SAIL FY25 net profit falls 23% to Rs 2,371 croreSteel Authority of India Limited's consolidated bottomline saw a 22.66% decline for fiscal year 2024-25. The total income stood at Rs 1.03 ...
28 May, 2025, 09.42 PM IST
US tariffs may change global trade flows, make India more vulnerable to steel imports: SAIL chairmanSAIL Chairman Amarendu Prakash suggests that higher US tariffs on steel and aluminum could alter global trade flows, potentially increasing...
02 Apr, 2025, 05.06 PM IST
India expected to surpass 300 MT capacity target by 2030: SAIL chairmanIndia is projected to exceed its 300 million tonnes steel capacity target by 2030, reaching 330 MT instead. Initially deemed unrealistic in...
15 Feb, 2025, 08.11 PM IST
SAIL Q3 profit slumps 62% YoY to Rs 126 crore on lower steel pricesSAIL Q3 Results: SAIL's Q3 profit dropped 62% YoY to ₹126 crore due to lower steel prices, despite higher sales boosting revenue. EBITDA im...
12 Feb, 2025, 02.50 PM IST
India needs to impose tariffs on steel imports, SAIL's chairman saysIndia needs to impose tariffs on steel imports to support the domestic steel industry, according to Steel Authority of India's Chairman Ama...
09 Oct, 2024, 05.38 PM IST
SAIL-BHP to jointly forge steel decarbonisation planSteel Authority of India Limited (SAIL) and BHP signed an MoU to explore decarbonisation strategies for SAIL's integrated steel plants. The...
07 Oct, 2024, 02.40 PM IST
SAIL willing to participate in Critical Mineral Mission: Chairman Amarendu PrakashSAIL, India's largest steel producer, is open to participating in the Critical Mineral Mission aimed at securing the country's mineral supp...
05 Sep, 2024, 01.25 PM IST
SAIL Q1 Results: Net plunges over 60% as steel prices melt on import pressureSAIL experienced a substantial decline in net profit, falling over 60% to ₹81.78 crore in Q1 of FY 2024-25, due to reduced domestic steel p...
09 Aug, 2024, 07.46 AM IST
SAIL to invest Rs 6,500 Cr towards capex in FY25: CMD Amarendu PrakashSteel Authority of India Ltd (SAIL) plans to invest ₹6,500 crore this fiscal year as part of its ₹1 lakh crore capex over the next few year...
05 Jul, 2024, 04.40 PM IST
Keeping close watch on steel imports: SAIL Chairman Amarendu PrakashIndia's largest steel player, SAIL, is closely monitoring steel imports amid concerns over China's heavy tariffs on electric vehicles, batt...
17 May, 2024, 05.42 PM IST
SAIL working on plans to expand capacity by 15 MT in phase 1: Chairman Amarendu PrakashState-owned steel maker SAIL is planning to expand its installed capacity by 15 million tonnes in the first phase, with the current capacit...
19 Nov, 2023, 11.05 AM IST
SAIL wants to increase coking coal purchases from RussiaCoking coal, a key raw material in steelmaking, is in short supply and Russian coking coal is cheaper compared with the ones from Australia...
06 Nov, 2023, 01.09 PM IST
SAIL plans to begin trial production of special rails by month-end: Chairman Amarendu PrakashSteel maker SAIL plans to begin trial production of head hardened (HH) rails used in metro rail and freight corridor projects by the end of...
15 Oct, 2023, 11.16 AM IST
SAIL sources 6 lakh tonne coking coal from Russia in 8 shipments: Chairman Amarendu PrakashState-owned SAIL has sourced 8 shipments of coking coal, each weighing 75,000 tonnes, from Russia between April and September of FY24. The ...
28 Sep, 2023, 05.09 PM IST
SAIL expects four coking coal ships from Russia in Sept quarterSteel Authority of India (SAIL) is expecting four shipments of coking coal from Russia in the September quarter, according to Chairman Amar...
28 Sep, 2023, 01.58 PM IST
Amarendu Prakash takes charge as SAIL chairmanHe is a metallurgical engineer from BIT Sindhri and joined SAIL in 1991 as a Management Trainee (Technical). A company statement said Praka...
31 May, 2023, 10.08 PM IST
Rourkela Steel Plant registers 'best-ever' H1 production in key areasThe figures "are not only the highest for any half year (H1), but also a significant improvement of 42.9 per cent, 38 per cent and 37.8 per...
06 Oct, 2021, 12.31 PM IST