Jindal Stainless Doubles Slag Processing Capacity with New Wet Milling Plant in Odisha
Jindal Stainless, India’s largest stainless steel producer, reached a major sustainability milestone with a new wet milling plant at its Jajpur facility in Odisha. The new unit doubles the company’s slag processing capacity and creates 140 new jobs in the...
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India’s Imported Stainless Steel Scrap Market Shows Mixed Trends
India’s stainless steel scrap market showed mixed trends last week. Domestic scrap prices rose as supply stayed tight, while imported scrap slipped slightly, especially in 304 grades, due to bid-offer gaps. BigMint assessed domestic 304-grade scrap at Rs 1,16,000 per...
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India Restores BIS Certification for Taiwanese Steel to Ease Supply Crunch
India has restored the Bureau of Indian Standards (BIS) certification process for Taiwanese stainless steel and steel products. The decision aims to clear long-standing supply bottlenecks and bring relief to domestic manufacturers struggling with persistent raw material shortages. The Ministry...
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Stainless Steel Producer Jindal Stainless Unveils Salt Tipper Trailer to Resist Corrosion
Jindal Stainless has launched a new Salt Tipper Trailer at its Technical Conclave in Gujarat. The innovation aims to solve long-standing problems in salt logistics, such as corrosion, high maintenance and short vehicle life. The company has built the trailer...
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India’s Stainless Steel Market Remains Stable amid Weak Demand and BIS Relief
India’s stainless steel (SS) finished flats and longs prices stayed unchanged this week as trading activity remained dull, especially in the longs segment. BigMint assessed 304-series hot rolled coils (HRCs) at Rs 1,92,000 per tonne ex-Mumbai, unchanged week-on-week. Prices of...
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Steel Ministry Puts Dual Certification Rule on Hold until December 2025
The Steel Ministry has suspended the dual certification rule for importing both finished steel goods and raw materials till December 31, 2025. This move aims to ease supply disruptions and give relief to micro, small and medium enterprises (MSMEs) struggling...
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