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India’s Finished Steel Consumption Rises 7.5% to 84.9 Million Tonnes in H1 FY27

India’s finished steel consumption rose 7.5% to 84.9 million tonnes in April–September 2026, while crude steel production increased 2.9%. Steel prices, safety initiatives...

IndiaIndustrialMetalMiningNewsSteel Daily

SAIL, NMDC Asked to Scout Overseas Iron Ore and Coking Coal Assets

The Steel Ministry has asked SAIL and NMDC to explore overseas iron ore and coking coal assets to strengthen raw material security and...

GovernmentIndiaIndustrialMarket UpdatesMetalNewsSteel Daily

India’s New Steel Policy Targets 600 Million Tonnes Capacity by 2047

India’s proposed new steel policy targets 600 million tonnes of steelmaking capacity by 2047, while focusing on raw material security, lower emissions and...

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

Indian Steel Prices Hit Four-Year High as Costs and Demand Rise

Indian steel prices have reached a four-year high, driven by higher coking coal and iron ore costs and stronger post-monsoon demand from construction,...

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

India Can Grow Steel Industry on Domestic Demand, Says Naveen Jindal

Jindal Steel Chairman Naveen Jindal said India’s large domestic market and low per capita steel consumption can support further industry growth despite higher...

IndiaIndustrialMarket UpdatesNewsSteel DailyStocks

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

JSW Steel’s August Crude Steel Output Rises 3% to 24.65 Lakh Tonnes

JSW Steel’s consolidated crude steel production rose 3% year-on-year in August 2026, with Indian operations driving growth as capacity utilisation improved to 88%.

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

SAIL August Sales Rise 13% to 1.87 Million Tonnes as Production Hits Records

Steel Authority of India Limited recorded a 13% rise in August sales to 1.87 million tonnes, while hot metal and crude steel production...

importIndiaIndustrialMetalNewsSteel Daily

India’s Coal Imports Shift Towards Steel as Metallurgical Demand Rises

India’s coal imports remained broadly stable in FY2025-26, but a sharp rise in metallurgical coal purchases points to growing dependence on imported raw...

IndiaIndustrialNewsSteel DailyStocks

SAIL approves ₹31,000 crore expansion of Bhilai Steel Plant to boost capacity to 10.2 MTPA

SAIL has approved a ₹31,000 crore expansion of its Bhilai Steel Plant in Chhattisgarh, increasing capacity from 6.8 MTPA to 10.2 MTPA. The...