Steel News Monitoring

Published on May 6, 2025

IBC rules under review after scrapping of JSW Steel's BPSL acquisition

India is reviewing its insolvency regulations to ensure strict adherence to stipulated processes and timelines by key stakeholders to prevent cases like JSW Steel's acquisition of Bhushan Power and Steel (BPSL), said people close to the development. On …

Source: The Economic Times - Pending
Published on May 6, 2025

US tariffs to batter Thai steel industry

Sector already hit by cheap imports PUBLISHED : 6 May 2025 at 03:30 US President Donald Trump's tariffs are expected to deal a blow to the steel market, which is likely to see a decline in steel consumption, says the EAF Long Product Steel Producers …

Source: Bangkok Post - Center-right
Published on May 5, 2025

Trade commission protects legacy steel giant from competitive imports

The International Trade Administration Commission of South Africa (Itac) has imposed a 9% tariff on imported hot-rolled steel to protect domestic producers, in particular the legacy steelmaker ArcelorMittal South Africa (Amsa). The decision follows an …

Source: Mail & Guardian - Left-wing
Published on May 5, 2025

India proposes zero-for-zero tariffs on US steel and auto parts

Employee fill melted steel into a container inside a steel bar manufacturing factory at Viramgam, in the western Indian state Gujarat.PHOTO: REUTERS NEW DELHI – India has proposed zero tariffs on steel, auto components and pharmaceuticals on a reciprocal …

Source: The Straits Times - Pro-Government
Published on May 5, 2025

Tata Steel, Infosys, ELCOT, SIPCOT seek govt nod for partial cancellation of SEZs

Four SEZ developers have sought approval from the government for partial cancellation of their respective special economic zones (SEZs). A decision on these requests will be taken by an inter-ministerial Board of Approval (BoA) in its next meeting on May 9 …

Source: CNBC-TV18 - Center-left
Published on May 5, 2025

dtic imposes duties on hot-rolled steel in line with Itac determination

The Department of Trade, Industry and Competition (dtic) has published a notice in the Government Gazette to impose safeguard duties on imports of hot-rolled steel products. This is after the International Trade Administration Commission of South Africa ( …

Source: Engineering News - Neutral
Published on May 5, 2025

MSP Maree Todd to attend second No Ring of Steel meeting at Ardgay on Friday

A Sutherland wind farm campaign group will hold a second meeting on Friday in the presence of constituency MSP Maree Todd. Rosehall-based No Ring of Steel (NORoS) held a first meeting in Bonar Bridge in February, where Ms Todd was briefed on growing local …

Source: Northern Times - Pending
Published on May 5, 2025

Individual British politicians' 'absurd' anti-China rhetoric reflects 'arrogance, ignorance, twisted mindset': Chinese ...

A screenshot from the website of the Chinese Embassy in the UK The anti-China rhetoric of some individual British politicians is extremely absurd, reflecting their arrogance, ignorance, and twisted mindset, a spokesperson from the Chinese Embassy in the UK …

Source: Global Times - Gov't Propaganda
Published on May 5, 2025

JSW Steel may seek legal recourse against SC’s rejection of Bhushan Power & Steel acquisition

Apex court held that JSW should have completed the takeover only via equity instead of a mix of equity and optionally convertible debentures Sajjan Jindal–controlled JSW Steel, is likely to go for an appeal against the Supreme Court order after the latter …

Source: The Hindu Business Line - Neutral
Published on May 5, 2025

At WTO, US challenges India’s speciality steel PLI scheme

The US has questioned India’s Production Linked Incentive (PLI) scheme for speciality steel at the WTO suggesting that the subsidies may not be appropriate given the global over-capacity in the metal, sources said. India, however, maintains that the PLI …

Source: The Hindu Business Line - Neutral
Published on May 5, 2025

With JSW Steel-Bhushan deal scrapped, banks may have to take a hit to their balance sheets

Some Asset Reconstruction Companies too may be affected as they had taken over some of the banks’ exposure to BPSL. With the Supreme Court rejecting the ₹19,350-crore Resolution Plan of JSW Steel for Bhushan Power and Steel Ltd (BPSL), banks are staring at …

Source: The Hindu Business Line - Neutral
Published on May 5, 2025

India proposes zero duties on steel, pharma, auto parts in trade talks with US

India is also open to revising quality control orders seen by Washington as non-tariff barriers and has suggested a mutual recognition agreement on standards. These developments come amid broader US efforts to secure interim trade deals with key Asian …

Source: The Hindu Business Line - Neutral
Published on May 5, 2025

Chinese Steel Floods Brazilian Market Despite Protective Tariffs

Brazil’s steel industry faces mounting pressure as Chinese imports continue to surge despite protective measures. The Instituto Aço Brasil reports a dramatic 57.8% increase in Chinese steel imports during the first quarter of 2025. The country imported 1. …

