Indian Steel Industry
TMT Rebar Prices Fall to Six-Month Low as Monsoon Slows Construction Activity
TMT rebar prices in India have dropped to a six-month low of ₹50,000 per tonne as weak demand, high inventories and the monsoon...
SAIL Charts FY27 Growth Strategy After Strong FY26 Performance
Steel Authority of India Limited (SAIL) has outlined its FY27 growth strategy focused on special steel production, cost optimisation, customer engagement and capacity...
Indian Steel Makers Enter Multi Year Investment Cycle to Achieve 300 Million Tonnes Capacity by 2030
India’s steel industry is entering a major investment phase, with leading steel producers planning ₹70,000 crore in capital expenditure during FY27 as the...
JSW Steel to Begin Work on 13.2 Million Tonnes Odisha Steel Plant
JSW Steel is set to begin construction of its 13.2 million tonnes per annum integrated steel plant near Paradip in Odisha, with investment...
Jindal India Commissions New High-Speed Colour Coating Line Supplied By John Cockerill
Jindal India has commissioned a new high-speed colour coating line supplied by John Cockerill, with 2.75 LTPA capacity and process speeds of up...
Tata Steel Plans 48 MT India Capacity Expansion Through Brownfield Projects
Tata Steel plans to expand its India steel production capacity to 48 million tonnes through brownfield projects while expecting UK operations to achieve...
India Among Fastest Growing Steel Markets As Global Prices Rise, Says Goldman Sachs
India remained one of the fastest growing steel markets as crude steel production rose 11 percent in March, while global HRC and rebar...
Steel Ministry Reviews BIS Certification Norms for Fastener Industry Amid MSME Concerns
The Ministry of Steel has initiated consultations on easing BIS certification norms for the fastener industry following concerns over rising compliance costs, supply...
Steel Exchange India Strengthens Capital Base with ₹40.32 Crore Warrant Move
Steel Exchange India raises ₹40.32 crore through warrant allotment and conversions, strengthening its capital base to support expansion and operational growth.
Shyam Metalics to invest ₹2,700 crore to expand value-added steel capacity
Shyam Metalics plans a ₹2,700 crore investment to boost value-added and specialty steel capacity, focusing on higher margins, import substitution, and long-term growth.
