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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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Andhra Pradesh to Lay Foundation Stone for AMNS Steel Plant After February 15

Andhra Pradesh Chief Minister N Chandrababu Naidu said the foundation stone for the ArcelorMittal Nippon Steel plant in Anakapalli will be laid after...

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Rashmi Group to Set Up ₹12,500 Crore Steel Plant in Telangana, AB InBev Expands Operations

Rashmi Group has announced a ₹12,500 crore investment to establish a major steel manufacturing plant in Telangana, while AB InBev plans to expand...

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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...

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Sri City Attracts ₹20,250 Crore Investments in 2025, Strengthens Manufacturing Hub Status

Sri City secured ₹20,250 crore investments through 43 MoUs in 2025, marking a landmark year as global manufacturers expanded operations and reinforced its...

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L&T Wins Major Steel EPC Orders, Strengthening India’s Capacity Expansion Drive

Larsen & Toubro has secured major EPC orders from SAIL and other clients, supporting large-scale steel capacity expansion, modernisation and India’s push towards...

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Rama Steel Tubes Delivers Strong Volume Growth on Steady Demand for Structural Steel

Rama Steel Tubes reported strong volume growth in Q3FY26 and the nine months ended December 2025, driven by steady demand for branded structural...

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Jindal Steel to Double Structural Steel Capacity at Raigarh by 2028

Jindal Steel has announced plans to double structural steel production capacity at its Raigarh facility in Chhattisgarh by 2028, strengthening domestic supply for...

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India Accelerates Steel Capacity Expansion as 2030 Target Enters Final Stretch

India is stepping up steel capacity expansion efforts as it moves into the final phase of its 300 million tonne 2030 target, with...