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India’s Steel Consumption Doubles to 152 MT, Capacity Targeted at 300 MT by 2031

India’s steel consumption has surged to 152 million tonnes in 2024-25, with capacity projected to reach 300 million tonnes by 2030-31, as the...

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Jindal Stainless Signs MoU Under PLI 1.2 to Expand Specialty Steel Capacity

Jindal Stainless signs MoU under PLI 1.2 scheme to expand specialty steel capacity, supporting Rs 11,887 crore investment and strengthening India’s high value...

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JSW Cement Turns Profitable in Q3 FY26 on Higher Volumes and Strong EBITDA

JSW Cement reported a profit of Rs 130.62 crore in Q3 FY26, supported by higher sales volumes, improved EBITDA performance and steady revenue...

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NMDC Explores Coal Assets in Canada to Support India’s Steel Expansion

State-owned miner NMDC is exploring coal reserves in Canada to secure raw material supplies for India’s expanding steel sector, as the country pushes...

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Economic Survey Flags Global Price Pressures, Raw Material Risks for India’s Steel Sector

India’s steel sector continues to show strong growth momentum driven by domestic demand, but faces mounting challenges from global price pressures and raw...

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UltraTech Cement Q3 FY26 Profit Rises 27%, Beats Street Estimates

UltraTech Cement reported a strong Q3 FY26 performance with a 27% year-on-year rise in net profit to Rs 1,729 crore, driven by higher...

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CASE Construction Equipment Bets Big on India as Infrastructure Push Gains Pace

CASE Construction Equipment is optimistic about India’s construction equipment market, banking on higher infrastructure spending, a rebound in demand and deeper regional presence...

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NCL Industries Records Steady Cement Growth Amid Mixed Demand Trends

NCL Industries reported a 5 per cent year-on-year rise in cement production in Q3 FY26, even as demand softened across cement boards and...

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India Turns Net Exporter of Finished Steel in April–December, Exports Rise 33%

India emerged as a net exporter of finished steel during April to December of the current financial year, supported by higher shipments, policy...

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JSW Steel Plans 50:50 Joint Venture with Japan’s JFE Steel to Cut Debt and Fuel Expansion

JSW Steel is seeking shareholder approval to form a 50:50 joint venture with Japan’s JFE Steel, unlocking major capital inflows, reducing debt, and...