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Vedanta Iron And Steel Returns to Profit in Q1 FY27 as Revenue Climbs 18% to ₹3,662 Crore

Vedanta Iron And Steel Limited reported a strong turnaround in the first quarter of FY2026-27, posting a consolidated net profit of ₹121 crore...

IndiaIndustrialMetalNewsSteel Daily

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...

IndiaIndustrialNewsSteel DailyStocks

SAIL approves ₹31,000 crore expansion of Bhilai Steel Plant to boost capacity to 10.2 MTPA

SAIL has approved a ₹31,000 crore expansion of its Bhilai Steel Plant in Chhattisgarh, increasing capacity from 6.8 MTPA to 10.2 MTPA. The...

IndiaIndustrialInvestmentMetalNewsSteel Daily

JSW Steel Approves ₹33,000 Crore Capex to Accelerate Vijayanagar Expansion, Total Investment Pipeline Reaches ₹1.31 Lakh Crore

JSW Steel has approved fresh capital expenditure of over ₹33,000 crore during the first quarter of FY27, with a major focus on expanding...

IndiaIndustrialInvestmentMetalNewsSteel Daily

Tata Steel to Invest ₹10,000 Crore in Jharkhand Projects by 2028, Create 2,000 Jobs

Tata Steel will invest ₹10,000 crore in Jharkhand by 2028 to expand steel production capacity and deploy low-emission technologies. The investment is expected...

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...

APIndiaIndustrialInvestmentNewsSteel Daily

Andhra Pradesh allots 93.43 acres to Berry Alloys for ₹1,200 crore integrated steel materials complex in Vizianagaram

Andhra Pradesh has allotted 93.43 acres to Berry Alloys Ltd. for a ₹1,200 crore integrated manganese and steel materials complex in Vizianagaram, strengthening...

IndiaIndustrialIron OreNewsSteel Daily

Tata Steel India Reports 11% Growth in Crude Steel Production During Q1 FY27

Tata Steel India recorded an 11% year-on-year increase in crude steel production to 5.82 million tonnes during the April-June quarter of FY27, supported...

IndiaMetalNewsSteel Daily

SAIL Chairman Ashok Kumar Panda said steel scrap will become a key raw material for India’s steel industry.

SAIL Chairman Ashok Kumar Panda says steel scrap will emerge as a key raw material for India's steel industry as the country expands...

IndiaIndustrialInvestmentMarket UpdatesMetalNewsSteel Daily

SAIL, Indonesia’s PT Krakatau Steel Sign MoU to Explore Stainless Steel Slab Joint Venture

SAIL and Indonesia's PT Krakatau Steel have signed an MoU to explore a joint venture for manufacturing stainless steel slabs, aiming to strengthen...