Source: The Rio Times - Neutral
Published on May 5, 2025

Tata Steel & Infosys seek reduction in SEZ areas

Tata Steel and Infosys have requested the government for approval to reduce the sizes of their special economic zones (SEZs) due to change in their business plans. A call on their requests will be taken by the inter-ministerial board of approval for SEZs, …

Source: Financial Express - Neutral
Published on May 5, 2025

Pacific Steel Group prepares to forgo federal financing

The company behind a steel mill proposed in eastern Kern County is making alternative financing arrangements in case the Trump administration cancels the project's low-interest federal financing deal. An executive with San Diego-based Pacific Steel …

Source: Tehachapi News - California - Neutral
Published on May 5, 2025

Nifty 50 top losers today, May 5: Kotak Mahindra Bank, JSW Steel, ONGC, SBI and more

On May 5, 2025, Indian share markets closed on a positive note, with both benchmark indices ending the session in the green. The BSE Sensex gained 294.85 points or 0.37% to close at 80,796.84, while the NSE Nifty 50 advanced 114.45 points or 0.47% to …

Source: Business Upturn - Pending
Published on May 5, 2025

Steel plant gets $4.3 million in tax incentives for Alabama expansion

An international steelmaker with its North American headquarters in Mobile County is getting over $4.3 million in tax incentives to support a $74 million expansion project. SSAB announced Friday that it was expanding its heat treat capacity with the …

Source: AL.com - Alabama - Center-left
Published on May 5, 2025

Stainless steel panel switch

Stainless steel panel switch 30 April 2025 Switches, Relays & Keypads MEC Switches is proud to announce a new addition to the accessory program of MEC switches with the new Metalmec. The new cap has a stainless-steel front offering an aesthetic look …

Source: Dataweek - Neutral
Published on May 5, 2025

JSW Steel and Bhushan Power & Steel: A Judicial Order To Unscramble Eggs!

It is difficult to find another instance where a leading corporate that commands a market value of approximately Rs2.5tn (trillion), was censured in calumnious terms by the highest court of the land! The SC has come down like a ton of bricks on all the …

Source: Moneylife India - Neutral

06 days 02:48:04

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Published on May 6, 2025 - 21:33 GMT

AAlimousine Worldwide Enhances NYC Airport Transport Amid Rising Demand

As JFK & Newark airports see an 18% passenger increase, AAlimousine Worldwide upgrades its limo services with real-time flight tracking and premium amenities. BROOKLYN, NY, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- AAlimousine …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on May 6, 2025 - 21:03 GMT

2025 Providence Maritime Welding Competition Showcases Student Talent and Career Pathways in Shipbuilding

PMFG's Maritime Welding competition brought together students, educators, and industry leaders highlighting opportunities in shipbuilding & manufacturing. PROVIDENCE, RI, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- The 2025 …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on May 6, 2025 - 19:08 GMT

Southern California Industries Trust Interstate Advanced Materials Los Angeles for Expert Machining

Interstate Advanced Materials Los Angeles supports Southern California businesses with machining services designed to improve efficiency and reduce costs. LOS ANGELES, CA, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Interstate Advanced …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on May 6, 2025 - 18:00 GMT

BRANIFF AIRWAYS BOUTIQUE DEBUTS SPRING SUMMER 2026 COLLETION FEATURING END OF THE PLAIN PLANE PRODUCTS

Braniff Boutique Heritage Airline Online Store debuts its new Spring/Summer 2025 Collection of clothing and home products today DFW AIRPORT, TX, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Dallas-based Braniff Airways, dba Braniff …

Distribution channels: Aviation & Aerospace Industry, Consumer Goods ...
Published on May 6, 2025 - 18:00 GMT

Revopoint Trackit Tracking 3D Scanner is Launching on Kickstarter Soon

Discover the efficiency of marker-free 3D scanning with the Revopoint Trackit Optical Tracking 3D Scanner. CA, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Revopoint, a global leader in professional 3D scanning solutions, announces the …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on May 6, 2025 - 17:11 GMT

Eddie Dunn Appointed Interim President of VETS2INDUSTRY

Seasoned talent innovator and veteran–transition advocate to lead national nonprofit into next phase of growth WASHINGTON, DC, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- The Board of Directors of VETS2INDUSTRY (V2I) is pleased to announce …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on May 6, 2025 - 15:30 GMT

CareerSource Hillsborough Pinellas to Host a Military Expo Day

TAMPA, FL, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- CareerSource Hillsborough Pinellas (CSHP) will be holding a Military Expo Day on Tuesday, May 13, 2025, at CSHP’s Tampa Center at 9215 N. Florida Ave., Tampa FL, 33612 from 10:00 am – 1: …

Distribution channels: Agriculture, Farming & Forestry Industry, Aviation & Aerospace Industry ...
Published on May 6, 2025 - 14:17 GMT

American Institute of Nondestructive Testing Partners with American Welding Program to Expand Training Opportunities

AINDT teams up with AWP to offer welding courses, boosting NDT professionals' skills and career opportunities. BRAINERD, MN, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Brainerd, MN/Columbus, OH (May 5, 2025) – The American …

