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Gas Shortage Disrupts JSW Steel Operations, Raises Industry Concerns

Gas shortages triggered by Middle East disruptions are impacting JSW Steel operations, with shutdown risks emerging and broader concerns rising across India’s steel...

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Tata Steel to Invest Rs 11000 Crore in Jharkhand for Advanced Green Steel and Hydrogen Mobility

Tata Steel has announced a major investment of Rs 11000 crore in Jharkhand to develop advanced grade green steel at its Jamshedpur facility,...

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Tata Steel to Commission Rs 3,200 Crore Ludhiana Plant, Boosting Punjab’s Industrial Growth

Tata Steel will begin operations at its Rs 3,200 crore Ludhiana plant from March, strengthening Punjab’s industrial ecosystem and generating around 2,500 jobs.

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India’s Steel Consumption Doubles to 152 MT, Capacity Targeted at 300 MT by 2031

India’s steel consumption has surged to 152 million tonnes in 2024-25, with capacity projected to reach 300 million tonnes by 2030-31, as the...

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Govt Must Monitor Unfair Steel Imports to Protect Domestic Steel Market: Tata Steel CEO

Tata Steel CEO T V Narendran has urged the government to closely monitor unfairly priced steel imports, warning that unchecked inflows could disrupt...

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Vizag Steel Plant Returns to Profit After Years of Financial Stress

Visakhapatnam Steel Plant has staged a strong turnaround, reporting a profit of Rs 54 crore in January 2026, backed by government support and...

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Steel PSU capex to rise 44% in FY27 on improving demand outlook

Capital expenditure by steel public sector undertakings is set to rise sharply in FY27, led by SAIL and NMDC, as domestic demand improves...

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India–Europe Free Trade Agreement Signals New Phase for Steel and Low-Carbon Growth

The India–EU Free Trade Agreement is expected to strengthen steel trade, expand economic engagement and accelerate cooperation in low-carbon steel, offering fresh momentum...

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Steel producers brace for profit pressure as prices stay weak in December quarter

Indian steel producers are expected to report sequentially weaker profits in the December quarter as soft steel prices and higher input costs continue...

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India Turns Net Exporter of Finished Steel in April–December, Exports Rise 33%

India emerged as a net exporter of finished steel during April to December of the current financial year, supported by higher shipments, policy...