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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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Shyam Metalics Announces Rs 10,000 Crore ‘Vision 2031’ Plan to Expand Metals Production and Revenue

Shyam Metalics announces Rs 10,000 crore ‘Vision 2031’ to double revenue, expand steel, stainless steel, aluminium production, create 10,000 jobs, and boost exports...

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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...

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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...

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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...

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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...

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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...

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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...

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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...