. Its goal is to improve the accuracy of methane emissions from coal mines. This is the first comprehensive effort to enhance tracking and reduce methane emissions from coal mining and steel production. Coal mining is a major methane source, releasing about ...Read More >
NEW DELHI (Reuters) -India's iron ore imports are expected to rise this year, driven by increased demand from JSW Steel, the country's largest steelmaker by capacity, as falling global prices make overseas purchases more attractive, traders and analysts said. "We expect this year's iron ore imports to be around 8-10 million metric tons, largely by JSW Steel," said Dhruv Goel, chief executive of commodities consultancy BigMint. India's iron ore imports totalled around 6 million tons last year, ...Read More >
London/New Delhi, Jul 14 (PTI) Tata Group Chairman N Chandrasekaran on Monday held the ground-breaking ceremony at Port Talbot in the UK to kickstart the construction of a GBP 1.25 billion green steel project to cut down carbon emissions by 90 per cent at the site. The company is transitioning from the blast furnace route to the low-emission electric arc furnace process, which will utilise the locally available scrap. "Tata Steel UK today celebrates a historic milestone in its green transforma ...Read More >
Bengaluru : Tata Steel UK today celebrates a historic milestone in its green transformation journey as Mr Natarajan Chandrasekaran, Chairman of Tata Steel and the Tata Group, joins government ministers at a groundbreaking event for the company's state-of-the-art Electric Arc Furnace (EAF) facility in Port Talbot. Mr Chandrasekaran will be joined by Tata Steel CEO and Managing Director T. V. Narendran and Tata Steel UK CEO Rajesh Nair, where they will officially break the ground with spades, mar ...Read More >
New Delhi : Jindal (India) Limited, part of the B.C. Jindal Group and one of India's leading downstream steel product manufacturers, has received Letter of Approval (LoA), through its wholly owned subsidiary, Jindal India Steel Tech Limited (JISTL), for setting up a green-field steel manufacturing plant in Dhenkanal, Odisha. The company received the project approval during the High-Level Clearance Authority (HLCA) meeting, chaired by the Hon'ble Chief Minister of Odisha, Shri Mohan Charan Majhi. ...Read More >
New Delhi, July 7, 2025: Jindal (India) Limited, part of the B.C. Jindal Group and one of India's leading downstream steel product manufacturers, has received Letter of Approval (LoA), through its wholly owned subsidiary, Jindal India Steel Tech Limited (JISTL), for setting up a green-field steel manufacturing plant in Dhenkanal, Odisha. The company received the project approval during the High-Level Clearance Authority (HLCA) meeting, chaired by the Hon'ble Chief Minister of Odisha, Shri Mohan ...Read More >
Mumbai: Steelmakers who also mine their own iron ore, such as Tata Steel and Steel Authority of India Ltd (SAIL), are likely to see their margins dip more than their peers as prices of both steel and iron ore are on a downward trend, analysts said. This is because of the fixed costs associated with their mines -- in contrast to players like Jindal Steel and Power Ltd and JSW Steel Ltd -- who buy raw material from third party suppliers, thus exporting a part of the margin squeeze to these vendor ...Read More >
New Delhi [India], July 3 (ANI): The Indian Chamber of Commerce (ICC) on Thursday hosted the 14th India Minerals and Metals Forum in New Delhi. The event focused on the vital role of green steelmaking and the circular economy in steering India's steel industry towards a sustainable, low-carbon future. The forum convened policymakers, industry leaders, and experts to deliberate on green steel's potential in decarbonising India's steel sector, currently the second largest in the world and a signi ...Read More >
The Indian Chamber of Commerce (ICC) on Thursday organized the 14th India Minerals and Metals Forum in New Delhi, spotlighting the pivotal role of green steelmaking and the circular economy in guiding India's steel industry towards sustainability. The forum brought together policymakers, industry executives, and experts to explore how green steel can help decarbonize India's steel sector, the world's second-largest and a major contributor to global CO2 emissions. Discussions centered around int ...Read More >
New Delhi, Jul 3 (PTI) Calling for protectionist measures to check cheap steel imports, Jindal Stainless Managing Director Abhyuday Jindal on Thursday said that the country has sufficient steel production capacity to meet the local demand. Jindal also said that in addition to the US and Europe, countries with very low steel production are also adopting protective measures. It is very important to protect "our country," Jindal said while addressing an Indian Chamber of Commerce's event here. " ...Read More >
New Delhi: The Ministry of Steel clarified on Wednesday that it has issued Quality Control Orders for the enforcement of 151 BIS Standards. The last Quality Control Order was issued in August 2024, and no new Quality Control Order has been issued since then. The ministry made it clear that its order dated June 13 is merely to clarify that in the case of intermediate material for manufacturing of final products under BIS Standards, steel products will also have to follow BIS Standards prescribed ...Read More >
Jamshedpur, July 2: Tata Steel held its 118th Annual General Meeting (AGM) on July 2, where the company's Chairman addressed shareholders with a comprehensive overview of the company's performance, challenges, and strategic direction. The meeting opened on a solemn note, acknowledging recent losses within the Tata Group and paying tribute to significant figures whose contributions shaped the company. "There is a lot to talk about today," said the Chairman. "But I must begin by acknowledging the ...Read More >
New Delhi, Jul 2 (PTI) Tata Steel is confident of completing its transition to green steel manufacturing in the UK and Netherlands as per schedule, the company's Chairman N Chandrasekaran said on Wednesday. He made the remarks while addressing the shareholders at the company's 118th Annual General Meeting (AGM). Also Read | Iran's President Masoud Pezeshkian Approves Law to Suspend Cooperation With IAEA Following Israel, US Strikes. "...we remain confident that the transition to green steel m ...Read More >
New Delhi: Coal production from the country's captive and commercial mines shot up by a robust 16.4 per cent to 46.01 million tonnes during the first quarter (April-June) of the financial year 2025-26 from 39.53 million tonnes in the same quarter of the previous year, according to official figures released on Wednesday. The dispatches of coal from these mines rose by 13 per cent to 51.63 million tonnes in the April-June quarter of the current financial year compared to 45.68 million tonnes in t ...Read More >
Bengaluru - In what is being hailed as the largest industrial transformation in Dutch history, Tata Steel Nederland has submitted its Environmental Impact Assessment (EIA) to the Province of North Holland - marking a major milestone in its ambitious Green Steel plan. The comprehensive report lays bare the environmental and health implications of Tata's plans to overhaul its steel production at the Ijmuiden site. The new steel plant, which will operate using natural gas and green electricity ins ...Read More >
Jamshedpur: Tata Steel Nederland (TSN) has submitted its Environment Impact Assessment (EIA) to the province of North Holland. The report lays bare the environmental and health implications of the Steel Major's plans to overhaul its steel production at the Ijmuiden site. "The new steel plant, which will operate using natural gas and green electricity instead of coal, is expected to slash CO₂ emissions by 5 million tonnes," the company said in a press release on Monday.With future integration of ...Read More >
New Delhi, June 30 (SocialNews.XYZ) Prime Minister Narendra Modi on Monday highlighted the growing strength of India's steel industry that is playing a key role in propelling the country's infrastructure, defence, electric mobility and clean energy sectors. Referring to Steel Minister H.D. Kumaraswamy's post on X about how India's policy push and innovation are shaping the country's journey to becoming a global steel leader, the Prime Minister, in a post on X, wrote: "From infrastructure and de ...Read More >
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