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Stainless Steel News Today

Latest Market News Of Stainless Steel

Daily ReportNews

Annup Kashyap: "The biggest challenge for India's steel industry is balancing growth with decarbonization."

Annup Kashyap: "The biggest challenge for India's steel industry is balancing growth with decarbonization."

India's steel industry targets expanding capacity to 300 million tons by 2030 while facing decarbonization challenges, high green hydrogen costs, and the EU's Carbon Border Adjustment Mechanism.
India's steel ambitions face a coal reality check

India's steel ambitions face a coal reality check

India's growing steel sector faces energy security risks as Australia's metallurgical coal exports decline. To counter this, India is shifting towards scrap steel recycling and green hydrogen technologies.
[SMM Nickel Morning Briefing] CSRC focuses on channeling long-term capital into the market and regulating quantitative trading; the most-traded SHFE nickel contract consolidated higher in the morning session.

[SMM Nickel Morning Briefing] CSRC focuses on channeling long-term capital into the market and regulating quantitative trading; the most-traded SHFE nickel contract consolidated higher in the morning session.

CSRC focuses on long-term capital and quantitative trading. SHFE nickel rose 0.09% to 130,370 yuan/mt, expected 125,000-130,000 yuan/mt. Indonesia implements Single-Gate Export by Sept 2026. Stainless steel futures strengthened, spot destocked.
SAIL nod for Bhilai plant expansion

SAIL nod for Bhilai plant expansion

SAIL approved Bhilai Steel Plant's expansion from 6.8 to 10.2 MTPA at Rs 31,000 crore. The project, with a 42-month timeline, promises employment and will source raw materials from captive mines and other sources.
Kolkata Steel Expansion Drives Industrial Infrastructure 

Kolkata Steel Expansion Drives Industrial Infrastructure 

Kolkata's steel expansion gains pace with major engineering contracts awarded for facility upgrades. This aims to boost eastern India's industrial ecosystem, creating jobs and strengthening supply chains, while emphasizing environmental responsibility for sustainable growth.
Tata Steel to invest ₹10,000 crore in Jharkhand projects by 2028, creating 2,000 jobs

Tata Steel to invest ₹10,000 crore in Jharkhand projects by 2028, creating 2,000 jobs

Tata Steel will invest ₹10,000 crore in Jharkhand by 2028, creating 2,000 jobs. This includes ₹7,000 crore for HIsarna technology, aiming for 40 MTPA steel capacity and lower emissions.
Quality Assurance Programs, A Non-Negotiable for Akash Steel Crafts in Tube and Pipe Production

Quality Assurance Programs, A Non-Negotiable for Akash Steel Crafts in Tube and Pipe Production

Akash Steel Crafts reinforces stringent QAP, ASTM compliance, and specialized stainless steel pipe/tube manufacturing. Focusing on disciplined sourcing and quality control, they cater to sugar, fertilizer, chemical, and general manufacturing sectors, driving long-term growth.
US Slaps 25% Tariffs on Brazil, Coffee Spared but Bolsonaro Politicall... Patrick Alexander20-July-2026

US Slaps 25% Tariffs on Brazil, Coffee Spared but Bolsonaro Politicall... Patrick Alexander20-July-2026

US imposed 25% tariffs on Brazilian exports like steel, sugar, paper, effective July 22, sparing coffee. This move politically damages the Bolsonaro family, while President Lula gains support. Chemical commodity prices face volatility.
West Bengal Steel Plant Reshapes Regional Economy 

West Bengal Steel Plant Reshapes Regional Economy 

A ₹15,000 crore Bankura steel plant in Mejia, West Bengal, begins construction. With 2 million tonnes capacity, it promises thousands of jobs, reshaping the regional economy while balancing growth with environmental responsibility.
Ahmedabad Bullet Corridor Adds Steel Bridge Milestone

Ahmedabad Bullet Corridor Adds Steel Bridge Milestone

Ahmedabad's Bullet Train corridor achieved a milestone with an 80-metre, 1,000-tonne indigenous steel bridge installed over Anupam Flyover. This complex urban engineering feat strengthens India's high-speed rail progress and domestic manufacturing capabilities.

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