A leading Indian steel manufacturer has secured a ₹18,000 crore orderbook to supply pipes for the oil and gas sector. This major win puts the steel stock in focus as investors anticipate strong revenue visibility, improved margins, and expansion into global markets. The order, spread across domestic and international markets, underscores the growing demand for … Read more
The Indian government has announced plans to impose a five-year anti-dumping duty on Chinese electrical steel to curb unfair pricing and protect domestic producers. The move comes after investigations revealed that Chinese manufacturers were selling at below-market rates, hurting India’s steel sector. While the measure is expected to strengthen Indian steelmakers like JSW Steel and … Read more
The US steel crunch puts solar deployment plans at risk, creating delays, raising costs, and threatening America’s renewable energy transition. Steel, the backbone of solar projects, is in short supply due to global supply chain disruptions, rising domestic demand, and restrictive trade policies. Without urgent solutions—such as expanding domestic green steel production, recycling, and better … Read more
The high-speed steel (HSS) industry sector report outlook reveals that the market is poised for steady growth, fueled by rising demand in automotive, aerospace, industrial machinery, and energy applications. Despite challenges from substitutes like carbide tools, HSS remains an indispensable material due to its toughness, wear resistance, and cost-effectiveness. This report explores forecasts, key players, … Read more
Outokumpu, Europe’s leading stainless steel producer, has outlined its concerns about the stainless steel market amid weakening demand, rising costs, and global trade policy changes. The company has warned that oversupply, slowing construction activity, and stricter climate regulations could weigh on the industry’s profitability in the short term. Despite these concerns, Outokumpu believes stainless steel … Read more
The global steel industry is undergoing a transformation, with increasing pressure to cut emissions and adopt low-carbon solutions. Getting to greener steel requires a multi-pronged approach—shifting to renewable-powered furnaces, expanding recycling, introducing green hydrogen, and creating transparent carbon-tracking systems. This article explores what “green steel” means, why it matters, and how governments, companies, and investors … Read more
EMSTEEL has launched its TrueGreen sustainability identity, a bold initiative aimed at advancing low-carbon steel production and aligning with global decarbonization goals. The program represents a shift toward greener operations, increased recycling, and renewable energy integration in steelmaking. TrueGreen is not just a brand identity—it is a framework to track emissions, set measurable targets, and … Read more
JSW Steel’s Takeover of Bhushan Power and Steel The Supreme Court approval of JSW Steel’s takeover of Bhushan Power and Steel is a landmark decision in India’s insolvency resolution process. After years of litigation and multiple appeals, the apex court’s ruling allows JSW Steel to integrate Bhushan Power’s assets into its operations. The acquisition not … Read more
Vietnam’s steel industry is projected to see a surge in Q3 profits on the back of a rebound in steel prices and higher production output. After months of weak demand and squeezed margins, steelmakers such as Hoa Phat Group and Hoa Sen Group are reporting improved realizations and stronger sales. Domestic construction recovery, higher exports … Read more
Mahamaya Steel Industries Ltd (BSE: 513554) has hit a new 52-week high of Rs. 411 on September 25, 2025. The surge comes amid rising steel demand in India, government-led infrastructure push, and strong quarterly performance. The company, which manufactures structural steel products like angles, beams, and channels, has seen its market capitalization rise significantly. Analysts … Read more