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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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India Expands Steel Export Focus to Middle East and Asia Amid Diversification Push

India is actively exploring new steel export markets in the Middle East and Asia as part of a broader strategy to reduce dependence...

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India’s steel scrap demand set to surge as capacity expansion accelerates

India’s steel scrap demand is poised for strong growth as the country moves towards 300 million tonnes of crude steel capacity by 2030-31,...

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Steel Consumption in India Projected to Grow 9–10%: Steel Secretary

India’s steel sector is set for 9–10% growth this year, supported by GST 2.0 reforms, construction demand, and government safeguards. Steel Secretary Sandeep...

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Steel Industry Faces Turbulence After Sudden Quality Order Extension

India’s steel industry is headed for a storm after the Ministry of Steel suddenly extended the Quality Control Order (QCO) to extend into...

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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...