Saturday , 2 May 2026

Metal

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Ranipet Set to Host First Car Manufacturing Plant at SIPCOT

Ranipet district is set to enter India’s automotive manufacturing map as Chief Minister M K Stalin inaugurates the first car manufacturing plant at...

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Vizag Steel Plant Returns to Profit After Years of Financial Stress

Visakhapatnam Steel Plant has staged a strong turnaround, reporting a profit of Rs 54 crore in January 2026, backed by government support and...

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US Tariffs to Continue on Indian Steel, Aluminium and Copper Despite Trade Deal

Despite a reduction in reciprocal tariffs on Indian goods, the United States will continue imposing steep 50 percent duties on steel, aluminium and...

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US Cuts Tariffs on Indian Goods to 18% After Modi-Trump Talks

The United States has announced a sharp reduction in tariffs on Indian goods, cutting rates from 50% to 18% following talks between President...

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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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₹10,000 crore container manufacturing scheme unveiled in Budget

The Union Budget has announced a ₹10,000 crore container manufacturing scheme aimed at building global capacity, strengthening India’s logistics ecosystem, reducing import dependence...

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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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Economic Survey Flags Global Price Pressures, Raw Material Risks for India’s Steel Sector

India’s steel sector continues to show strong growth momentum driven by domestic demand, but faces mounting challenges from global price pressures and raw...