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Mukand Sumi to Invest ₹2,345 Crore in Karnataka Steel Plant, Operations by 2028

Mukand Sumi Special Steel Limited, a joint venture of India and Japan of Bajaj Group and Sumitomo Corporation, has announced the establishment of...

IndustrialMarket UpdatesNewsSteel Daily

SAIL Hikes FY26 Capex to ₹7,500 Cr to Fast-Track Expansion Towards 2030 Goal

In line with accelerating its steel production capacity to 35 million tonnes per annum (MTPA) by 2030, SAIL raises its capital expenditure allocation...

IndustrialMarket UpdatesNewsSteel Daily

JSW Steel Posts Strong Q1 FY26 Results, Stays Wary Amid Import Threats

For the FY26 first quarter, JSW Steel produced a fine set of numbers with net profit at ₹2,209 crore-more than double from ₹867...

IndustrialMarket UpdatesNewsSteel DailyTrending News

RINL’s Move to Outsource Key Operations Sparks Privatization Fears, Worker Protests

State-run steel manufacturer Rashtriya Ispat Nigam Limited (RINL) has invited tenders for managing and maintaining two of its vital production units the Sinter...

IndustrialNewsSteel DailyTrending News

Indian Steel PSUs Tap Global Markets, Eye 300 MT Output by 2030

In a strategic move to secure raw materials and boost India’s steel production, three major public sector undertakings SAIL, NMDC, and MECON are...

IndustrialNewsSteel DailyTrending News

Jindal Steel and Power to Rebrand as ‘Jindal Steel’; Reports ₹304 Cr Q4 Loss

Jindal Steel and Power Ltd (JSPL) will get a radical brand transformation, stripping “Power” from the group name to place greater emphasis on...

IndustrialNewsSteel Daily

Tata Steel Revives Neelachal Ispat, Plans 9.5 MTPA Expansion

Nearly two years since the acquisition of Neelachal Ispat Nigam Ltd (NINL), Tata Steel has managed a spectacular turnaround of the loss-making state-owned...

IndustrialNewsSteel DailyTrending News

India’s Coal-Fired Steel Boom Threatens Global Green Targets

India’s coal-fuelled boom in steel production may be stalling global efforts to green one of the world’s most carbon-intensive sectors, a non-profit monitoring...

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Ministry of Steel Unveils Revamped Website to Boost Transparency and Accessibility

The Ministry of Steel has introduced its revamped official website to raise transparency, accessibility, and efficiency of operations. The new website is characterized...

IndustrialNewsSteel DailyTrending News

Govt Reviewing Supreme Court Verdict That Voided JSW Steel’s ₹19,700-Cr Bhushan Deal

The Indian government is in the process of framing its response to the Supreme Court’s recent decision cancelling JSW Steel’s ₹19,700-crore takeout of...