Steel Prices India
Jindal Steel Q2 Profit Falls 26% Amid Record Value-Added Steel Sales
Jindal Steel & Power reported a 26.2% drop in Q2 FY26 net profit to Rs 635 crore, while revenue rose 4.2% to Rs...
India’s Small Steelmakers Cut Production as Weak Demand and Monsoon Slowdown Hit Construction Sector
India’s small steel producers have cut output by nearly one third amid weak demand, falling prices, and monsoon disruptions, despite government tax cuts...
Steel Consumption in India Projected to Grow 9–10%: Steel Secretary
India’s steel sector is set for 9–10% growth this year, supported by GST 2.0 reforms, construction demand, and government safeguards. Steel Secretary Sandeep...
Construction Costs Up 40% Since 2019, Developers Push for GST Relief
Since 2019, construction costs have skyrocketed by nearly 40%, forcing developers to demand GST relief, pushing affordable housing in India into an even...
SAIL Eyes ₹36,000 Cr IISCO Expansion by FY27, Faces Tender and Debt Challenges
Steel Authority of India Ltd (SAIL) is pursuing the ambitious expansion of its IISCO Steel Plant at an estimated cost of ₹36,000 crore...
India’s Steel Imports Drop 40% in February Amid Safeguard Duty Concerns; Exports Plunge 60%
Imports of steel into India plunged 40% in February to 0.6 million tonnes the lowest level since April. This drop was 29% lower than January’s...
Rumors of 12% Steel Import Levy Cause Uncertainty in Indian Market
Reports in the Indian press are abuzz with speculation of a 12% temporary safeguard duty on steel imports to shield domestic producers from rampant...
India Plans Tax on Some Low-Cost Steel Imports from China
Temporary levy of 15%-25% on China-origin steel imports within 6 months scrapped Steel Minister H.D. Kumaraswamy said the move was aimed at protecting local manufacturers...
India’s Steel Industry Under Pressure: Rising Dumping Concerns Amid Trump’s Tariff Plans
India Steel Braces for Jolt from Trump’s Tariff Threat. This spells doom for the Indian steel industry, as it was in flames when...
