Metal Industry News
JSW Steel Q4 Profit Surges to ₹16,370 Crore on BPSL Deal Gain and Record Steel Sales
JSW Steel reported a sharp rise in Q4 FY26 profit to ₹16,370 crore, supported by exceptional gains from the BPSL transaction, record steel...
Jindal Stainless Enters Retail Market with Premium Infinity Rebar Launch
Jindal Stainless Limited expands into the retail construction sector with the launch of Jindal Infinity rebars offering superior corrosion resistance and long term...
Shyam Steel Inks Major ₹10,000 Crore Deal For New Maharashtra Plant
Shyam Steel Industries signs a landmark agreement with the Maharashtra government to build a massive manufacturing facility in Chandrapur involving a ten thousand...
India Hot Rolled Coil (HRC) prices may rise by ₹3,500 per tonne in April amid raw material cost pressure
Domestic steel manufacturers are likely to increase hot-rolled coil prices by ₹3,500 per tonne in April as rising iron ore, coking coal and...
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...
Sambhv Steel Tubes Moves to Double Annual Capacity with ₹50 Crore Expansion Plan
Sambhv Steel Tubes has approved a ₹50 crore expansion plan that will double its annual manufacturing capacity to 1,16,000 MT by FY26 Q4....
India’s Finished Steel Imports Surge 16% in April-February – Exports Plunge 34%
India’s finished steel imports rose sharply by 15.8% to 8.98 million metric tons (mt) during the April-February period of the 2024-25 fiscal year,...
Steel Market Faces Pressure in Chennai, Hyderabad, Bellary
The induction furnace (IF) steel market in Chennai, Hyderabad, and Bellary saw notable price corrections on December 2, 2024, as mills adjusted their...
