Steel Capacity Expansion
India’s Crude Steel Production Rises to 170.15 MT as Capacity Expands
India’s crude steel production rose to 170.15 million tonnes in FY2025-26, while installed capacity increased to 220.41 million tonnes, strengthening the country’s position...
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...
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...
Government’s Specialty Steel PLI Scheme Attracts ₹23,896 Crore Investment, Creates Over 14,000 Jobs
India's Production Linked Incentive (PLI) Scheme for Specialty Steel has attracted ₹23,896 crore in investments and generated 14,138 jobs as of March 2026,...
JSW Steel Approves ₹33,000 Crore Capex to Accelerate Vijayanagar Expansion, Total Investment Pipeline Reaches ₹1.31 Lakh Crore
JSW Steel has approved fresh capital expenditure of over ₹33,000 crore during the first quarter of FY27, with a major focus on expanding...
Tata Steel to Invest ₹10,000 Crore in Jharkhand Projects by 2028, Create 2,000 Jobs
Tata Steel will invest ₹10,000 crore in Jharkhand by 2028 to expand steel production capacity and deploy low-emission technologies. The investment is expected...
Tata Steel Reaffirms 40 MTPA Capacity Vision, Plans ₹20,000 Crore Capex for FY27 Expansion
Tata Steel has reaffirmed its long-term goal of achieving 40 MTPA steelmaking capacity after expanding to 26.1 MTPA with Kalinganagar Phase II. The...
Vedanta Iron and Steel Targets Long-Term Growth Backed by 4 Billion Tonnes of Iron Ore Reserves
Newly listed Vedanta Iron and Steel Ltd plans to strengthen its position in the steel sector through resource-backed expansion, supported by 4 billion...
SEPC Secures ₹673 Crore SAIL Contract for IISCO Steel Plant Expansion
SEPC has won a ₹673.32 crore contract from SAIL's IISCO Steel Plant in Burnpur for key packages under its 4.08 MTPA crude steel...
SAIL Charts FY27 Growth Strategy After Strong FY26 Performance
Steel Authority of India Limited (SAIL) has outlined its FY27 growth strategy focused on special steel production, cost optimisation, customer engagement and capacity...
