Saudi Arabia stainless steel market poised to reach US$ 9.25bn by 2030
Saudi Arabia stainless steel market report 2024–2032 predictions a CAGR of 8.89 per cent. With infrastructure development booming and industrial advancements, the market is set to grow significantly. The Saudi Arabia stainless steel market is experiencing remarkable growth, driven by...
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Rathi Steel & Power surges 5% after board approves Rs 50cr stainless steel project
Rathi Steel & Power announces a forward integration project to produce stainless steel wires and bright bars, driving stock gains. Rathi Steel & Power shares surged by 5 per cent after the company revealed plans for a forward integration project....
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Jindal Stainless celebrates World Mental Health Day
Jindal Stainless celebrates World Mental Health Day with wellness activities, promoting mental well-being across its corporate and plant locations. Jindal Stainless marked World Mental Health Day with a series of engaging activities at its corporate office and plant locations, aiming...
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Shyam Metalics sees 90% surge in SS production
Shyam Metalics and Energy reported a significant 90 per cent y-o-y growth in stainless steel production, reaching 8,175 MT in September 2024, along with strong gains in aluminium foil and speciality alloys output. Shyam Metalics and Energy announced a remarkable...
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Antam acquires 30% stake in Tsingshan’s Smelter for $102mn
Indonesian state-owned miner PT Aneka Tambang (Antam) ANTM.JK has secured a 30 per cent stake valued at $102 million in a smelter operated by a subsidiary of Chinese stainless steel leader Tsingshan Holding Group. Indonesian state-owned miner PT Aneka Tambang...
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Jindal Stainless, CJ Darcl join forces for sustainable logistics solutions
Innovative stainless steel containers set to revolutionise green logistics, thanks to a new collaboration between Jindal Stainless and CJ Darcl. In a pioneering move towards sustainable transportation, Jindal Stainless, India’s largest stainless steel manufacturer, has partnered with CJ Darcl Logistics...
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