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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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Safeguard Duty on Steel Imports Gives Domestic Mills Pricing Leverage

India’s three-year safeguard duty on select steel imports is expected to curb cheap inflows, improve pricing power for domestic mills, and support margins...

IndustrialMarket UpdatesNewsSteel Daily

JSW Steel Posts Strong Q1 FY26 Results, Stays Wary Amid Import Threats

For the FY26 first quarter, JSW Steel produced a fine set of numbers with net profit at ₹2,209 crore-more than double from ₹867...

IndustrialNewsSteel DailyTrending News

Jindal Steel & Power Reports Record Production and Sales in FY’25, Sets Ambitious FY’26 Targets

Jindal Steel & Power (JSP) posted its record crude steel output and sales during the financial year 2025 (FY’25) riding on strong performances...

NewsSteel Daily

China’s Steel Surge Pressures Indian Giants as Fitch Lowers Rating Headroom

India’s steel industry is feeling the heat as Fitch Ratings downgraded the rating headroom for JSW Steel and Tata Steel. The agency cited...

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The Proposed Duty on Steel Imports Could Make Pricing Soar in 2025: Crisil

According to rating agency Crisil, Indian steel prices are expected to rise considerably, given that the proposed safeguard duty on steel imports will...