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News
Coking Coal Cost Surge Squeezes Indian Steelmaker Margins
3+ week, 3+ day ago (318+ words) Rising global coking coal prices, up 25% this year, are putting significant pressure on the profit margins of Indian steel producers. With the country importing 95% of its coking coal needs, high input costs are complicating profitability. Investors are watching to see…...
Tata Steel Turns Steelmaking Byproduct Into Iron Supplement
1+ mon, 2+ week ago (236+ words) Whalesbook Tata Steel has announced a unique initiative to repurpose iron-containing byproduct, commonly generated during the galvanizing process of steel sheets Traditionally, such residues were repurposed for applications like red oxide pigments However, the company has now developed a patented…...
India Metals Sector Shifts to Recycling Amid Policy Support
1+ mon, 2+ week ago (285+ words) Whalesbook The Indian metals industry is undergoing a structural change as recycling takes center stage, replacing traditional extraction as the main focus for future growth According to a recent industry analysis, the sector is moving toward a model where access…...
Indian Steel Sector Targets Greener Production Amid EU Export Rules
1+ mon, 2+ week ago (303+ words) Whalesbook The Indian steel industry is entering a phase of transformation as global trade policies begin to prioritize environmental impact alongside traditional metrics like price and quality With the European Unionâs Carbon Border Adjustment Mechanism (CBAM) set to reshape…...
Siyaram Recycling Gets ₹2.3 Cr Brass Scrap Order from Saanvi Metal
2+ mon, 1+ week ago (299+ words) Siyaram Recycling Industries Ltd announced a new order worth ₹2.30 crore for supplying 'Brass Scrap Honey' to Saanvi Metal Craft. The transaction is not with a related party and is to be executed within 10 days. Siyaram Recycling Industries Ltd has received…...
India Urges EU to Ease Scrap Export Limits Due May 2027
2+ mon, 1+ week ago (331+ words) Whalesbook What Happened The Indian government has formally requested that the European Union provide relief from upcoming restrictions on metal scrap exports These new regulations, scheduled to take effect in May 2027, will effectively ban the shipment of non-hazardous scrap to…...