News
Indo-German Research Led by Uo H Cuts Energy Use in Steel Manufacturing
2+ hour, 30+ min ago (226+ words) The research was carried out under the Indo-German science and technology centre project "Steel4 LTC, involving academic researchers and industry partners from India and Germany. Hyderabad: A University of Hyderabad (UOH)-led Indo-German research project on energy-efficient steel manufacturing has been…...
India targets 400 MT steel capacity by 203536 under new policy
8+ hour, 36+ min ago (365+ words) India's steel sector is set for major expansion under the proposed National Steel Policy 2025, targeting 400 million tonnes capacity by 203536 while shifting toward sustainability. The plan also emphasises emission reduction, green technologies, and circular economy practices New Delhi: India's steel sector…...
India turns net importer of finished steel in April, data shows
9+ hour, 9+ min ago (124+ words) NEW DELHI, May 25 (Reuters) - India turned a net importer "of finished steel in "April, according to provisional government data reviewed "by Reuters on Monday. " India imported 0. 7 million metric tons of finished "steel in April, "up 30. 8% from a year earlier " India…...
FNI Profit Surges as Nickel Prices and Shipments Strengthen Operations
1+ day, 8+ hour ago (236+ words) FNI, one of the country's leading nickel ore exporters, continues to benefit from global demand for nickel. Global Ferronickel Holdings Inc. (FNI) reported a sharp rise in first-quarter earnings, driven by stronger nickel ore prices and higher shipment volumes from…...
SA steel sector faces collapse as cheap imports destroy jobs
1+ day, 8+ hour ago (806+ words) Global oversupply drives cheap steel imports, threatening SA's industry. South Africa's steel industry is facing mounting pressure as a flood of cheap imported steel undercuts local manufacturers, threatens thousands of jobs and accelerates the decline of one of the country's…...
US Steel: Strengthening Supply Chain With $1. 9bn Investment
1+ day, 9+ hour ago (573+ words) United States Steel Corporation has committed US$1. 9bn to construct a direct-reduced-iron facility at Big River Steel Works in Osceola, Arkansas. The facility could establish a vertically integrated supply chain linking the company's Minnesota mining operations to its Arkansas steel production…...
SA steel sector faces mounting pressure | Sunday Tribune - newspaper - Read this story on Magzter. com
1+ day, 19+ hour ago (454+ words) Steel production remains crucial to the manufacturing industry, but the sector is facing several challenges. SOUTH Africa's steel industry is facing mounting pressure as a flood of cheap imported steel undercuts local manufacturers, threatens thousands of jobs and accelerates the…...
Construction Costs Surge May 24: Iran Crisis Drives Inflation
1+ day, 22+ hour ago (317+ words) Supply chain disruptions force architects to adapt sourcing strategies. Transport and delivery expenses have become prohibitively expensive. Material production costs have risen significantly due to higher energy requirements. These compounding factors mean contractors must absorb losses or pass costs to…...
India drafts new steel policy targeting green, specialty output goals
2+ day, 13+ hour ago (168+ words) Indonesia to implement state-led coal export mechanism in phases, but supply squeeze is already biting Indonesia to route coal export through state enterprise, adding uncertainty to seaborne supply outlook Infographic | S. Korea coal imports in Apr 2026 Anglo American unloads coking coal…...
King's Award winner says new steel policy incentivising off-shoring - MM Media
2+ day, 6+ hour ago (91+ words) A King's Award-winning British steel fabricator has warned the Government's flagship steel protection policy contains a critical flaw which will drive manufacturing overseas. Fabweld Steel Products (FSP) says while the UK will impose significant import tariffs on raw steel, the…...