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IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

APL Apollo Tubes Q2 Net Profit Rises 25.83% to ₹380 Crore

APL Apollo Tubes reported consolidated net profit of ₹380 crore for the second quarter of Financial Year 2026–27, up 25.83% year-on-year and above...

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

JSW Steel Q2 FY27 Net Profit Surges 225% to ₹5,279 Crore on Record Sales

JSW Steel reported a 225.3% year-on-year rise in Q2 FY27 net profit to ₹5,279 crore. Revenue increased 10.7% to ₹54,486 crore, while record...

ExportimportIndiaIndustrialMarket UpdatesMetalNewsSteel Daily

Piyush Goyal Warns EU Steel Carbon Tax Could Raise Costs and Hurt Industry Competitiveness

Piyush Goyal has criticised the EU's carbon tax on steel, warning that CBAM could increase industrial and infrastructure costs in Europe while adding...

ConstructionIndiaIndustrialMarket UpdatesMetalNewsSteel Daily

India’s Construction Boom Drives Fresh Wave of Steel Industry Investments

India’s construction and infrastructure boom is driving fresh steel industry investments, with JSW Steel and regional manufacturers planning capacity expansions to meet rising...

IndiaIndustrialMetalNewsOffice SpaceSteel Daily

Nirmala Sitharaman Invites World Steel Association to Set Up Office in India

Finance Minister Nirmala Sitharaman has invited the World Steel Association to establish an office in India, citing rising steel demand and calling for...

IndiaIndustrialMetalNewsSteel Daily

JSW Steel Reports 5% Growth in Q2 FY27 Crude Steel Production to 7.27 Million Tonnes

JSW Steel reported a 5% year-on-year increase in consolidated crude steel production to 7.27 million tonnes in the Second Quarter of Financial Year...

IndiaIndustrialInvestmentMetalNewsSteel Daily

Tata Steel to Invest ₹40,000 Crore to Expand NINL Capacity in Odisha

Tata Steel plans to invest ₹40,000 crore to expand Neelachal Ispat Nigam Limited in Odisha by 5 million tonnes annually, strengthening its long-products...

ConstructionIron OreMarket UpdatesMetalNewsSteel Daily

Steel Exchange India Records 24,823 MT Re-Bar Production in August

Steel Exchange India recorded a record 24,823.509 MT of Re-Bar production in August 2026 after commissioning a new Reheating Furnace, alongside stronger profits,...

IndiaIndustrialIron OreMarket UpdatesMiningNewsSteel Daily

Lloyds Metals Reports Record First-Half Iron Ore Production of 10 Million Tonnes

Lloyds Metals and Energy recorded its highest-ever first-half iron ore production at 10 million tonnes, while DRI and pellet output also posted strong...

IndiaIndustrialInvestmentMarket UpdatesMetalNewsSteel Daily

Essar-backed Mesabi Metallics Announces $18 Billion US Steel Investment

Essar-backed Mesabi Metallics has announced an $18 billion investment to build an integrated steel business in the United States, linking its iron ore...