Jindal Stainless announced that its domestic service arm, Jindal Stainless Steelway Limited, won the “Green Material for Sustainable Tunnelling” award. The recognition came at the Tunnelling Asia Conference 2025. Moreover, the Tunnelling Association of India organised the event in New...
Read MoreAeroflex Industries Limited approved a major expansion plan at its board meeting on December 18, 2025. The company took this decision to meet future demand and strengthen its value-added manufacturing portfolio. Moreover, the expansion reflects Aeroflex’s growing focus on advanced...
Read MoreViraj Profiles has launched its ‘Near Zero’ Initiative at its Boisar manufacturing facility in Maharashtra. The move marks a strong step towards embedding sustainability into core operations. Moreover, the initiative places environmental responsibility at the centre of daily manufacturing practices....
Read MoreThe Indonesian Nickel Miners Association (APNI) plans cooperation with India to open new markets for nickel products. Currently, Indonesia sends around 90 per cent of stainless steel production to China. However, APNI aims to shift nearly 30–40 per cent of...
Read MoreThe global stainless steel industry recorded a value of US $111.4 billion in 2022. Moreover, projections place the industry at US $179.5 billion by 2030. The industry may grow at a CAGR of 6.2 per cent during 2024–2031. DataM Intelligence...
Read MoreIndia’s stainless steel scrap market remained under pressure during the week ending 12 December, as mills held sufficient inventory and avoided fresh bookings. As a result, trading activity across key regions stayed muted. Moreover, weak downstream demand continued to shape...
Read More