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Shyam Metalics August 2026 Sales Rise as Stainless Steel Volumes Gain 16.4%

Shyam Metalics reported strong August 2026 sales across key segments, led by a 16.4% year-on-year rise in stainless steel volumes to 10,920 tonnes.

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

Jindal Stainless to Invest ₹900 Crore to Expand Cold-Rolled Steel Capacity by FY28

Jindal Stainless will invest ₹900 crore across Hisar and Kharagpur to expand its cold-rolled steel capacity to 2.67 million tonnes per annum by...

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...

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India’s Stainless Steel Industry Seeks National Policy to Boost Manufacturing and Reduce Import Dependence

India's stainless steel industry has called for a National Stainless Steel Policy and a National Anti-Corrosion Policy to strengthen domestic manufacturing, reduce imports,...

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Sambhv Steel Tubes Moves to Double Annual Capacity with ₹50 Crore Expansion Plan

Sambhv Steel Tubes has approved a ₹50 crore expansion plan that will double its annual manufacturing capacity to 1,16,000 MT by FY26 Q4....

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India’s Stainless Steel Sector Needs a Standalone Policy, Says Jindal Stainless MD

Jindal Stainless Managing Director Abhyuday Jindal has urged the government to introduce a dedicated stainless steel policy, highlighting raw material security, low capacity...

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Jindal Stainless Eyes 30% Jump in Exports for FY25 Amid Favorable Tariff Landscape

Jindal Stainless Limited (JSL), a top Indian stainless steel manufacturer, is eyeing a 30% export growth for the fiscal year 2024-25 to export...

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Jindal Stainless to Invest ₹40,000 Crore in Maharashtra for New Manufacturing Facility

Jindal Stainless Ltd (JSL) is to invest ₹40,000 crore to set up a modern stainless-steel plant in Maharashtra. The plant will be developed in...