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SAIL Reports ₹1,636 Crore Profit in Q1 FY27 as Margins Improve

SAIL reported a 138.65% year-on-year rise in standalone profit to ₹1,636 crore in Q1 FY27, while turnover stood at ₹26,010 crore and EBITDA...

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

Shyam Metalics August 2026 Sales Rise as Stainless Steel Volumes Gain 16.4%

Shyam Metalics reported strong August 2026 sales across key segments, led by a 16.4% year-on-year rise in stainless steel volumes to 10,920 tonnes.

ConstructionEquipmentIndiaMarket UpdatesMetalNewsSteel Daily

India’s Construction Equipment Industry May See Single-Digit Growth in FY27: ICEMA

India’s construction equipment industry may see single-digit growth in FY27 as steel and bitumen prices,geopolitical uncertainty and infrastructure execution challenges weigh on demand.

IndiaIndustrialMetalNewsSteel Daily

Indian Steel Mills Face Margin Pressure as Coking Coal Prices Rise

Rising coking coal prices are increasing steelmaking costs for Indian mills, putting pressure on margins as producers face supply disruptions and limited scope...

IndiaIndustrialMarket UpdatesMetalNewsSteel DailyTrade

India’s Steel Consumption Rises 6.5% to 14.4 Million Tonnes in July 2026

India’s steel consumption rose 6.5% year-on-year to 14.4 million tonnes in July 2026, while production remained steady amid strong domestic demand.

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

India’s Primary Steel Producers Expected to Maintain Stable Profitability in FY27 Despite Rising Costs: Crisil Ratings

India's primary steel producers are expected to maintain stable profitability in FY27 despite rising production costs, supported by higher domestic steel prices, safeguard...

NewsSteel Daily

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...

IndiaIndustrialMarket UpdatesMetalMiningNewsSteel DailyTrending News

Steel Prices Rise 12.3% While Cement Remains Stable Under India’s Revised WPI Series

India’s revised Wholesale Price Index data for May 2026 highlights strong growth in steel, fabricated metals and mining sectors, while cement and other...

ConstructionConstruction Material Price UpdatesCREDAIIndiaLabourNewsReal Estate

Construction Costs Rise Over 25% as Material Shortages and Labour Constraints Impact Real Estate Sector: CREDAI

CREDAI has warned that construction costs have increased by more than 25 percent due to global conflicts, material shortages and labour constraints, putting...

ExportimportIndiaIndustrialMetalNewsSteel Daily

India’s Crude Steel Output Rises 5.8% in April 2026 on Strong Domestic Demand

India’s crude steel production increased 5.8 percent in April 2026, driven by strong infrastructure activity and rising manufacturing demand, according to the Ministry...