A tragic explosion at the Clairton Coke Works steel plant in Pennsylvania on Monday has claimed the life of one person, left two workers unaccounted for, and injured several others. The blast occurred at the plant located outside Pittsburgh, sending shockwaves through the local community and prompting a large-scale emergency response. Authorities confirmed that the scene remains active, with rescue and investigation teams working around the clock to determine

A long-polluted Santa Clara County hillside is finally on the road to environmental recovery as Heidelberg Materials begins a major restoration project for Permanente Creek. For decades, the Lehigh Permanente Quarry and Cement Plant near Cupertino released pollutants that severely impacted the waterway, wildlife, and surrounding ecosystem. Now, after years of delays and community concerns, the company has outlined an extensive plan to restore approximately 1.7 miles of the creek, marking a si

The US dollar declined in early Monday trading, reversing some of the gains it posted last week, as investors responded to rising concerns about trade tensions and the potential for inflationary pressures. The latest drop followed the US administration's announcement to double tariffs on imported steel and aluminum to 50%, a move set to take effect this Wednesday. This aggressive shift in trade policy has reignited fears that economic growth could slow and inflation may spike.

President Donald Trump has announced plans to double tariffs on steel imports to 50%, up from the existing 25%, as part of his administration’s effort to reinforce domestic manufacturing and ensure long-term industrial independence. Speaking to American steelworkers during a visit to a steel facility in Pennsylvania, Trump emphasized that his administration remains committed to policies that protect American jobs and prevent foreign dominance in vital sectors. Trump’s

In a dramatic conclusion to the 2025 Tata Steel Masters, R Praggnanandhaa emerged victorious after a tense tiebreaker against fellow Indian player D Gukesh. Both players finished the 13th and final round tied at the top with 8.5 points each, despite suffering surprising losses in the final round—Gukesh lost to Arjun Erigaisi, and Praggnanandhaa fell to Vincent Keymer. This set the stage for an exc

In a significant development for the Visakhapatnam Steel Plant (Vizag Steel), the Union Government has announced a Rs 11,440 crore financial package to revive the struggling plant. This decision, approved by the Cabinet Committee on Economic Affairs (CCEA) under the leadership of Prime Minister Narendra Modi, marks a critical step towards revitalizing the steel plant that has been facing severe financial chal

India's government is investigating rising steel imports, particularly in two categories of flat-rolled steel products (HS 7208 and 7210), which account for over 75% of the surge in imports. Instead of implementing global safeguards, experts suggest that India should focus on Free Trade Agreement (FTA)-specific safeguards and measures targeting China. Many imports come duty-free under FTAs with coun

As part of its commitment to the NDA coalition's promises made prior to the elections, the central government is actively working to halt the disinvestment process of the Rashtriya Ispat Nigam Limited (RINL), commonly known as the Visakhapatnam Steel Plant. Under the leadership of Chief Minister Chandrababu Naidu, there are ongoing efforts to ensure the plant remains operational amid concerns over financial viability and raw material shortages. Recent reports indicate that the B

MSTC Ltd. has officially signed a share purchase agreement with Konoike Transport Co. Ltd. for the strategic disinvestment of Ferro Scrap Nigam Ltd. (FSNL), marking a significant milestone in the privatization process. This agreement comes after the Indian government approved the sale to the Japanese corporation for Rs 320 crore, exceeding the reserve price of Rs 262 crore set by the government based on valuation assessments. The announcement was made by the Secretary of the Departm

Savitri Jindal, the independent candidate and India’s richest woman, has achieved a remarkable victory in the Hisar Assembly constituency, defeating BJP's Kamal Gupta and Congress candidate Ram Niwas Rara by a margin of 18,941 votes. Expressing her gratitude, Jindal took to X, stating, “Abhaar Hisar Parivar” (Gratitude to the family of Hisar). At 74, Jindal's latest win marks her third successful campaign in Hisar, having previously won the seat in 2005 and

Amid growing concerns about the potential shutdown of Rashtriya Ispat Nigam Limited’s Vishakapatnam Steel Plant, the central government has intervened with crucial financial assistance aimed at reviving operations. Speculations had intensified after the closure of Blast Furnace BF-3, Annapurna, which sparked outrage among employees. The situation is dire, with only one of the three furnaces, Krishna, currently operational, and its available cooking coal expected to last only a few more

JSW MG Motor Pvt. Ltd. has made a groundbreaking move in the electric vehicle market by reducing the upfront acquisition cost of its cheapest electric car to under Rs 5 lakh. This reduction is achieved through an innovative battery-as-a-service (BaaS) program that unbundles the battery cost from the vehicle's price. The joint venture between India’s JSW Group and China’s SAIC Motor Co. has rolled out this program for its MG Comet and MG ZS EV models, making electric vehicle ow

The TDP coalition government, which was formed three months ago, is currently facing a significant challenge with the ongoing privatization of the Vizag Steel Plant (VSP). The central government's push for privatization has led to strong opposition from workers' unions, who have intensified their agitation against the move. Despite their relay hunger strikes and protests, the central government remains steadfast in its privatization agenda. In a recent devel