Sunday , 28 June 2026

Steel Daily

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Kamdhenu Reports Record H1FY26 Profitability, Optimises Capital for Future Growth

Kamdhenu Limited, India’s largest branded TMT bar player, has reported record H1FY26 profitability with 28% PAT growth and 14% PBT margins, while strategically...

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India Likely to Ease Steel QCOs, Suspend BIS Certification for 55 Grades

The Steel Ministry is preparing to suspend BIS certification requirements for 55 steel grades, easing raw material sourcing for industries and addressing shortages...

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CRISIL Sees Moderate 2–4% Growth for Construction Equipment Sector as Revenue Outlook Remains Positive

India’s construction equipment industry is expected to witness subdued volume growth over the next two financial years, according to the latest assessment by...

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DHL Announces EUR 1 Billion Investment to Strengthen India’s Logistics and Digital Infrastructure

DHL Group will invest EUR 1 billion, roughly ₹10,329 crore, in India by 2030 to expand logistics capacity, digital operations, low-emission facilities, EV...

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Kumaraswamy Urges Centre to Back Industrial Parks to Boost Karnataka Manufacturing

Union Minister H D Kumaraswamy has appealed to the Centre to set up industrial parks across Karnataka to drive manufacturing growth, attract investment...

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India’s Industrial Warehousing Market Rebounds Strongly in Q3 2025, Led by Mumbai and NCR

India’s industrial warehousing sector recorded a strong revival in the third quarter of 2025 with 9.2 million sq ft of leasing activity, rising...

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India Imposes Five-Year Anti-Dumping Duty on Vietnamese Hot-Rolled Steel to Protect Domestic Market

India has imposed a five-year anti-dumping duty on Vietnamese hot-rolled steel after DGTR confirmed underpriced imports were harming local producers, ensuring stronger market...

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Prestige Estates Reports Strong Q2 FY26 Performance with 95% Surge in Net Profit

Prestige Estates reported a 95 percent rise in Q2 FY26 net profit, supported by stronger margins, improved EBITDA, and record half-year sales that...

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Indian Cement Industry Set for Strong Expansion with Major Capacity Additions

Crisil reports that India’s cement industry is entering a major expansion cycle with 160 to 170 MT of new capacity planned between FY26...

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Tata Steel Records Strong Second Quarter Growth Driven by India Operations and Strategic Stake Acquisition

Tata Steel delivered a resilient second quarter with a 319 percent surge in consolidated net profit, strong India-led growth, and a key acquisition...