JFE and JSW Open Joint Metallurgical Plant in India to Meet Steel Demand
The Japanese company JFE Steel Corporation, together with the Indian manufacturer JSW Steel Limited, has officially established a joint venture,…
India
India forecasts steel consumption growth to 260 million tons due to infrastructure development
India expects significant growth in domestic steel demand in the coming years, potentially reaching 260 million tons. This will be…
JSW Steel and POSCO to Establish Joint Steel Plant in Odisha, India
Indian company JSW Steel Limited and South Korean POSCO Group are joining forces to create a large steel manufacturing facility…
India Significantly Increased Export Duties on Diesel and Aviation Fuel
The Government of India has announced a substantial increase in the windfall tax on the export of two main types…
India Resumes Import of Iranian Oil Amid Hormuz Strait Blockade
India has resumed the purchase of Iranian oil after a multi-year hiatus, occurring against the backdrop of escalating tensions in…
Funds of Russian Oil Exporters in India Blocked Due to Lack of Withdrawal Mechanism
Russian oil exporters are unable to withdraw significant amounts of money earned from oil sales in India due to the…
Vale Expands Presence in India, Seeking New Opportunities in the Ore Market
The Brazilian mining company Vale is actively considering India as a key direction for the development of its business, aiming…
Russia and India Resume Liquefied Natural Gas Supplies for the First Time Since 2022
Russia and India have reached an agreement to resume direct supplies of liquefied natural gas (LNG), marking the first step…
Tata Steel Opens India’s First Scrap-Based Steel Plant
Tata Steel has officially launched India's first steel plant that operates entirely on scrap metal. The new facility, located in…
Six Ukrainians and a US Citizen Arrested in India on Suspicion of Collaborating with Rebels
A court in Delhi has ruled to keep six Ukrainian citizens and one US citizen in custody for 11 days.…