steel demand India
LMEL Commissions 3.6 Lakh Tonne Sponge Iron Plant in Maharashtra
Lloyds Metal and Energy Limited (LMEL) has commissioned a new sponge iron plant with an annual capacity of 360,000 metric tonnes at Ghugus...
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...
JSW Steel Urges Higher Import Safeguard Duty as Steel Influx Rises
JSW Steel has called for stronger import safeguards to protect India’s steel industry from a fresh wave of cheap overseas supplies. Jayant Acharya,...
India’s Finished Steel Imports Surge 16% in April-February – Exports Plunge 34%
India’s finished steel imports rose sharply by 15.8% to 8.98 million metric tons (mt) during the April-February period of the 2024-25 fiscal year,...
India Awaits Tariff Clarity for Steel Trade Strategy: Kumaraswamy
The Indian government is adopting a cautious approach to its steel trade strategy, awaiting clarity on the tariffs imposed by the United States....
India’s Steel Industry Faces Mixed Prospects Amid U.S. Tariffs
The U.S. government’s move to slap a 25% tariff on steel imports has evoked mixed responses from India’s steel producers. While some manufacturers view...
Steel Companies Poised for Higher Earnings in Q4: Prabhudas Lilladher
The improving trends in the coking coal global trade market, as well as sector-wise steady demand, will shoot up per-tonne earnings for Indian...
Steel Imports Threaten Domestic Industry’s Growth, Says ICRA in FY25 Outlook
The country’s domestic steel sector will have a very tough year going ahead with capacity utilization likely to slide below 80% for the...
