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IMR Group to Invest ₹300 Crore in Steel Exchange India to Strengthen Supply Chain and Growth

Steel Exchange India plans to raise ₹350 crore through a preferential issue, with Switzerland-based IMR Group committing ₹300 crore to support operations, optimise...

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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.

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Tata Steel to Commission Rs 3,200 Crore Ludhiana Plant, Boosting Punjab’s Industrial Growth

Tata Steel will begin operations at its Rs 3,200 crore Ludhiana plant from March, strengthening Punjab’s industrial ecosystem and generating around 2,500 jobs.

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India’s Crude Steel Output Rises 10.6% in Apr–Jan; Exports Strengthen Trade Balance

India’s crude steel production grew 10.6% in April–January FY26, with exports surging and imports declining sharply, positioning the country as a net exporter...

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Govt Must Monitor Unfair Steel Imports to Protect Domestic Steel Market: Tata Steel CEO

Tata Steel CEO T V Narendran has urged the government to closely monitor unfairly priced steel imports, warning that unchecked inflows could disrupt...

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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...

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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...

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Steel PSU capex to rise 44% in FY27 on improving demand outlook

Capital expenditure by steel public sector undertakings is set to rise sharply in FY27, led by SAIL and NMDC, as domestic demand improves...

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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,...

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India–Europe Free Trade Agreement Signals New Phase for Steel and Low-Carbon Growth

The India–EU Free Trade Agreement is expected to strengthen steel trade, expand economic engagement and accelerate cooperation in low-carbon steel, offering fresh momentum...