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RINL Returns to Cash Profit as Operational Revival Gains Momentum

Rashtriya Ispat Nigam Limited reports a return to cash profitability as production stabilises and blast furnaces resume operations at the Visakhapatnam Steel Plant.

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India’s Steel Consumption Doubles to 152 MT, Capacity Targeted at 300 MT by 2031

India’s steel consumption has surged to 152 million tonnes in 2024-25, with capacity projected to reach 300 million tonnes by 2030-31, as the...

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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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JSW Steel Q3FY26 Results: Profit Triples on Strong Volumes and Cost Tailwinds

JSW Steel delivered a strong performance in Q3FY26, reporting a sharp jump in profit on the back of record sales volumes, robust domestic...

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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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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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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...

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India Accelerates Steel Capacity Expansion as 2030 Target Enters Final Stretch

India is stepping up steel capacity expansion efforts as it moves into the final phase of its 300 million tonne 2030 target, with...

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Jindal Steel and Power expands heat treated plate capacity to seven lakh tonnes as part of major manufacturing scale up

Jindal Steel and Power has tripled its heat treated plate capacity to seven lakh tonnes, strengthening its high strength and defence grade steel...

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Centre Drafts ₹5,000-Cr Mission to Push Green Steel, Cut Emissions

The Union government is proposing a ₹5,000-crore mission to support the adoption of clean technologies by the steel sector, with a major focus...