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West Asia conflict pushes steel, aluminium prices up 20–25%, raises construction cost concerns

The prolonged conflict in West Asia has triggered a sharp 20–25% rise in steel and aluminium prices, increasing cost pressure on India’s construction...

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Steel producers brace for profit pressure as prices stay weak in December quarter

Indian steel producers are expected to report sequentially weaker profits in the December quarter as soft steel prices and higher input costs continue...

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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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Steel Industry Pushes for Permanent Anti-Dumping Duty to Counter Import Pressure

India’s steel industry is urging the government to move beyond temporary safeguard duties and implement permanent anti-dumping measures to curb cheap imports, stabilise...

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Steel Policy Contradictions Could Raise Costs and Slow Growth: GTRI

Contradictory steel policies in India are raising production costs and weakening competitiveness, as protection for finished steel clashes with curbs on key inputs...

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India Emerges as Net Importer of Finished Steel Amid Shifting Trade Trends

India has turned into a net importer of finished steel since 2022–23, with imports overtaking exports despite higher crude steel output and fluctuating...

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AMNS India Bets Big on India’s Steel Demand with 25–26 MT Capacity Target by 2030

ArcelorMittal Nippon Steel India has outlined an ambitious plan to nearly triple its steelmaking capacity to 25–26 million tonnes by 2030, anchored by...

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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...

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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...