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Lloyds Metals weighs bigger steel bet, eyes up to 8 mtpa at Maharashtra unit

New Delhi, Aug. 27 -- Lloyds Metals & Energy Ltd is considering raising the capacity of its proposed steel plant in Maharashtra to as much as 8 million tonnes a year, as surging iron ore production bo... Read More


Reliance weighs plan to venture into aluminium

Mumbai, Aug. 26 -- Mukesh Ambani-led Reliance Industries Ltd (RIL) is evaluating a plan to venture into the aluminium industry, a sector that Gautam Adani-led Adani Enterprises Ltd entered with an $11... Read More


Ambani weighs aluminium foray, setting up potential Adani showdown

Mumbai, Aug. 25 -- Mukesh Ambani-led Reliance Industries Ltd (RIL) is evaluating a foray into the aluminium industry, a sector that Gautam Adani-led Adani Enterprises Ltd entered with an $11.5 billion... Read More


Ambani weighs aluminium entry, setting up potential Adani showdown

Mumbai, Aug. 25 -- Mukesh Ambani-led Reliance Industries Ltd (RIL) is evaluating a plan to venture into the aluminium industry, a sector that Gautam Adani-led Adani Enterprises Ltd entered with an $11... Read More


JSW Steel aims to eliminate iron ore imports as domestic supply improves

Kolkata, Aug. 21 -- JSW Steel, India's largest importer of iron ore, plans to gradually eliminate imports of the key steelmaking raw material as domestic supplies improve and new mines become operatio... Read More


Coal India mulls iron ore bids; eyes pellet plant

Mumbai, Aug. 18 -- Coal India Ltd is set to bid for more iron ore mines, depending on whether the blocks are financially viable, as the country's largest coal miner seeks to secure raw material for a ... Read More


India still lacks enough high-grade steel, leaving pipe makers relying on imports: Sminu Jindal

New Delhi, Aug. 17 -- India's steel industry is struggling to produce enough of the specialized grades used in oil and gas pipelines, leaving pipe makers such as Jindal SAW Ltd dependent on imports, s... Read More


Coal India weighs more iron ore bids as it plans a pelletization plant

New Delhi, Aug. 17 -- Coal India Ltd is set to bid for more iron ore mines, depending on whether the blocks are financially viable, as the country's largest coal miner seeks to secure raw material for... Read More


Hindalco beats Q1 estimates, remains cautious on bauxite auctions

Mumbai, Aug. 7 -- Mumbai: Hindalco Industries Ltd beat estimates in the June quarter but signalled it would not let buoyant profits dictate its bidding strategy, saying it will remain financially disc... Read More


JSW Steel and Tata Steel choose different growth paths-one bets on scale, the other on value

New Delhi, Aug. 7 -- India's two largest steelmakers are pursuing different routes to their next phase of growth, reflecting contrasting priorities in an increasingly competitive market. While JSW Ste... Read More