Distribution channels: Aviation & Aerospace Industry ...
Published on May 6, 2025 - 13:45 GMT

New BizjetInternet Installations on Global Express, Falcon 900, and Gulfstream IV

ASIP Tech Inc. Expands Market Reach with New BizjetInternet Installations on Global Express, Falcon 900, and Gulfstream IV ASIP Tech Inc (OTCMKTS:IPTK) NEW YORK, NY, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- ASIP Tech Inc. (USOTC: IPTK) …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on May 6, 2025 - 13:37 GMT

Experience Paris and Beyond in Style: Paris Platinum Offers Elite Chauffeur Travel During Paris Air Show 2025

Dedicated Chauffeurs Deliver Bespoke Mobility for the World’s Leading Airshows and Premier Events PARIS, FRANCE, May 6, 2025 /⁨EINPresswire.com⁩/ -- As France welcomes an exciting season of global gatherings—including the prestigious Paris Air …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on May 6, 2025 - 13:00 GMT

Hotel Riad Tizwa in Morocco expands to the coast with new beach apartment for rent in Essaouira

Riad Tizwa, known for its award-winning, design-led riads in Marrakech & Fes, is delighted to announce the opening of a brand-new beach apartment in Essaouira. MARRAKECH, MOROCCO, May 6, 2025 /⁨EINPresswire.com⁩/ -- Riad Tizwa, known for its …

Distribution channels: Aviation & Aerospace Industry, Culture, Society & Lifestyle ...
Published on May 6, 2025 - 12:30 GMT

Senergy Power Solutions — Formerly Solar Stik®: Same Mission, Stronger Message

ST. AUGUSTINE, FL, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Solar Stik®, a trusted provider of hybrid power solutions for mission-critical operations, is proud to announce its new name: Senergy Power Solutions. This transformation marks more …

Distribution channels: Aviation & Aerospace Industry, Energy Industry ...
Published on May 6, 2025 - 12:00 GMT

Splan Receives LenelS2 Factory Certification under the LenelS2 Open Access Alliance Program

Splan’s Unified Identity and Access Management (PIAM) Solution Interfaces with LenelS2’s OnGuard Access Control System FREMONT, CA, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Splan, a leading innovator in visitor and identity management …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on May 6, 2025 - 11:45 GMT

EBAD’s Spacecraft Dispensing Mechanisms Propel Amazon’s Project Kuiper into Orbit

EBAD powered the launch of Amazon’s first 27 Kuiper satellites with key tech, supporting global broadband and the future of space connectivity SIMSBURY, CT, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Ensign-Bickford Aerospace & Defense …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on May 6, 2025 - 10:53 GMT

Healthcare in India Set for a Major Overhaul with The Rescue Federation®’s Latest Projects

The Rescue Federation® is launching two key projects to make emergency help faster and teach people basic life-saving skills. NEW DELHI, DELHI, INDIA, May 6, 2025 /⁨EINPresswire.com⁩/ -- The Rescue Federation®, a leading provider of air, rail, …

Distribution channels: Aviation & Aerospace Industry, Emergency Services ...
Published on May 6, 2025 - 22:37 GMT

Grupo Aeroportuario del Pacifico Reports in April 2025 a Passenger Traffic Increase of 9.1% Compared to 2024

GUADALAJARA, Mexico, May 06, 2025 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces preliminary terminal passenger traffic figures for April 2025, compared with April 2024. For …

Distribution channels: Aviation & Aerospace Industry, Environment ...
Published on May 6, 2025 - 09:24 GMT

Aeras Aviation Strengthens U.S. Leadership with Strategic Appointments of Todd Jensen and Victor Lopez

MIAMI, FL, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Aeras Aviation, a rapidly expanding leader in the global aviation aftermarket, has appointed Todd Jensen as Executive Vice President of Strategy and Growth and Victor Lopez as Executive …

Distribution channels: Aviation & Aerospace Industry ...
Published on May 6, 2025 - 20:15 GMT

KULR Technology Group Sets First Quarter 2025 Earnings Call for Thursday, May 15, 2025 at 4:30 p.m. ET

HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in advanced energy management solutions, will hold a conference call on Thursday, May 15th at 4:30 p. …

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Published on May 6, 2025 - 14:00 GMT

Sun Country Airlines Will Participate in the Bank of America Industrials, Transportation and Airlines Key Leaders ...

MINNEAPOLIS, May 06, 2025 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) Chief Executive Officer Jude Bricker will be participating in a fireside chat at the Bank of America Industrials, Transportation & Airlines Key Leaders Conference 2025 on …

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Published on May 6, 2025 - 11:55 GMT

ParaZero Receives Significant European Order for SafeAir™ M4 Systems from Leading Drone Technology Distributor

Order reflects growing demand for ParaZero’s advanced drone safety solutions across the European commercial and enterprise sectors TEL AVIV, Israel, May 06, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "company” or “ParaZero …

Distribution channels: Aviation & Aerospace Industry, Media, Advertising & PR ...