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China Emerges as Top Steel Exporter to India in April 2026 Despite Import Tariffs

China's finished steel exports to India more than doubled to 232,000 tonnes in April 2026, making it the largest exporter to the country...

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Shyam Metalics to invest ₹2,700 crore to expand value-added steel capacity

Shyam Metalics plans a ₹2,700 crore investment to boost value-added and specialty steel capacity, focusing on higher margins, import substitution, and long-term growth.

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JSW Steel, POSCO Partner for 6 MTPA Greenfield Steel Plant in Odisha

JSW Steel and POSCO form a 50:50 joint venture to develop a 6 MTPA greenfield steel plant in Odisha, strengthening India’s manufacturing and...

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Bokaro Steel Plant unveils ₹20,000 crore expansion plan to boost capacity and jobs

Bokaro Steel Plant has announced a ₹20,000 crore brownfield expansion programme aimed at increasing crude steel capacity from 5 MTPA to 7.5 MTPA,...

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JFE Steel invests ₹7,875 crore in JSW Kalinga, acquires 25% stake

JFE Steel Corporation has invested ₹7,875 crore in JSW Kalinga Steel, acquiring a 25 per cent stake and strengthening its strategic partnership with...

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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...