Indian Steel Industry
LPG Supply Concerns May Affect Steel Production at Visakhapatnam Steel Plant
Visakhapatnam Steel Plant may face LPG shortage due to supply disruptions linked to the West Asia conflict, raising concerns over potential impact on...
RINL Returns to Cash Profit as Operational Revival Gains Momentum
Rashtriya Ispat Nigam Limited reports a return to cash profitability as production stabilises and blast furnaces resume operations at the Visakhapatnam Steel Plant.
Japan and South Korea Raise Concerns Over Steel Shipment Delays in India
Japan and South Korea have flagged regulatory delays impacting steel exports to India, citing quality control norms and safeguard duties, while Indian officials...
India Looks to Middle East and Asia to Shield Steel Exports from EU Carbon Tax Impact
India is diversifying steel export markets towards the Middle East and Asia to reduce dependence on Europe after the EU carbon tax, while...
NMDC Revises Iron Ore Prices Effective February 10, 2026
NMDC Limited has revised iron ore prices effective February 10, 2026, fixing Baila Lump at Rs 4,700 per tonne and Baila Fines at...
India Expands Steel Export Focus to Middle East and Asia Amid Diversification Push
India is actively exploring new steel export markets in the Middle East and Asia as part of a broader strategy to reduce dependence...
Steel Ministry’s PLI 1.2 Drive to Add 8.7 Million Tonnes of Specialty Steel Capacity
The Ministry of Steel has signed MoUs for 85 specialty steel projects under PLI Scheme 1.2, committing investments of Rs 11,887 crore and...
Tata Steel Q3 FY26 Results: Net Profit Surges 723% to Rs 2,690 Crore
Tata Steel reported a sharp turnaround in the October–December quarter of FY26, posting a 723% year-on-year jump in consolidated net profit to Rs...
SAIL Posts 60% Jump in Profit on Higher Volumes and Debt Reduction
Steel Authority of India Limited reported a strong improvement in profitability for the first nine months of FY26, supported by higher sales volumes,...
JSW Steel Plans Rs 2 Lakh Crore Investment to Boost Capacity Beyond 50 Million Tonnes
JSW Steel is gearing up for a major expansion with plans to invest over Rs 2 lakh crore in the next five to...
