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Cold-rolled formed engineering solution cuts mining scrap by 80%: Experts

6+ day, 23+ hour ago  (200+ words) Cold-rolled formed engineering solutions are driving a sustainability shift in the mining sector as the process generates minimal scrap, which can reduce waste generation by up to 80 per cent compared to conventional methods, experts said. As the industry focuses on…...

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Thyssenkrupp, Jindal Steel sale talks falter on pension and energy costs

1+ mon, 2+ week ago  (439+ words) Business Standard Discussions of a possible sale of Thyssenkrupp's steel unit to Jindal Steel International could be called off due to differences over pension liabilities, investments and energy costs, four people familiar with the matter said. While talks over a…...

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Thyssenkrupp-Jindal steel sale talks 'not moving forward': Deputy chairman

1+ mon, 3+ week ago  (315+ words) Business Standard Talks to sell Thyssenkrupp's steel division to India's Jindal Steel International are not making progress and the long-awaited deal "must not be stalled for months, the German company's "deputy supervisory board chairman said on Friday. Juergen Kerner, who…...

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Building the Future of Steel: MPK Steels Enhances Capacity with Automation and Solar Expansion

2+ mon, 2+ week ago  (330+ words) Business Standard PNNNew Delhi [India], February 26: As a rapidly developing nation, India relies on companies that not only set ambitious targets but also consistently deliver on their commitments MPK Steels (I) Limited is one of them, which has steadily positioned itself…...

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Jatinder Mehra, who shaped India's steel growth story, passes away at 86

2+ mon, 2+ week ago  (241+ words) Business Standard Jatinder Mehra, a stalwart of India's steel and metals sector with a career spanning more than six decades, passed away on Tuesday He was 86. At the time of his death, Mehra was serving as Vice Chairman of the…...

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Aluminium prices drop to one-week low on report Trump may ease tariffs

2+ mon, 3+ week ago  (108+ words) Business Standard Aluminium prices drop to one-week low on report Trump may ease tariffs Aluminium hits one-week low on reports US may ease tariffs, while copper, zinc and nickel fall amid profit-taking and risk-off sentiment ahead of Lunar New Year…...

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CCI probing alleged cartelisation by steel makers, says FM Sitharaman

3+ mon, 3+ day ago  (236+ words) The Competition Commission is probing the alleged cartelisation by steel manufacturers and the investigation report has been shared with the parties concerned to provide their objections and suggestions in accordance with the competition law, the government said on Monday. The…...

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No single player controls prices: Tata Steel on CCI investigation report

3+ mon, 3+ day ago  (79+ words) Tata Steel says steel prices move in tandem globally as a commodity, rejects collusion claims, and flags cost pressures and improving demand outlook post Q3 FY26 No single player controls prices: Tata Steel on CCI investigation report Tata Steel says steel prices…...

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Pricing gains ahead for Tata Steel as demand improves in India and Europe

3+ mon, 3+ day ago  (119+ words) With domestic demand strengthening and European prices firming after CBAM, Tata Steel appears past the worst of pricing pressures, with Q4 FY26 expected to see sequential improvement With the worst in terms of pricing pressures behind Tata Steel, its outlook is expected…...

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Steel ministry signs "11, 887 crore Mo Us with companies under PLI 1. 2

3+ mon, 3+ day ago  (421+ words) The Steel Ministry signed Mo Us with 55 companies for 85 projects under PLI Scheme 1. 2, committing Rs 13, 203 crore in investments and 8. 7 million tonnes of capacity addition The Ministry of Steel on Monday signed Memoranda of Understanding (Mo Us) with 55 companies for 85 projects…...