Wednesday , 6 May 2026

Industrial

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West Asia tensions push up costs for India’s steel industry, says Tata Steel MD T V Narendran

Rising geopolitical tensions in West Asia are increasing freight, insurance, and fuel costs for India’s steel sector, putting pressure on margins and downstream...

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Rising Raw Material Costs Hit Coimbatore Pump Set Industry, Daily Output Falls Sharply

The pump set manufacturing industry in Coimbatore is facing severe pressure as rising copper, steel and electricity costs force companies to increase prices,...

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India targets 25% cut in steel sector emissions by 2035 under new policy push

India’s proposed National Steel Policy 2025 aims to reduce carbon emissions from steel mills by around 25% by 2035–36 while doubling capacity to...

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India Hot Rolled Coil (HRC) prices may rise by ₹3,500 per tonne in April amid raw material cost pressure

Domestic steel manufacturers are likely to increase hot-rolled coil prices by ₹3,500 per tonne in April as rising iron ore, coking coal and...

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Chennai Real Estate Sees Strong Housing and Office Growth in Q1 2026 Despite Retail Slowdown

Chennai’s real estate market posted a mixed performance in Q1 2026, with strong growth in residential sales and office leasing, while retail leasing...

IndiaIndustrialInfrastructureMarket UpdatesNewsSteel Daily

H.D. Kumaraswamy calls for innovation-led growth in India’s steel sector at SRTMI workshop

Union Steel Minister H.D. Kumaraswamy has urged industry leaders, researchers, and startups to accelerate innovation, green steel technologies, and indigenous capabilities to strengthen...

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Tata Steel hits record 23.48 million tonnes crude steel output in India in FY26

Tata Steel has reported its highest-ever annual crude steel production in India at 23.48 million tonnes for FY26, driven by strong demand across...

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Shyam Metalics shares jump 7.7% on strong Q4FY26 sales growth

Shyam Metalics shares surged 7.7 per cent in intraday trade after the company reported robust March and Q4FY26 sales growth, driven by strong...

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Jindal Steel Achieves Global First with Large Scale Syngas Deployment in Steelmaking

Jindal Steel has become the first steel company globally to deploy coal gasification based syngas across multiple stages of steelmaking operations, strengthening sustainability...

IndiaIndustrialMetalNewsSteel Daily

West Asia conflict pushes steel, aluminium prices up 20–25%, raises construction cost concerns

The prolonged conflict in West Asia has triggered a sharp 20–25% rise in steel and aluminium prices, increasing cost pressure on India’s construction...