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Jindal Stainless Q2 Net Profit Rises 11% to ₹898 Crore, Revenue Grows 18%

Jindal Stainless reported an 11% rise in Q2 FY27 net profit to ₹898 crore and an 18% increase in revenue to ₹12,874 crore,...

ConstructionIndiaIndustrialMarket UpdatesMetalNewsSteel Daily

India’s Construction Boom Drives Fresh Wave of Steel Industry Investments

India’s construction and infrastructure boom is driving fresh steel industry investments, with JSW Steel and regional manufacturers planning capacity expansions to meet rising...

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Nirmala Sitharaman Invites World Steel Association to Set Up Office in India

Finance Minister Nirmala Sitharaman has invited the World Steel Association to establish an office in India, citing rising steel demand and calling for...

IndiaIndustrialMetalMiningNewsSteel Daily

SAIL, NMDC Asked to Scout Overseas Iron Ore and Coking Coal Assets

The Steel Ministry has asked SAIL and NMDC to explore overseas iron ore and coking coal assets to strengthen raw material security and...

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

India Can Grow Steel Industry on Domestic Demand, Says Naveen Jindal

Jindal Steel Chairman Naveen Jindal said India’s large domestic market and low per capita steel consumption can support further industry growth despite higher...

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...

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Tata Steel Ludhiana Becomes First Indian Producer to Get BIS License for Octagonal Billets

Tata Steel Ludhiana has received the BIS license under IS 14650:2023 for producing octagonal billets, becoming the first steel producer in India to...

importIndiaIndustrialMetalNewsSteel Daily

India’s Coal Imports Shift Towards Steel as Metallurgical Demand Rises

India’s coal imports remained broadly stable in FY2025-26, but a sharp rise in metallurgical coal purchases points to growing dependence on imported raw...

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

India’s Primary Steel Producers Expected to Maintain Stable Profitability in FY27 Despite Rising Costs: Crisil Ratings

India's primary steel producers are expected to maintain stable profitability in FY27 despite rising production costs, supported by higher domestic steel prices, safeguard...

IndiaIndustrialMetalNewsSteel Daily

SAIL, Krakatau Steel plan $350 million stainless steel slab plant in Indonesia

India's state-owned Steel Authority of India Limited (SAIL) and Indonesia's Krakatau Steel are planning to jointly invest up to $350 million in a...