Mild Steel News Today

US oil and gas OCTG pipe prices stabilized at $2,563/t in June after a $289/t jump. US drilling rigs increased to 573, with US Steel investing $475 million in pipe capacity. Turkish welded pipe prices saw a slight rise.

Jindal Steel Limited announces the resignation of CEO Gautam Malhotra. He will leave the company on July 15, 2026 due to personal commitments. Company to initiate search for new CEO.

Land was allotted in 2007 by YSR to Karnataka ex-minister & Brahmani Industries promoter G. Janardhana Reddy for infra project. Reclamation now seen as political victory for TDP.

Weak steel demand pressured coal markets, causing imported thermal coal, PHCC, and some met coke prices to decline. Indonesian 5,000 GAR fell INR 400/t, South African RB3 dropped INR 550/t. Petcoke became competitive, while domestic coal remained stable.

An unauthorised Rs 3-crore bridge linking Churachandpur and Chandel districts, Manipur, raises security and regulatory concerns.

Tata Steel Limited informs stock exchanges about summons received by its Dutch subsidiary TSIJ for alleged pollution. Company claims significant reduction in incidents and calls allegations unjustified.

JSW Steel is expected to give the group's paint company a huge advantage when it approaches customers who need industrial coatings.

Naveen Jindal Group plans significant investments in Jharkhand's industrial sector. Over Rs 70,000 crore will fund steel, nuclear, and renewable energy projects. This initiative aims to boost manufacturing and create thousands of new jobs. Nuclear energy will provide reliable, clean power for industrial growth. The group's commitment reflects confidence in Jharkhand's economic future.

Naveen Jindal Group will invest over ₹70,000 crore in Jharkhand across steel, nuclear and solar energy projects, creating over 11,000 direct jobs.

Naveen Jindal Group announces Rs 70,000 crore investment in Jharkhand for steel, nuclear, and renewable energy projects, creating over 11,000 jobs.