Thursday , 25 June 2026

Steel Daily

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Siddaramaiah launches Rs 323 crore development works in Mysuru’s Varuna constituency

Karnataka Chief Minister Siddaramaiah inaugurated development projects worth Rs 323.04 crore in Mysuru’s Varuna constituency, reaffirming the government’s parallel focus on welfare schemes...

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Cement prices likely to rise sharply in early 2026 as demand and margins recover

India’s cement sector is expected to witness sharp price increases in early 2026, driven by improving demand, seasonal construction activity and a gradual...

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Steel producers brace for profit pressure as prices stay weak in December quarter

Indian steel producers are expected to report sequentially weaker profits in the December quarter as soft steel prices and higher input costs continue...

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Nuvoco Vistas posts strong Q3 performance, premium push and expansion plans drive growth

Nuvoco Vistas Corp reported a strong third-quarter performance, backed by record cement sales, rising premium product demand and steady progress on capacity expansion...

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Karnataka Maritime Board plans coastal ferry and Water Metro around Mangaluru

Karnataka Maritime Board has proposed a coastal ferry service between Mangaluru and Maravanthe and a Water Metro project to ease congestion, boost tourism...

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NCL Industries Records Steady Cement Growth Amid Mixed Demand Trends

NCL Industries reported a 5 per cent year-on-year rise in cement production in Q3 FY26, even as demand softened across cement boards and...

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India Turns Net Exporter of Finished Steel in April–December, Exports Rise 33%

India emerged as a net exporter of finished steel during April to December of the current financial year, supported by higher shipments, policy...

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JSW Steel Posts 6% Rise in Q3 FY26 Crude Steel Output Amid Capacity Expansion Drive

JSW Steel reported a 6% year on year rise in consolidated crude steel production to 7.48 million tonnes in Q3 FY26, reflecting steady...

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Steel Companies Line Up ₹4,000 Crore IPO Pipeline as Safeguard Duty Improves Market Visibility

India’s steel and steel-linked companies are preparing to raise around ₹4,000 crore through IPOs over the next 12–18 months, supported by the government’s...

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Supreme Court Ruling Brings Relief to Industries on Off-Road Equipment Taxation

In a landmark judgment, the Supreme Court of India has ruled that specialised off-road construction equipment used within industrial premises cannot be automatically...