Steel Demand
JSW Steel Q1 FY27 Profit Jumps 113% to ₹4,651 Crore on Strong Sales and Higher Steel Prices
JSW Steel reported a 113% year-on-year increase in consolidated net profit to ₹4,651 crore during Q1 FY27, supported by higher steel prices, record...
India’s Finished Steel Production Rises 5.9% to 41 Million Tonnes in Q1 FY27 as Infrastructure Demand Strengthens
India's finished steel production increased 5.9% to 41 million tonnes during the April-June quarter of FY27, while consumption grew 8.3% to 41.6 million...
TMT Rebar Prices Fall to Six-Month Low as Monsoon Slows Construction Activity
TMT rebar prices in India have dropped to a six-month low of ₹50,000 per tonne as weak demand, high inventories and the monsoon...
Shyam Metalics Plans ₹20,000 Crore Investment in West Bengal, Eyes Major Railway Manufacturing Push
Shyam Metalics plans to invest ₹20,000 crore in West Bengal, including a ₹4,000 crore railway manufacturing unit in Kharagpur, while expanding employment in...
India Hot Rolled Coil (HRC) prices may rise by ₹3,500 per tonne in April amid raw material cost pressure
Domestic steel manufacturers are likely to increase hot-rolled coil prices by ₹3,500 per tonne in April as rising iron ore, coking coal and...
Tata Steel hits record 23.48 million tonnes crude steel output in India in FY26
Tata Steel has reported its highest-ever annual crude steel production in India at 23.48 million tonnes for FY26, driven by strong demand across...
JSW Steel Reports 9% Rise in Crude Steel Production Despite Vijayanagar Furnace Shutdown
JSW Steel recorded a 9% year-on-year growth in crude steel production for October 2025, maintaining strong operational performance despite the temporary shutdown of...
India targets 300 million tonnes steel capacity by 2030; explores green steel collaboration with Sweden
India is targeting 300 million tonnes of crude steel capacity by 2030, with Sweden exploring green steel collaboration as domestic demand surges amid...
Shyam Metalics’ Ramsarup Industries to Commission Advanced Blast Furnace and Sinter Plant by November 2025
Ramsarup Industries, part of Shyam Metalics, will commission a Rs 369 crore, 0.45 MTPA blast furnace and sinter plant by November 2025 to...
JSW Steel Q2 FY26 Net Profit Surges 270% to ₹1,623 Crore on Record Production and Strong Exports
JSW Steel reported a Q2 FY26 net profit of ₹1,623 crore, up 270% YoY, driven by record 7.90 million tonnes steel production, strong...
