New Delhi, April 8 (IANS) 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, d…
Latest Steel Production News & Updates
Washington, April 3 (IANS) The White House said that new trade agreements, including with India, have helped rebalance global trade and reduce US deficits under Donald Trump’s tariff strategy.Marking one year since what it calls “Liberation Day”, the White House said the US economy is now more resilient, competitive and secure.“One year ago today, President Trump threw away the illusions of ‘free trade’ to finally put Americans and America First,” White House spokesman Kush Desai s…
Mumbai, Feb 21 (IANS) The PHD Chamber of Commerce and Industry (PHDCCI) in association with Metal X, hosted a conclave in which industry leaders on Saturday said scrap must be treated as a strategic commodity which can import dependence on other countries as OECD countries consider export restrictions.Vijay Sharma, Chair, Minerals & Metal Committee, PHDCCI and Director, Jindal called forecosystem formalisation through scrap processing clusters, integration of informal collectors into formal …
New Delhi, Feb 21 (IANS) India and Brazil on Saturday signed a memorandum of understanding (MoU) to enhance cooperation in the field of mining and minerals required for the steel sector.This partnership will support efficient preparation of steelmaking inputs, enable technology-led improvements across the steel value chain and strengthen resilience and sustainability of the India–Brazil steel supply chain.According to Ministry of Steel, it provides an institutional framework for strengthening …