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Insights
Keep up to date with Industry News and Commodity Prices.

Tata Steel CEO: Indian recycling to become bigger than mining by 2050
The Indian recycling industry is set to become bigger than the Indian mining industry by 2050, presenting a host of opportunities to the company, Tata Steel Limited’s managing director and CEO T V Narendran said in a statement on Thursday, June 26.

India’s RINL seeks bidders to operate its sinter and raw material handling plants, triggering workers’ protests
Indian government-run steel producer Rashtriya Ispat Nigam Limited (RINL) has floated an expression of interest (EoI) seeking bidders for “comprehensive technical management and maintenance” of Sinter Plant -1 and “technological upkeep of wagon tipplers, total mechanic maintenance with housekeeping” of Raw Materials Handling Plant (RMHP) tipplers and stacking stream, triggering protests among trade unions and workers, company sources said on Thursday, June 26.

EURANIMI warns of uncertainty on imported stainless steel carbon values
As the EU’s Carbon Border Adjustment Mechanism (CBAM) nears its full implementation in January 2026, steel importers are facing serious financial uncertainty. The European Association of Non-Integrated Metal Importers & Distributors (EURANIMI) has warned that EU importers face major cost risks, up to €100/mt carbon - a critical margin in today’s highly competitive global market, due to the lack of clarity on benchmark values for stainless steel under the CBAM.
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