steel sector growth
Shyam Metalics to invest ₹2,700 crore to expand value-added steel capacity
Shyam Metalics plans a ₹2,700 crore investment to boost value-added and specialty steel capacity, focusing on higher margins, import substitution, and long-term growth.
Steel Ministry launches skill development push; capacity seen at 300 million tonnes by 2030
The Steel Ministry has launched a skill development initiative at NISST to bridge workforce gaps as India’s steel capacity targets 300 million tonnes...
India crude steel output rises 11.2% to 14 million tonnes in February 2026: ISA
India’s crude steel production rose 11.2% year on year to 14 million tonnes in February 2026, while finished steel consumption increased 9.6%, signalling...
Jindal Stainless Expands Global Footprint with Indonesia Melt Shop Commissioning and ₹900 Crore Investment Plan
Jindal Stainless strengthens its global and domestic presence with a new Indonesia melt shop and ₹900 crore investment in downstream facilities, boosting capacity...
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...
