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SAIL, Krakatau Steel plan $350 million stainless steel slab plant in Indonesia

India's state-owned Steel Authority of India Limited (SAIL) and Indonesia's Krakatau Steel are planning to jointly invest up to $350 million in a...

IndiaIndustrialMetalMSMENewsSteel Daily

Indian Steel Industry Must Accelerate Decarbonisation, Technology Adoption to Stay Globally Competitive: Steel Ministry

India's steel industry must accelerate decarbonisation, strengthen technology and R&D, and diversify export markets to remain globally competitive amid changing global trade regulations,...

ExportimportIndiaIndustrialNewsSteel Daily

Indian Steelmakers Shift Focus to Domestic Market as Europe Tightens Imports and Chinese Steel Intensifies Competition

Indian steel producers are turning to the domestic market after tighter import restrictions in Europe and the UK impacted exports. However, increasing inflow...

Market UpdatesMetalNewsSteel Daily

JSW Steel Crude Steel Production Rises 3% to 6.59 Million Tonnes in Q1 FY27

JSW Steel recorded a 3% year-on-year growth in consolidated crude steel production to 6.59 million tonnes during the April-June quarter of FY27, driven...

IndiaIndustrialInfrastructureMetalNewsSteel DailyTrade

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...

IndiaIndustrialIron OreMarket UpdatesMetalMiningNewsSteel Daily

West Asia tensions push up costs for India’s steel industry, says Tata Steel MD T V Narendran

Rising geopolitical tensions in West Asia are increasing freight, insurance, and fuel costs for India’s steel sector, putting pressure on margins and downstream...

ExportimportIndustrialIron OreMetalMiningNewsSteel DailyTradewarehouse

Cheap Chinese Steel Imports Threaten India’s Domestic Industry, Says Steel Secretary Sandeep Poundrik

Steel Secretary Sandeep Poundrik warns that rising cheap Chinese steel imports are forcing hundreds of Indian mills to shut or scale back production,...

ExportimportIndiaIndustrialIron OreMetalMiningNewsSteel DailyTamil NaduTrade

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...

ExportimportIndiaIndustrialIron OreMarket UpdatesMetalNewsSteel DailyTrade

Domestic Steel Prices Plunge to Five-Year Low Amid Rising Imports and Weak Export Demand

Domestic steel prices drop to Rs 47,000–48,000 per tonne, a five-year low, amid rising imports and weak export demand; Steel Ministry holds discussions...

IndiaIndustrialIron OreMetalMiningNewsSteel DailyTechnology

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...