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SEPC Secures ₹854.57 Crore SAIL Contract for IISCO Steel Plant Expansion

SEPC has secured an ₹854.57 crore contract from SAIL for civil and structural works under the pellet plant package at the IISCO Steel...

IndiaIndustrialMetalMiningNewsSteel Daily

SAIL, NMDC Asked to Scout Overseas Iron Ore and Coking Coal Assets

The Steel Ministry has asked SAIL and NMDC to explore overseas iron ore and coking coal assets to strengthen raw material security and...

IndiaIndustrialMarket UpdatesNewsSteel DailyStocks

SAIL Reports ₹1,636 Crore Profit in Q1 FY27 as Margins Improve

SAIL reported a 138.65% year-on-year rise in standalone profit to ₹1,636 crore in Q1 FY27, while turnover stood at ₹26,010 crore and EBITDA...

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

SAIL August Sales Rise 13% to 1.87 Million Tonnes as Production Hits Records

Steel Authority of India Limited recorded a 13% rise in August sales to 1.87 million tonnes, while hot metal and crude steel production...

IndiaIndustrialMetalNewsSteel Daily

Indian Steel Mills Face Margin Pressure as Coking Coal Prices Rise

Rising coking coal prices are increasing steelmaking costs for Indian mills, putting pressure on margins as producers face supply disruptions and limited scope...

IndiaIndustrialMarket UpdatesMetalNewsSteel DailyTrade

India’s Steel Consumption Rises 6.5% to 14.4 Million Tonnes in July 2026

India’s steel consumption rose 6.5% year-on-year to 14.4 million tonnes in July 2026, while production remained steady amid strong domestic demand.

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

India’s Primary Steel Producers Expected to Maintain Stable Profitability in FY27 Despite Rising Costs: Crisil Ratings

India's primary steel producers are expected to maintain stable profitability in FY27 despite rising production costs, supported by higher domestic steel prices, safeguard...

IndiaIndustrialMetalNewsSteel Daily

SAIL, Krakatau Steel plan $350 million stainless steel slab plant in Indonesia

India's state-owned Steel Authority of India Limited (SAIL) and Indonesia's Krakatau Steel are planning to jointly invest up to $350 million in a...

IndiaIndustrialNewsSteel DailyStocks

SAIL approves ₹31,000 crore expansion of Bhilai Steel Plant to boost capacity to 10.2 MTPA

SAIL has approved a ₹31,000 crore expansion of its Bhilai Steel Plant in Chhattisgarh, increasing capacity from 6.8 MTPA to 10.2 MTPA. The...

IndiaIndustrialMetalNewsSteel Daily

Centre Reaffirms Commitment to Strengthen SAIL as India Targets Steel Growth

Union Steel Minister H.D. Kumaraswamy has reaffirmed the Centre's commitment to strengthening SAIL through technology, specialty steel, sustainability and capacity expansion to support...