Indian Steel Industry
Shyam Metalics Reports ₹493 Crore Q2 Profit, Approves ₹360 Crore Investment in Chhattisgarh Coal Block
Shyam Metalics reported a sequential 42.9% rise in Q2 net profit to ₹493 crore and approved ₹360 crore for the Phutamura Coal Block...
AM/NS India Supplies Specialised Steel for Indian Navy Warship INS Mangrol
ArcelorMittal Nippon Steel India has supplied all specialised steel for INS Mangrol, the Indian Navy's third Mahe-class anti-submarine warfare shallow water craft. The...
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...
Vizag Steel Resumes TMT Rebar Production, Improving Market Availability
Rashtriya Ispat Nigam Limited has resumed TMT rebar production at Visakhapatnam Steel Plant, improving the availability of Vizag TMT products for builders, contractors...
JSW Steel Q2 FY27 Net Profit Surges 225% to ₹5,279 Crore on Record Sales
JSW Steel reported a 225.3% year-on-year rise in Q2 FY27 net profit to ₹5,279 crore. Revenue increased 10.7% to ₹54,486 crore, while record...
Piyush Goyal Warns EU Steel Carbon Tax Could Raise Costs and Hurt Industry Competitiveness
Piyush Goyal has criticised the EU's carbon tax on steel, warning that CBAM could increase industrial and infrastructure costs in Europe while adding...
BMW Industries Starts Color-Coated Steel Production at Bokaro Facility
BMW Industries has started color-coated steel production at its Bokaro facility in Jharkhand as part of an ₹800 crore expansion, targeting rising demand...
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...
JSW Steel Reports 5% Growth in Q2 FY27 Crude Steel Production to 7.27 Million Tonnes
JSW Steel reported a 5% year-on-year increase in consolidated crude steel production to 7.27 million tonnes in the Second Quarter of Financial Year...
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...
