steel

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    Karnataka Minister Addresses Family's Medical and Financial Needs

    Mysuru, April 10 – Union Minister for Heavy Industries and Steel H.D. Kumaraswamy visited the residence of a critically ill woman in the village of Hullalli in the Nanjangud taluk of Mysuru district on Friday, and extended support to her family after a video highlighting her condition went viral...
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    Steel Industry Forecasts Continued Growth with Key Challenges

    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...
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    Trump Imposes New Tariffs on Steel, Aluminum, and Copper

    Washington, April 3 – US President Donald Trump signed a sweeping proclamation imposing steep tariffs on imports of steel, aluminum, and copper, tightening trade controls in the name of national security.The order mandates that tariffs apply to the "full customs value" of imported metal...
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    Infrastructure Development Fuels Record Cargo Transport for Indian Railways

    Indian Railways achieved a new record in cargo transport during the 2025-26 fiscal year. The railway network transported a record 1,670 million tonnes (MT) of freight, representing a 3.25% increase over the previous year. The Ministry of Railways emphasized that this growth was largely driven by...
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    Freight Transport Growth: Indian Railways Achieves New Milestone

    New Delhi, April 1 The Railway Ministry announced on Wednesday that it had achieved a new record in cargo transport, carrying 1,670 million tonnes of freight and registering a 3.25 per cent growth over the previous year."This achievement reflects sustained improvements in operational...
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    West Asia Conflict Impacts India's Construction Costs

    Kolkata, April 1 The escalating conflict in West Asia is beginning to put pressure on India's real estate sector, with material prices rising, and industry leaders warning of a potential 5 per cent increase in construction costs if the hostilities continue through April.Construction schedules...
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    Domestic Industry Seeks Action Against Subsidized Imports

    New Delhi, March 26 India has initiated an investigation into the import of subsidized Chinese and Indonesian paperboards, as it is allegedly impacting domestic players, according to a notification.The Directorate General of Trade Remedies (DGTR), the commerce ministry's investigation arm, has...
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    CREDAI-NAREDCO: Geopolitical Tensions Raise Construction Costs

    New Delhi, March 23 The real estate associations, CREDAI and NAREDCO, said on Monday that developers are starting to feel the impact of the ongoing conflict in West Asia due to the short supply of some building materials, and that construction costs could rise if tensions continue for a longer...
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    Core Sector Growth Slows to 3-Month Low

    New Delhi, March 20 Production growth in eight core infrastructure sectors slowed to a three-month low of 2.3 per cent in February due to a contraction in the output of crude oil, natural gas, and refinery products.According to government data, these eight sectors expanded by 3.4 per cent in...
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    Kolar Gold Fields: Tailings Dumps Targeted for Revenue

    New Delhi, March 17 A parliamentary committee has urged the mines ministry to expedite the monetization of around 33 million tonnes of gold-rich tailings dumps at Bharat Gold Mines Ltd (BGML) in Kolar Gold Fields, Karnataka.Gold mine tailings dumps are massive storage facilities containing...
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    US Investigates Trade Practices Against 16 Nations

    New Delhi, March 13 India is examining the US announcement to initiate investigations under Section 301 against 16 trading partners, and will respond accordingly, an official said on Friday.The United States Trade Representative (USTR) announced on March 11 that it had initiated investigations...
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    Wind Energy Tender Re-Evaluation Amid Steel Price Hikes

    New Delhi, March 12 The government is re-evaluating its plan to issue tenders for 1 GW wind energy projects, according to a senior official."Tenders for 1 GW of wind energy projects are ready, but we are re-evaluating whether to proceed or not," the official said.Discussions with...
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    SAIL Records 18.24 MT Sales - Strong Fiscal Year Performance

    Steel Authority of India Limited (SAIL) has achieved a record sales of 18.24 million tonnes (MT) during the 11-month period from April to February. The Ministry of Steel announced that the company achieved its best-ever sales in the fiscal year 2026, with a 14% year-on-year growth. It also added...
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    Strong Freight & Passenger Revenue Boost South Western Railway Performance

    Bengaluru, March 2 The South Western Railway (SWR) announced on Monday that it had achieved a gross revenue of Rs 8,550 crore during the financial year 2025-26 up to February, registering a growth of 14.31 per cent compared to the corresponding period of the previous year.It also reported...
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    Freight & Passenger Revenue Boost South Western Railway's Performance

    Bengaluru, March 2 The South Western Railway (SWR) announced on Monday that it had achieved a gross revenue of Rs 8,550 crore during the financial year 2025-26 up to February, registering a growth of 14.31 per cent compared to the corresponding period of the previous year.It also reported...
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    Sarda Energy's FY26 Performance Driven by Power Agreements & Solar Expansion

    New Delhi, February 9 Sarda Energy & Minerals Ltd (SEML) on Monday said its profit after tax stood at Rs 190 crore in the October-December quarter of FY26, despite seasonal fluctuations and planned shutdowns.The company has interests in steel, ferro alloys, and power generation, among other...
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