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MIDC Moves To Secure 3000 Hectares For Steel Mega‑Project

MIDC Moves To Secure 3000 Hectares For Steel Mega‑Project

MIDC initiates land acquisition for JSW Group's ₹1 lakh crore, 25 million tonne steel mega-project in Gadchiroli. Securing 3,000 hectares across 14 villages, this aims to transform eastern Maharashtra's industrial landscape and create jobs.
India: BigMint's coking coal index falls $10/t w-o-w in recent trade, bearish market sentiments

India: BigMint's coking coal index falls $10/t w-o-w in recent trade, bearish market sentiments

BigMint's coking coal index fell $10/t w-o-w to $250/t CNF Paradip on Feb 27, 2026, due to bearish sentiments. Australian PHCC also dropped $6/t. Indian met coke and rebar prices saw marginal increases.
Base-spec Tata Punch EV Smart image gallery

Base-spec Tata Punch EV Smart image gallery

The base-spec Tata Punch EV Smart features LED lighting, 15-inch steel wheels, and a 30kWh battery. It charges 10-100% in 12 hours with a 15A charger, but lacks infotainment and a sunroof.
Carbon capture risks leading Indian steel down a technological dead end

Carbon capture risks leading Indian steel down a technological dead end

India's ₹20,000 crore ($2.2 billion) CCUS investment for steel risks high emissions and met coal dependence. CCUS has a poor track record (Al Reyadah captures 25%); green hydrogen and scrap recycling offer better decarbonization.
Iron ore prices edged up slightly, while expectations for environmental protection-driven production restrictions strengthened

Iron ore prices edged up slightly, while expectations for environmental protection-driven production restrictions strengthened

Iron ore futures rose 0.27% to 750.5 yuan/mt, and spot prices increased 2-3 yuan/mt. Expectations for environmental production restrictions strengthened, leading to moderate trading activity.
Global giant Tata Steel is using a heat battery to curb emissions

Global giant Tata Steel is using a heat battery to curb emissions

Tata Steel deployed a 20-MWh heat battery at its Jamshedpur plant, reducing 22,000 metric tons of CO2 and 110 GWh of fossil gas annually. This innovative system repurposes waste heat, marking a significant step towards greener steel production in India.
CISA mills’ daily crude steel output up 4.3% in mid-Feb, stocks also up

CISA mills’ daily crude steel output up 4.3% in mid-Feb, stocks also up

China's large and medium steel mills saw daily crude steel output rise 4.3% to 2.029 million mt in mid-February. Finished steel inventories also surged 19.9% to 18.12 million mt by February 20.
Global steel, raw material prices diverge in Feb'26; Chinese New Year, Ramadan impact trade

Global steel, raw material prices diverge in Feb'26; Chinese New Year, Ramadan impact trade

Global steel and raw material prices diverged in Feb'26 due to holidays. Iron ore fell 10%, coking coal rose 7%, and Indian HRC to EU surged 11%. Outlook for March sees mixed trends.
Proterial to set up India's 1st amorphous electrical steel plant at Sri City in Andhra Pradesh

Proterial to set up India's 1st amorphous electrical steel plant at Sri City in Andhra Pradesh

Proterial India invests ₹1,350 crore in Andhra Pradesh for India's 1st amorphous electrical steel (Metglas) plant. It will reduce transformer core losses by 20-30%, curb 16.64% T&D losses, create 500 jobs, and leverage PLI.
Can Utility Global Change India's Steel Future?

Can Utility Global Change India's Steel Future?

Utility Global's $100M funding deploys H2Gen, offering India's steel, refining, and chemical sectors a decarbonization path. Producing clean hydrogen from industrial off-gases, it aids India's 2070 net-zero goal.

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