steel market India
TMT Rebar Prices Fall to Six-Month Low as Monsoon Slows Construction Activity
TMT rebar prices in India have dropped to a six-month low of ₹50,000 per tonne as weak demand, high inventories and the monsoon...
India Launches Anti-Dumping Probe into Hot Rolled Steel Imports from China, Japan and Russia
India has launched an anti-dumping investigation into hot rolled steel imports from China, Japan and Russia following complaints from domestic steel producers over...
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...
JSW Steel’s Crude Steel Production Rises 15% in May on Strong Performance from Dolvi and JVML
JSW Steel reported a 15% year-on-year increase in crude steel production to 22.93 lakh tonnes in May 2026, supported by full-capacity operations at...
Indian Steel Makers Enter Multi Year Investment Cycle to Achieve 300 Million Tonnes Capacity by 2030
India’s steel industry is entering a major investment phase, with leading steel producers planning ₹70,000 crore in capital expenditure during FY27 as the...
SAIL Sees Limited Impact on Steel Prices Despite West Asia Crisis, Strengthens Raw Material Supply Routes
SAIL expects only a marginal impact on steel prices from the ongoing West Asia crisis despite rising freight costs for imported limestone. The...
China Emerges as Top Steel Exporter to India in April 2026 Despite Import Tariffs
China's finished steel exports to India more than doubled to 232,000 tonnes in April 2026, making it the largest exporter to the country...
Tata Steel Plans 48 MT India Capacity Expansion Through Brownfield Projects
Tata Steel plans to expand its India steel production capacity to 48 million tonnes through brownfield projects while expecting UK operations to achieve...
Tata Steel Q4 Profit Jumps 125% To ₹2,926 Crore On Higher Volumes And Strong India Growth
Tata Steel reported a 125% rise in Q4 FY26 net profit to ₹2,926 crore, supported by higher India volumes, improved product mix, cost...
JSW Steel Q4 Profit Surges to ₹16,370 Crore on BPSL Deal Gain and Record Steel Sales
JSW Steel reported a sharp rise in Q4 FY26 profit to ₹16,370 crore, supported by exceptional gains from the BPSL transaction, record steel...
