Indian steel news
Shyam Metalics Reports Strong July Performance as Stainless Steel Sales Rise 13%, Pellet Dispatches Surge 88%
Shyam Metalics & Energy reported strong operational performance in July 2026, with stainless steel sales rising nearly 13% and pellet dispatches surging 88%...
Vedanta Iron And Steel Returns to Profit in Q1 FY27 as Revenue Climbs 18% to ₹3,662 Crore
Vedanta Iron And Steel Limited reported a strong turnaround in the first quarter of FY2026-27, posting a consolidated net profit of ₹121 crore...
Jindal Stainless Expands Global Footprint with Indonesia Melt Shop Commissioning and ₹900 Crore Investment Plan
Jindal Stainless strengthens its global and domestic presence with a new Indonesia melt shop and ₹900 crore investment in downstream facilities, boosting capacity...
Vizag Steel Plant Returns to Profit After Years of Financial Stress
Visakhapatnam Steel Plant has staged a strong turnaround, reporting a profit of Rs 54 crore in January 2026, backed by government support and...
India’s Steel Imports Expected to Halve in FY26 After Safeguard Duty
India’s steel imports could fall by 50% in FY 2025-26 following the imposition of a 12% safeguard duty, said Steel Ministry Secretary Sandeep...
BMW Industries Wins ₹364.69 Cr Tube Conversion Contract from Tata Steel
BMW Industries Ltd and its wholly-owned subsidiary BMW Iron & Steel Industries have bagged a big order from Tata Steel for converting hot...
India’s Steel Imports Drop 40% in February Amid Safeguard Duty Concerns; Exports Plunge 60%
Imports of steel into India plunged 40% in February to 0.6 million tonnes the lowest level since April. This drop was 29% lower than January’s...
NMDC to Supply Iron Ore to RINL for Longer Term, Ensuring Operational Viability
Historically, Rashtriya Ispat Nigam Limited (RINL), a loss-making state-run steelmaker in India, has had a long-term agreement with NMDC Limited to purchase iron ore...
SAIL Confident of Growth, to Invest $800 Million in New Rail Mill
In a bid to solidify India’s rail infrastructure, the state-run Steel Authority of India Limited (SAIL), has unveiled plans to invest around $800 million...
