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Railways to acquire forged wheel plant from RINL for Rs 2,300 cr
This is part of a larger plan to achieve self-sufficiency in wheel production
Steel demand boom to continue in FY24
The sector has witnessed double digit demand growth rate of 11 to 13% during 3 consecutive years, says MirenLodha, Director Research, Crisil
Tension in RINL as staff protests against JSPL MoU
Heavy police force was deployed; barbed fencing was done as agitating employees raised slogans against management decision
NINL running at 100% capacity now
It was home to snakes, scorpions when acquired by Tata Steel, says Sudhir Kumar Mehta, MD & CEO
RINL defends deal with Jindal on 3rd furnace
Says it’ll enhance output; It helps RINL generate addl revenue from increased sales of 1 lakh tonnes of saleable steel; Blast Furnace-3 is scheduled...
Primary steel industry to face challenges amid weak mkt
Domestic hot rolled coil (HRC) prices have corrected by 6.7 per cent since early October 2023, while the rebar prices witnessed a fall of 4.7 per cent...
Steelmakers to play key role in making India a $5-trn economy
Experts deliberate on challenges, opportunities ahead for steel industry at CII meet
Steel industry to be major gainer in election year
As General Elections beckon, the Union Government is likely to increase investments both at the state and central level.
