steel production

New Delhi, April 8 Domestic consumption of finished steel grew by 7-8 per cent to 164 million tonnes in FY26, driven by increased activity in the infrastructure, construction, railways, and manufacturing sectors.The country's crude steel output grew by over 10.7 per cent to around 168.4...

The Ministry of Steel announced today that the country's steel sector had performed strongly in the last financial year, solidifying its position as the world's second-largest producer. It stated that the sector saw significant gains in production, consumption, and exports, driven by strong...

New Delhi, April 7 Tata Steel announced on Tuesday that it had achieved its highest-ever annual crude steel production in India, reaching 23.48 million tonnes in 2025-26, an increase of eight per cent compared to the previous fiscal year.This increase was mainly due to the increased output at...

New Delhi, April 6 Mesabi Metallics Company LLC, a company within the Essar Group, has secured USD 150 million in financing from Macquarie Group to support the planned third-quarter 2026 startup of its Direct Reduction (DR) grade iron ore mine and pellet plant in Minnesota.This latest funding...

New Delhi, April 3 Mining major Vedanta Ltd reported a mixed performance for the last quarter of 2025-26, as its production of aluminium and zinc rose while output of iron ore, steel, and oil & gas declined.The company's total aluminium production during the quarter rose by 2 per cent, and...

April 02, New Delhi: Steel Authority of India Limited (SAIL) has achieved its highest-ever performance in the fiscal year 2025-26, setting new records in both production and sales.The company achieved record sales of 20.14 million tonnes, representing a 11.5 per cent growth over the previous...

New Delhi, April 2 Steel Authority of India Ltd (SAIL), the largest steel-making public sector company, announced on Thursday that its sales grew by 11.5 per cent to 20.14 Million Tonnes (MT) in FY'26.The company's crude steel output was at 19.43 MT, and saleable steel production was at 19.176...

New Delhi, March 30 JSW Steel, led by Sajjan Jindal, announced on Monday that Japan's JFE Steel Corporation has invested ₹7,875 crore to acquire a 25 per cent stake in JSW Kalinga Steel Ltd.The investment is the first tranche of JFE's planned stake in JSW Kalinga, with 2,26,94,524 equity...

New Delhi, March 27 A parliamentary panel has asked SAIL to strengthen its sales and take steps to improve revenue realisation and market competitiveness, as certain advanced and special steel grades remain outside its portfolio.The report titled 'Organisational Structure and Performance of...

New Delhi, March 24 Jindal Stainless announced on Tuesday the commissioning of a 1.2 million tonnes stainless steel melting shop (SMS) in Indonesia, as part of its ongoing ₹5,700 crore expansion plan.With this development, the company said its annual melting capacity has increased to 4.2...

New Delhi, March 24 Jindal Steel announced on Tuesday that it has doubled the steel-making capacity of its Angul facility to 12 million tonnes per annum.With this expansion, Angul has become one of the largest single-location steel plants in India, taking Jindal Steel's overall capacity to...

In Visakhapatnam, Andhra Pradesh Chief Minister N. Chandrababu Naidu inaugurated the foundation of the ArcelorMittal Nippon Steel (AM-NS) India plant in Nakkapalli, Anakapalli district, highlighting that the state is the ideal destination for industrial investment in India.Union Minister for...

Rajayyapeta (Andhra Pradesh), March 23 Andhra Pradesh Chief Minister N Chandrababu Naidu laid the foundation stone for the Rs 1.36 lakh-crore ArcelorMittal Nippon Steel India steel plant here in the Nakkapalli mandal of the Anakapalli district on Monday.With a capacity of 17.8 million tons per...

Amaravati, March 21 Andhra Pradesh Chief Minister N Chandrababu Naidu is scheduled to lay the foundation for the Rs 1.36 lakh-crore AM/NS India steel plant in the Anakapalli district on March 23.Union Heavy Industries and Steel Minister HD Kumaraswamy, Arcelor Mittal executive chairman Lakshmi...

Ludhiana/New Delhi, March 20 Punjab Chief Minister Bhagwant Mann inaugurated Tata Steel's scrap-based electric arc furnace, which was built with an investment of nearly Rs 3,200 crore.Speaking at the event, Mann said that the state government provides a conducive environment for the industry...

New Delhi, March 8 The global steel industry, including India, is expected to face multiple market-related challenges in the coming days as the escalating crisis in the Middle East impacts fuel costs, which has led to increased freight rates, according to BigMint Research.Military tensions in...

Ranchi, March 2 Tata Steel will invest ₹11,000 crore in Jharkhand to develop advanced-grade steel at its Jamshedpur facility, Tata Group Chairman N Chandrasekaran said on Monday.The technology developed by the Tata Group for advanced steel production will also benefit other steelmakers, he...

Ranchi, March 2 Tata Steel will invest ₹11,000 crore in Jharkhand to develop advanced grade steel at its Jamshedpur facility, Tata Group Chairman N Chandrasekaran said on Monday.The technology developed by the Tata Group for advanced steel production will also benefit other steelmakers, he...

New Delhi, March 2 Godawari Power and Ispat announced on Monday that the company has expanded its sponge iron capacity to 6.5 lakh tonnes, from 5.94 lakh tonnes previously.The increased capacity has been operational from February 28, after receiving approval from the Chhattisgarh Environment...

Secretary of the Ministry of Steel, Sandeep Pondrik, stated that India's steel consumption has experienced an unprecedented surge, increasing from 77 million tons in 2014-15 to 152 million tons in 2024-25. He made this statement while addressing a session at the Ministry of Steel pavilion at the...