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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...

IndiaMetalNewsSteel Daily

SAIL Chairman Ashok Kumar Panda said steel scrap will become a key raw material for India’s steel industry.

SAIL Chairman Ashok Kumar Panda says steel scrap will emerge as a key raw material for India's steel industry as the country expands...

IndiaIndustrialInvestmentMarket UpdatesMetalNewsSteel Daily

SAIL, Indonesia’s PT Krakatau Steel Sign MoU to Explore Stainless Steel Slab Joint Venture

SAIL and Indonesia's PT Krakatau Steel have signed an MoU to explore a joint venture for manufacturing stainless steel slabs, aiming to strengthen...

Steel Daily

Centre Proposes Revised Carbon Emission Targets for 255 Iron and Steel Units Under Carbon Credit Trading System

The Centre has released revised greenhouse gas emission intensity targets for 255 iron and steel units under the Carbon Credit Trading System, inviting...