Steel Industry
An aluminum crisis is roiling the auto industry
America’s top-selling vehicle, the Ford F-150, bears the brunt of metal-supply-chain woes.
4 min read4 May 2026Despite price recovery, Tata Steel postpones UK breakeven by another 12 months amid rising costs
The development underscores Tata Steel’s delicate balancing act in the UK, where it has struggled with structurally higher costs, including energy and logistics, even as market conditions begin to improve.
3 min read9 Apr 2026NMDC’s rally may be about more than iron-ore price hikes
A fresh bump in ore prices has lifted the miner’s stock, yet record output, a 100-MT expansion plan and a pivot towards critical minerals may matter more for the longer-term rerating.
2 min read9 Apr 2026SC to decide if coke breeze imports qualify for duty exemption for steelmakers
Conflicting CESTAT rulings have pushed the top court to decide whether coke breeze qualifies as metallurgical coke, a call that could reshape tax treatment and costs for steelmakers.
2 min read1 Apr 2026Quote of the Day by steel tycoon Lakshmi Mittal, ‘Entrepreneurship is about being able to face failure…’
Quote of the Day, 31 March: Steel tycoon Lakshmi Mittal, executive chairman of ArcelorMittal, shares his philosophy on entrepreneurship. He says success comes from being able to face failure, manage failure, and ultimately succeed after failing.
4 min read31 Mar 2026India’s carbon trading plan for steel industry slows as emissions data gaps force reset
Inconsistent plant-level reporting has derailed baseline setting, delaying India’s carbon trading rollout as policymakers race to align with EU carbon rules and avoid double compliance costs.
3 min read20 Mar 2026Steel Ministry to host global steel leaders in April at Bharat Steel 2026
The Bharat Steel 2026 summit in New Delhi will gather senior political leaders and industry experts to discuss India's ambitious steel capacity goals of 300 MT by 2030 and 400 MT by 2035, alongside the global steel supply chain's future challenges.
1 min read16 Mar 2026Quote of the day by Andrew Carnegie on the key to gain wealth: 'The way to become rich is to put all….'
Renowned entrepreneur and philanthropist Andrew Carnegie suggested the key to becoming wealthy. Check quote of the day by Andrew Carnegie — a pivotal figure in America’s industrial rise.
2 min read26 Feb 2026Tata Steel to source at least half its ore from captive mines after leases end 2030: CEO T.V. Narendran
Tata Steel aims to source half of its iron ore from captive mines after 2030, down from the current 100%—marking a change in strategy due to rising auction prices. The company is also working on overseas sourcing and recycling operations, although higher market dependency may raise costs.
4 min read23 Feb 2026India backs carbon capture push to shield steel exports from EU carbon tax
Minister H.D. Kumaraswamy says subsidies and a domestic carbon market could help secure EU recognition under CBAM, though analysts warn the allocation may offer limited near-term relief.
4 min read12 Feb 2026Wait for it…
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