Market Updates
Odisha Unveils Steel Expansion Plan: Eyes 130 MT Output, 70% Iron Ore Share by 2030
Odisha Chief Minister Mohan Charan Majhi has presented a grand vision to make the state India’s steel hub with a huge capacity increase...
UltraTech Cement Aims at ₹10,000 Cr FY26 Capex, Achieve 212 MT Capacity by FY27
UltraTech Cement is lining up FY26 capex of ₹9,000–10,000 crore, sharply focusing on scaling up operations as well as driving efficiency, said the...
Engineers, Builders Protest Sharp Hike in M-sand, Gravel, and Cement Prices Across Tamil Nadu
Civil engineers and contractors in Tamil Nadu have strongly protested the steep increase in prices of major construction materials M-sand, gravel, and cement....
UltraTech Cement Q4 Net Profit Goes Up to ₹2,474.79 Crore on Rising Sales Volumes
UltraTech Cement Ltd, India’s biggest cement manufacturer, reported a consolidated net profit of ₹2,474.79 crore for Q4 ended March, up from ₹2,258.58 crore...
TN Stone Quarry Owners Reduce M-Sand, P-Sand Prices by ₹1,000 per Tonne
In a big relief to the construction industry, the Tamil Nadu Stone Quarries, Crusher Units and Lorry Owners Association has consented to reduce...
India Pushes for Overseas Raw Material Acquisitions to Boost Steelmaking Capacity
India is actively seeking Indian companies to acquire raw material assets overseas, in an attempt to integrate India’s steel supply chain as it...
Jindal (India) Ltd Launches Al-Zn Coated Steel Coils for Solar Sector, Plans Major Expansion
B.C. Jindal Group’s downstream steel products major Jindal (India) Ltd has entered the renewable energy market with the launch of its aluminium-zinc (Al-Zn)...
India Seeks Increased Steel Export Access in Current FTA Negotiations: Piyush Goyal
India is aggressively seeking better trade terms to increase its steel exports through current Free Trade Agreement (FTA) negotiations with several global partners,...
India Targets 300 MT Steel Output by 2030 Amid Quality Push, Safeguard Duty
India will be towards 300 million tonnes (MT) of steel production by 2030, as compared to the current capacity of 200 MT, Steel...
Cement Industry Sees 7.5% Growth This Year on Infra Drive and Rural Housing Demand
India’s cement demand is projected to grow 6.5-7.5% in FY26, driven by increased infrastructure spending, rural housing push, and higher budget allocations under...
