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UltraTech Cement Approves Rs 10,255 Crore Expansion to Boost Production Capacity by 22.8 MTPA

UltraTech Cement has approved a Rs 10,255 crore investment to expand its production capacity by 22.8 MTPA, reaching 240.76 MTPA by FY28 through...

ConstructionEditors PickNewsSteel Daily

Leverage for Primary Steel Firms to Hit Five-Year High Amid Expansion: CRISIL

The net leverage of domestic primary steelmakers is expected to rise to a five-year high of over 3x this fiscal, driven by aggressive...

Steel Daily

India Becomes Steel Importer Amid Surging Global Trade Shifts

In a significant development for the steel industry, CRISIL’s latest sectoral report reveals that India has transitioned into a steel importer in FY2024....