Ajoy Das
I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.
Free India’s SSTL secures environmental approval for construction of greenfield steel mill in Chhattisgarh
Free India’s RINL seeks to appoint contract agent to covert billets to flat steel products
Import scrap prices in India still on low side, but imports hit by weaker currency
Ex-India billet prices inch up amid improved activity, better mood among sellers
Free Indian government to invest $45 million in SAIL’s Salem steel mill
Local Indian rebar prices mostly stable, mild support from retail buying
Free India planning new three-year structured safeguard duty on steel imports
Free India’s OMC secures environmental clearance to expand Kurmitar iron ore mine to 6 million mt per year
Ex-India HRC prices stable, but trade stalls amid cautious Middle East and EU buying
Free India’s steel imports down 34% in Apr-Oct FY 2025-26, remains net importer
Local wire rod quotations in Indian market - week 48, 2025
Local Indian HRC prices show mixed trend with negative bias amid weak demand, oversupply
Local Indian CRC prices indicate varied trends amid negative outlook
Free Indian government working on royalty relief for beneficiation of low grade iron ore
Free MAN Industries inks MoU with Aramco Asia to develop steel pipe facility in S. Arabia
Free SAIL’s Bokaro mill inks agreement with defense lab for use of technology for special steel production
Free India’s steel ministry extends exemptions from QCOs for certain stainless product imports
Free Metso secures €11 million order to supply compact pellet plant to India’s Kuminex Steel
Ex-India pellet price stage recovery, trade muted by buyers’ resistance and better local sales
Free India’s HZL secures license to mine tungsten in Andhra Pradesh
Ex-India HDG prices stable, no deals in Middle East amid absence of discounts
Free India’s steel ministry likely to relax steel import monitoring system
Local rebar market shows divergent trends amid conflicting outlook
Ex-India billet market stable with no deals as sellers turn to improving local sales
Import scrap offer prices in India soften, but lower bids and preference for local sourcing keep trade silent
Free Goa successfully auctions idle iron ore dumps
Free Tata Steel to make Kalinganagar its largest steel mill with 16 million mt capacity
Ex-India HRC prices stable but trade falls silent as buyers seek discounts
Free India’s GPIL sees 22% rise in pellet output in H1 FY 2025-26
Local wire rod quotations in Indian market - week 47, 2025
Local Indian CRC prices weaken as restocking paused by large industrial users
Local Indian HRC prices drop again after short-lived stability
Free India’s DGTR recommends AD duty on imports of met coke from six countries
Free India’s NMDC Limited hikes iron ore lump price marginally, fines unchanged
Free India’s KIOCL Limited reports lower net loss in Q2 FY 2025-26
Free India imposes AD duty on HRC imports from Vietnam
Ex-India pellet prices soften as buyers from China retreat, sellers focus on better local sales
Ex-India HDG prices stable, but sellers more optimistic
Free India’s steel ministry issues green steel certificates to 25 mills to support decarbonisation and CBAM compliance
Free Tata Steel Limited sees 319% rise in consolidated net profit in Q2 FY 2025-26
Free India’s LMEL sees 90% rise in net profit in Q2 FY 2025-26
Some ex-India billet sellers try to nudge up offers considering market to have hit bottom
Import scrap prices in India weaken as buyers prefer local sourcing and avoid currency risks
Free India’s MOIL Limited sees 41% rise in net profit in Q2 FY 2025-26
Ex-India HRC prices fall in new discounted deals to Gulf, sellers still focus on Europe
Free India’s JSW Energy starts operating green hydrogen plant, supplies JSW Steel mill
Free India’s Jindal Stainless sees consolidated net profit rise 32% in Q2 FY 2025-26
Local India rebar prices stable but market shows signs of running out of steam as large buyers complete restocking
Free India’s JSW Steel sees 9% rise in consolidated crude steel output in Oct 2025
Local wire rod quotations in Indian market - week 46, 2025
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