India’s steel industry is entering a new phase of industrial expansion with the announcement of a US$9.6 billion investment by ArcelorMittal Nippon Steel to establish the country’s largest integrated steel plant in Anakapalli, Andhra Pradesh. The mega project is expected...
Read MoreMangalam Worldwide Limited (MWL), an integrated stainless steel company, is strengthening its focus on sustainable manufacturing through the expansion of renewable energy infrastructure at its facility. The company has successfully commissioned a 1.2 MW solar power system, while an additional...
Read MoreIndian stainless steel and piping solutions major showcased operational resilience during FY26 despite facing muted global demand, geopolitical uncertainties, and pricing pressures across the steel sector. During its Q4 FY26 earnings call, the company highlighted its strategic focus on high-value...
Read MoreThe growing focus on domestic shipbuilding in India by Mitsui O.S.K. Lines (MOL) is expected to create significant opportunities for the Indian stainless steel industry, particularly in the high-value marine-grade and specialty steel segments. Industry observers believe that increased local...
Read MoreShyam Metalics and Energy Limited is looking to strengthen its industrial footprint in Maharashtra, following a recent meeting between the company’s Chairman & Managing Director, Ms. Tanishi Agarwal, and Maharashtra Chief Minister Devendra Fadnavis. The discussion, shared by the company...
Read MoreThe US Department of Commerce (USDOC) has released preliminary findings in its administrative review of anti-dumping (AD) duties on welded stainless steel pressure pipe imports from India for the period between November 1, 2023, and October 31, 2024. According to...
Read More