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Vizag Steel Plant Returns to Profit After Years of Financial Stress

Visakhapatnam Steel Plant has staged a strong turnaround, reporting a profit of Rs 54 crore in January 2026, backed by government support and...

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Steel PSU capex to rise 44% in FY27 on improving demand outlook

Capital expenditure by steel public sector undertakings is set to rise sharply in FY27, led by SAIL and NMDC, as domestic demand improves...

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Economic Survey Flags Global Price Pressures, Raw Material Risks for India’s Steel Sector

India’s steel sector continues to show strong growth momentum driven by domestic demand, but faces mounting challenges from global price pressures and raw...

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India’s Industrial Output Records Strongest Growth in Over Two Years

India’s industrial production posted its fastest growth in more than two years in December 2025, driven by broad-based expansion in manufacturing, mining and...

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RINL’s Vizag Steel Plant Sets Record With Highest Ever Single Day Hot Metal Production

RINL’s Visakhapatnam Steel Plant has achieved its highest ever single day hot metal production of 21,205 tonnes, highlighting operational discipline, workforce resilience, and...

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Tata Steel Moves to Acquire Majority Stake in Thriveni Pellets to Strengthen Raw Material Security

Tata Steel is set to acquire a 50.01 percent stake in Odisha based Thriveni Pellets, a move that significantly boosts its raw material...

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Sambhv Steel Tubes Moves to Double Annual Capacity with ₹50 Crore Expansion Plan

Sambhv Steel Tubes has approved a ₹50 crore expansion plan that will double its annual manufacturing capacity to 1,16,000 MT by FY26 Q4....

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JSW Steel Reports 9% Rise in Crude Steel Production Despite Vijayanagar Furnace Shutdown

JSW Steel recorded a 9% year-on-year growth in crude steel production for October 2025, maintaining strong operational performance despite the temporary shutdown of...

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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...