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IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

APL Apollo Tubes Q2 Net Profit Rises 25.83% to ₹380 Crore

APL Apollo Tubes reported consolidated net profit of ₹380 crore for the second quarter of Financial Year 2026–27, up 25.83% year-on-year and above...

IndiaIndustrialMetalNewsSteel Daily

Steel Prices Rise for Third Consecutive Month, HRC Rates Reach ₹64,700 a Tonne

Steel companies have raised prices by ₹2,000–₹2,700 a tonne in October for the third consecutive month, driven by higher raw material and energy...

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

India’s Finished Steel Consumption Rises 7.5% to 84.9 Million Tonnes in H1 FY27

India’s finished steel consumption rose 7.5% to 84.9 million tonnes in April–September 2026, while crude steel production increased 2.9%. Steel prices, safety initiatives...

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

Steel Prices May Rise ₹1,500–2,000 Per Tonne in September on Stronger Demand

Domestic steel prices could rise ₹1,500–2,000 per tonne in September to around ₹72,500, driven by stronger post-monsoon demand, tighter supply and higher input...

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

India’s Steel Production Rises in April-July 2026 as Domestic Demand Stays Firm

India’s steel production rose in April-July 2026, with crude steel output reaching 56.2 MT and finished steel production increasing 4.7% year-on-year to 54.7...

IndiaIndustrialMarket UpdatesMetalNewsSteel DailyTrade

India’s Steel Consumption Rises 6.5% to 14.4 Million Tonnes in July 2026

India’s steel consumption rose 6.5% year-on-year to 14.4 million tonnes in July 2026, while production remained steady amid strong domestic demand.

IndiaIndustrialInvestmentMarket UpdatesNewsSteel DailyStocksTechnologyTrade

India Turns Net Exporter of Finished Steel in April–December, Exports Rise 33%

India emerged as a net exporter of finished steel during April to December of the current financial year, supported by higher shipments, policy...

ExportimportIndiaIndustrialInfrastructureIron OreKarnatakaMetalMiningNewsSteel DailyStocksTechnology

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...

ExportimportIndiaIndustrialIron OreMarket UpdatesMetalNewsSteel DailyTechnologyTrade

India Emerges as Net Importer of Finished Steel Amid Shifting Trade Trends

India has turned into a net importer of finished steel since 2022–23, with imports overtaking exports despite higher crude steel output and fluctuating...