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steel industry

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Indian Government Plans Rs 5,000 Crore Scheme to Help Steel Industry Adopt Green Technologies Commodities
Metals & Mining #government scheme#steel industry

Indian Government Plans Rs 5,000 Crore Scheme to Help Steel Industry Adopt Green Technologies

The Indian government is planning a Rs 5,000 crore scheme to support the steel industry's adoption of green technologies, according to a report by Business-Today (via Times of India). No further details have been provided.

Jul 8, 2026 1 source
Indian steelmakers enter multi-year capex cycle with 40% spending surge as 300 mn tonne target looms Commodities
Metals & Mining #indian steelmakers#capacity expansion

Indian steelmakers enter multi-year capex cycle with 40% spending surge as 300 mn tonne target looms

Indian steelmakers are entering a multi-year investment cycle, with top four producers increasing aggregate capex by 40% year-on-year to Rs 70,000 crore in fiscal 2027. The expansion supports India's target of 300 million tonnes steel capacity by 2030, backed by strong domestic demand and safeguard duties on imports. S&P Global warns that prolonged demand weakness poses a risk to prices and earnings.

Jun 14, 2026 1 source
Port Talbot Fire Disrupts Tata Steel Operations Logistics
Ports & Terminals #port talbot#tata steel

Port Talbot Fire Disrupts Tata Steel Operations

A significant fire at Tata Steel's Port Talbot plant has caused substantial damage to a production line, impacting operations. Emergency services are managing the situation, with local residents advised to stay indoors.

Jun 8, 2026 1 source