Thursday , 26 March 2026

Iron Ore

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Steel PSU capex to rise 44% in FY27 on improving demand outlook

Capital expenditure by steel public sector undertakings is set to rise sharply in FY27, led by SAIL and NMDC, as domestic demand improves...

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Budget 2026 Focus on Critical Minerals and Capex to Boost Metals and Mining

Union Budget 2026 outlines a strong policy and investment push for India’s metals and mining sector, with ₹12.2 lakh crore public capex, focus...

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NMDC Explores Coal Assets in Canada to Support India’s Steel Expansion

State-owned miner NMDC is exploring coal reserves in Canada to secure raw material supplies for India’s expanding steel sector, as the country pushes...

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SAIL Posts 60% Jump in Profit on Higher Volumes and Debt Reduction

Steel Authority of India Limited reported a strong improvement in profitability for the first nine months of FY26, supported by higher sales volumes,...

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India–Europe Free Trade Agreement Signals New Phase for Steel and Low-Carbon Growth

The India–EU Free Trade Agreement is expected to strengthen steel trade, expand economic engagement and accelerate cooperation in low-carbon steel, offering fresh momentum...

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Andhra Pradesh to Lay Foundation Stone for AMNS Steel Plant After February 15

Andhra Pradesh Chief Minister N Chandrababu Naidu said the foundation stone for the ArcelorMittal Nippon Steel plant in Anakapalli will be laid after...

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India’s steel scrap demand set to surge as capacity expansion accelerates

India’s steel scrap demand is poised for strong growth as the country moves towards 300 million tonnes of crude steel capacity by 2030-31,...

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Rashmi Group to Set Up ₹12,500 Crore Steel Plant in Telangana, AB InBev Expands Operations

Rashmi Group has announced a ₹12,500 crore investment to establish a major steel manufacturing plant in Telangana, while AB InBev plans to expand...

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India Pushes for EU Steel Scrap Access to Offset CBAM Impact

India is seeking easier access to steel scrap from the European Union in trade talks to ease the impact of the EU’s Carbon...