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Mild Steel News Today

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11th steel bridge installed for Mumbai-Ahmedabad bullet train

11th steel bridge installed for Mumbai-Ahmedabad bullet train

The Mumbai-Ahmedabad bullet train project installed its 11th steel bridge (70m, 670 tons). The 508 km corridor, costing Rs 1.08 lakh crore, aims for 2h 7m travel, with 320 km viaduct complete by Sep 2025.
Domestic Flat Steel Prices Continue to Slide Amid Weak Demand and Import Ease

Domestic Flat Steel Prices Continue to Slide Amid Weak Demand and Import Ease

Domestic flat steel prices continue to slide due to weak demand and relaxed imports. HRC ex-Mumbai fell ₹500/t to ₹46,500/t, while CRC dropped ₹200/t to ₹54,800/t week-on-week, amidst high inventories.
Demand for steel in India remains on a growth trajectory

Demand for steel in India remains on a growth trajectory

India's steel demand is projected to grow 7-8% in FY2025/2026, fueled by construction. Capacity hit 205 million tons/year, aiming for 300 million tons/year by FY2030/2031, facing green steel and raw material challenges.
India’s Power Ministry Honors M.P.K. Steels for Pioneering Energy-Efficient Manufacturing Technology

India’s Power Ministry Honors M.P.K. Steels for Pioneering Energy-Efficient Manufacturing Technology

M.P.K. Steels (founded 2006) is honored by India's Power Ministry for pioneering energy-efficient manufacturing. The award ceremony is scheduled for 15 November 2025 in Jaipur, recognizing its leadership in sustainable steel production.
India: BigMint's coking coal index inches up w-o-w on global cues

India: BigMint's coking coal index inches up w-o-w on global cues

India's coking coal index rose $6/t to $219/t CNF Paradip. Domestic met coke saw mixed trends, with eastern prices up INR 300/t to INR 31,800/t. BF rebar dropped INR 700/t to INR 46,600/t, while HRC prices varied.
Ministry of Steel suspends enforcement of quality control order on multiple steel standards

Ministry of Steel suspends enforcement of quality control order on multiple steel standards

Ministry of Steel suspended quality control enforcement for 42 steel standards for three years and 13 speciality steel standards for one year, following HLC-NFRR recommendations to support industries and self-reliance.
Iron ore extends fall on softer China demand, set for second weekly gain

Iron ore extends fall on softer China demand, set for second weekly gain

Iron ore futures declined for a second straight session on Friday. The fall was attributed to softer demand and shrinking steel margins in top consumer China, impacting global prices.
Steel sector needs more investment in RandD, use of AI for overall growth: Kumaraswamy

Steel sector needs more investment in RandD, use of AI for overall growth: Kumaraswamy

Union Minister H D Kumaraswamy urged increased R&D investment and AI adoption for India's steel sector growth at a 'Chintan Shivir'. Stakeholders discussed technology, operational excellence, and infrastructure to boost competitiveness.
Steel Ministry extends QCO exemptions for select imports to March 2026

Steel Ministry extends QCO exemptions for select imports to March 2026

Steel Ministry extends QCO exemptions for specific Chapter 73 steel and stainless steel flat products to March 31, 2026, ensuring market availability as domestic production scales up.
China expands BHP iron ore ban to new product as talks drag, sources say

China expands BHP iron ore ban to new product as talks drag, sources say

China's state-owned buyer expanded its ban on BHP iron ore to a new product, adding to an existing ban. This escalates tensions amid ongoing contract negotiations with steel mills and traders.

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