steel sector growth
India’s Steel Consumption Doubles to 152 MT, Capacity Targeted at 300 MT by 2031
India’s steel consumption has surged to 152 million tonnes in 2024-25, with capacity projected to reach 300 million tonnes by 2030-31, as the...
India Expands Steel Export Focus to Middle East and Asia Amid Diversification Push
India is actively exploring new steel export markets in the Middle East and Asia as part of a broader strategy to reduce dependence...
NMDC Explores Coal Assets in Canada to Support India’s Steel Expansion
State-owned miner NMDC is exploring coal reserves in Canada to secure raw material supplies for India’s expanding steel sector, as the country pushes...
SAIL Posts 60% Jump in Profit on Higher Volumes and Debt Reduction
Steel Authority of India Limited reported a strong improvement in profitability for the first nine months of FY26, supported by higher sales volumes,...
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...
India–Europe Free Trade Agreement Signals New Phase for Steel and Low-Carbon Growth
The India–EU Free Trade Agreement is expected to strengthen steel trade, expand economic engagement and accelerate cooperation in low-carbon steel, offering fresh momentum...
JSW Steel Plans Rs 2 Lakh Crore Investment to Boost Capacity Beyond 50 Million Tonnes
JSW Steel is gearing up for a major expansion with plans to invest over Rs 2 lakh crore in the next five to...
JSW Steel Q2 FY26 Net Profit Surges 270% to ₹1,623 Crore on Record Production and Strong Exports
JSW Steel reported a Q2 FY26 net profit of ₹1,623 crore, up 270% YoY, driven by record 7.90 million tonnes steel production, strong...
Tata Steel India’s Crude Steel Output Rises 7% to 5.67 Million Tonnes in Q2FY26
Tata Steel’s crude steel output in India rose 7% year-on-year to 5.67 million tonnes in Q2FY26, driven by the Jamshedpur furnace relining and...
Supreme Court Clears JSW Steel’s Rs 20,000-Crore Bhushan Power Acquisition
Supreme Court clears JSW Steel’s Rs 20,000-crore acquisition of Bhushan Power, ending legal battle and boosting eastern India operations.
