Indian Steel Market
Indian Steel Prices Hit Four-Year High as Costs and Demand Rise
Indian steel prices have reached a four-year high, driven by higher coking coal and iron ore costs and stronger post-monsoon demand from construction,...
SAIL Reports ₹1,636 Crore Profit in Q1 FY27 as Margins Improve
SAIL reported a 138.65% year-on-year rise in standalone profit to ₹1,636 crore in Q1 FY27, while turnover stood at ₹26,010 crore and EBITDA...
India’s Steel Consumption Rises 3.9% in August Despite Monthly Production Decline
India’s finished steel consumption rose 3.9% year-on-year in August 2026, while crude and finished steel production declined from July levels, according to provisional...
AM/NS India launches Pelican premium galvanised steel brand
ArcelorMittal Nippon Steel India has launched AM/NS Pelican, a new premium galvanised steel brand aimed at customers looking for corrosion-resistant and durable steel...
India’s Crude Steel Production Rises to 170.15 MT as Capacity Expands
India’s crude steel production rose to 170.15 million tonnes in FY2025-26, while installed capacity increased to 220.41 million tonnes, strengthening the country’s position...
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...
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...
Indian Steelmakers Shift Focus to Domestic Market as Europe Tightens Imports and Chinese Steel Intensifies Competition
Indian steel producers are turning to the domestic market after tighter import restrictions in Europe and the UK impacted exports. However, increasing inflow...
India’s Finished Steel Production Rises 5.9% to 41 Million Tonnes in Q1 FY27 as Infrastructure Demand Strengthens
India's finished steel production increased 5.9% to 41 million tonnes during the April-June quarter of FY27, while consumption grew 8.3% to 41.6 million...
Vedanta Iron and Steel Targets Long-Term Growth Backed by 4 Billion Tonnes of Iron Ore Reserves
Newly listed Vedanta Iron and Steel Ltd plans to strengthen its position in the steel sector through resource-backed expansion, supported by 4 billion...
