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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...

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Shyam Metalics Reports Broad-Based Growth in November as Key Segments Deliver Strong Volumes

Shyam Metalics delivered solid sales momentum in November 2025, with stainless steel, pellets, speciality alloys, CR coils and pig iron recording significant growth...

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India Imposes Five-Year Anti-Dumping Duty on Vietnamese Hot-Rolled Steel to Protect Domestic Market

India has imposed a five-year anti-dumping duty on Vietnamese hot-rolled steel after DGTR confirmed underpriced imports were harming local producers, ensuring stronger market...

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Fabex Steel Structures Opens ₹120 Crore Manufacturing Unit Near Hyderabad, Targets ₹1,000 Crore Revenue

Fabex Steel Structures has inaugurated a ₹120 crore manufacturing facility at Chityal near Hyderabad. The 40-acre unit boosts annual capacity to one lakh...

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L&T Secures Major Orders Worth Rs 2,500–5,000 Crore from Hindalco and Tata Steel

Larsen & Toubro’s Minerals & Metals division has secured large orders worth Rs 2,500–5,000 crore from Hindalco and Tata Steel for aluminium and...

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Lloyds Metals and Energy to Invest Rs 22,000 Crore in Mega Integrated Steel Plant

Lloyds Metals and Energy plans to invest Rs 20,000–22,000 crore to build a mega integrated steel plant producing 3 MT hot-rolled coils and...

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Escorts Kubota to Invest ₹4,500 Crore in Tractor Manufacturing Plant at YEIDA

Later, a plan to erect a gigantic tractor manufacturing unit worth ₹4,500 crore is in the pipeline for Uttar Pradesh by Escorts Kubota...

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JSW Steel Registers 14% Profit Expansion in Q4 FY25 Despite Revenue Decline

JSW Steel Limited, the top Indian steel producer, reported a 13.5% rise in consolidated net profit during the fourth quarter of the fiscal...

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ISSDA Advocates for Separate Stainless Steel Policy to Boost India’s Industry

The Indian Stainless Steel Development Association (ISSDA) is calling for a dedicated policy to support India’s stainless steel sector. Currently, the industry is...