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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...

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Commerce Ministry Recommends Three-Year Safeguard Duty on Steel Imports Amid Rising Inflows

To safeguard local manufacturers from a “serious surge” of imports, the Directorate General of Trade Remedies of the Ministry of Commerce has made...

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JSW Warns Against Cheap Steel Imports as Chinese Shipments Spike

India should be on its toes regarding a possible influx of cheap steel imports, especially from China, says JSW Steel joint MD Jayant...

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Jindal Stainless Eyes ₹40,000 Cr Investment in Maharashtra, In Talks for Land

Jindal Stainless has considered an offer of ₹40,000 crore to establish a stainless steel plant in Maharashtra, Managing Director Abhyuday Jindal said. Citing...