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Wednesday, July 30, 2025
TopicSteel

Topic: steel

Indian steel industry was heavily protected, but Budget 2021 has changed that. Here’s why

Steel prices have surged, affecting Modi govt’s infrastructure push. Now, it has reduced duties to facilitate imports despite ‘atmanirbhar’ mission.

India’s iron & steel exports to China surge despite LAC tensions — $1.86bn trade in Apr-Aug

India’s total iron and steel exports in the first five months of this fiscal to China were more than three times the figure in the entire financial year 2019-20.

Bastar tribals back CM Baghel’s move, oppose privatisation of NMDC steel plant

Raipur: The tribal leaders in Chhattisgarh’s Bastar are planning to join forces to protest the privatisation plans of the under-construction NMDC Iron and Steel...

Lakshmi Mittal accuses fellow steel tycoons of hiding funds through sham transactions

Lakshmi Mittal has been engaged in a year long battle to acquire a $5.9 billion insolvent steelmaker owned by the Ruia's Essar Group.

Skyscrapers made of wood make a return, helped by Google

Timber is becoming more cost competitive as steel prices rise, and the use of pre-fabricated wood panels allows for quicker construction with less labor.

Posco, Hyundai Steel in India’s sight as Modi looks to boost local production

India is set to overtake the US as the world’s second-largest consumer of steel, and companies including Posco and ArcelorMittal are keen to tap this market. 

In global expansion bid, JSW Steel invests $1 billion in US

JSW Steel is betting that vibrant growth will underpin demand in overseas markets and complement a boom at home.

China’s pollution crackdown is helping Indian steel, graphite industries

Firms such as HEG, Graphite India and Finolex have benefited from China’s pollution control measures.

ArcelorMittal heads to court in battle over India’s steel market

Billionaire Lakshmi Mittal’s ArcelorMittal will challenge the eligibility of the VTB-led Numetal Ltd. group in bidding for Essar Steel India Ltd. 

Govt sets deadlines, stiff targets for SAIL top brass

With its financial health still far from impressive, the steel ministry has put the PSU on a tight leash.

On Camera

Meghnad Desai was a man of many passions. Marxian economics, politics to Bollywood

Meghnad’s interest went much beyond economics and politics. This is reflected in his writing, particularly after his retirement as a full-time LSE professor in 2003.

Govt’s earlier FDI limit of 74% in insurance sector has remained underutilised, Parliament told

In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.

India to get last of Spain-built C-295 next month, focus now on 1st India-made aircraft

New Delhi: The last of the C-295 transport aircraft that is replacing the ageing Avro fleet of the Indian Air Force (IAF) will be...

Modi’s Bharat vs Indira’s India: 11-yr report card of politics, diplomacy, economy, nationalism

As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.