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Lloyds Metals Approves ₹1,550 Crore NCDs, Plans DRI Capacity Expansion

Lloyds Metals has approved ₹1,550 crore in NCDs through private placement and plans to expand DRI capacity to 907,400 MTPA with ₹190 crore...

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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...

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...

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...

IndiaIndustrialInvestmentNewsSteel Daily

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,...

IndiaIndustrialInvestmentMetalNewsSteel Daily

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...

IndiaIndustrialInvestmentMetalNewsSteel Daily

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...

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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...

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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...

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

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...