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SAIL Bokaro Achieves Breakthrough with Indigenous Electrical Steel for EVs and Power Equipment

SAIL’s Bokaro Steel Plant achieves a landmark by producing India’s first NGO electrical steel grade for EVs and power equipment, boosting self-reliance and...

IndustrialMarket UpdatesNewsSteel DailyTrending News

Safeguard Duty Extension, China Curbs Set to Lift Indian Steelmakers

India’s steel sector is in for a better time, with a combination of domestic safeguards and Chinese capacity reductions giving local producers a...

NewsSteel DailyTrending News

SAIL Powers Navy’s New Frigates with 8,000 Tonnes of Critical Steel

The Steel Authority of India Limited (SAIL) has once again reinforced its role in India’s defense sector by supplying around 8,000 tonnes of...

IndustrialMarket UpdatesNewsSteel Daily

SAIL Hikes FY26 Capex to ₹7,500 Cr to Fast-Track Expansion Towards 2030 Goal

In line with accelerating its steel production capacity to 35 million tonnes per annum (MTPA) by 2030, SAIL raises its capital expenditure allocation...

IndustrialNewsSteel DailyTrending News

CAG Flags ₹12,743 Cr Loss at SAIL Over Poor Inventory, Procurement Gaps

A government audit found that the Steel Authority of India Ltd (SAIL) made ₹12,743 crore of revenue and operational losses in seven years...

Market UpdatesNewsSteel DailyTrending News

SAIL Eyes ₹36,000 Cr IISCO Expansion by FY27, Faces Tender and Debt Challenges

Steel Authority of India Ltd (SAIL) is pursuing the ambitious expansion of its IISCO Steel Plant at an estimated cost of ₹36,000 crore...

NewsSteel DailyTrending News

Steel Ministry Forms Task Force to Fast-Track $3.45 Billion Rourkela Plant Expansion

The Ministry of Steel is forming a high-level committee to monitor and resolve implementation hurdles to Steel Authority of India Ltd’s (SAIL) Rourkela...

IndustrialNewsSteel DailyTrending News

Indian Steel PSUs Tap Global Markets, Eye 300 MT Output by 2030

In a strategic move to secure raw materials and boost India’s steel production, three major public sector undertakings SAIL, NMDC, and MECON are...

NewsSteel DailyTamil NaduTrending News

Kumaraswamy Inspects Salem Steel Plant, Outlines Revival Strategy for Profitability and Green Development

Union Minister of Steel and Heavy Industries H.D. Kumaraswamy inspected the Salem Steel Plant, a SAIL unit, on Thursday reiterating the government’s resolve...

IndustrialNewsSteel DailyTrending News

SAIL’s ₹45,800 Cr Expansion at Burnpur Set to Reignite Bengal’s Industrial Growth

Steel Authority of India Ltd (SAIL) has initiated a huge ₹45,810 crore expansion at its IISCO Steel Plant at Burnpur, West Bengal, to...