Steel Daily
Vedanta Aluminium Reports Record Q1 Profit of ₹5,629 Crore, Announces ₹8 Interim Dividend
Vedanta Aluminium Metal Limited reported a sharp rise in Q1 FY27 earnings, with net profit reaching ₹5,629 crore and revenue climbing to a...
Vedanta Iron And Steel Returns to Profit in Q1 FY27 as Revenue Climbs 18% to ₹3,662 Crore
Vedanta Iron And Steel Limited reported a strong turnaround in the first quarter of FY2026-27, posting a consolidated net profit of ₹121 crore...
Fixxly Raises $5.5 Million to Bring 30-Minute Construction Material Deliveries to Bengaluru
Construction materials quick commerce startup Fixxly has secured $5.5 million in seed funding from Accel, Fireside Ventures and Lightspeed India Partners. The company...
SAIL, Krakatau Steel plan $350 million stainless steel slab plant in Indonesia
India's state-owned Steel Authority of India Limited (SAIL) and Indonesia's Krakatau Steel are planning to jointly invest up to $350 million in a...
Havelock Bridge Redevelopment: Andhra Pradesh Sanctions ₹47 Crore to Transform Heritage Landmark into Tourism Hub
The Andhra Pradesh government has approved a ₹47 crore redevelopment project for the historic Havelock Bridge across the Godavari River. The initiative aims...
Indian Steel Industry Must Accelerate Decarbonisation, Technology Adoption to Stay Globally Competitive: Steel Ministry
India's steel industry must accelerate decarbonisation, strengthen technology and R&D, and diversify export markets to remain globally competitive amid changing global trade regulations,...
Vedanta Invites Global Suppliers for Aluminium Busbar Project Under USD 20 Billion Expansion Plan
Vedanta Group has invited experienced aluminium manufacturers and fabricators to partner in supplying and fabricating 200,000 MT of aluminium busbars for its USD...
Raghu Vamsi Aerospace to Invest Over ₹600 Crore in Telangana Superalloy Manufacturing Facility
Raghu Vamsi Aerospace Group will invest over ₹600 crore to establish a 50-acre integrated superalloy manufacturing facility in Telangana. The plant, designed with...
SAIL approves ₹31,000 crore expansion of Bhilai Steel Plant to boost capacity to 10.2 MTPA
SAIL has approved a ₹31,000 crore expansion of its Bhilai Steel Plant in Chhattisgarh, increasing capacity from 6.8 MTPA to 10.2 MTPA. The...
Government’s Specialty Steel PLI Scheme Attracts ₹23,896 Crore Investment, Creates Over 14,000 Jobs
India's Production Linked Incentive (PLI) Scheme for Specialty Steel has attracted ₹23,896 crore in investments and generated 14,138 jobs as of March 2026,...
