Raw Material Costs
NMDC Raises Baila Lump Iron Ore Price; Second Revision in a Month
State-owned NMDC has increased the Baila Lump iron ore price by ₹50 to ₹5,600 per tonne, marking its second revision in a month...
India’s Small Steelmakers Cut Production as Weak Demand and Monsoon Slowdown Hit Construction Sector
India’s small steel producers have cut output by nearly one third amid weak demand, falling prices, and monsoon disruptions, despite government tax cuts...
JSW Steel Posts Strong Q1 FY26 Results, Stays Wary Amid Import Threats
For the FY26 first quarter, JSW Steel produced a fine set of numbers with net profit at ₹2,209 crore-more than double from ₹867...
Shalimar Paints Targets Rural India for Growth Amid Rising Incomes
The paint industry in India is booming as the demand for rural consumption is surging along with rising disposable income. Realizing the Promise, Established...
MSME Steel Players Raise Concerns Over Proposed 12% Safeguard Duty
A grouping of MSMEs (Micro, Small and Medium Enterprises) in the steel industry is readying a move to push the government to withdraw the...
Centre Mulls Review of Import Barriers as MSMEs Protest Steel Protectionist Measures
In a growing debate on the impact of import restrictions on various sectors, the Indian government may review the protective barriers that currently...
CREDAI Urges Govt to Drop 18% GST on FSI Charges, Citing Housing Price Hike Risks
The Confederation of Real Estate Developers’ Associations of India (CREDAI) has called on the government to reconsider its proposal to impose an 18%...
Steel Demand in India to Grow 8%: Capacity to Surge by 20 Million Tons by FY2027
India’s steel industry is set to increase its annual capacity by 20 million tons between FY 2025-27, according to a recent report by...
