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STEELMAKING CAPACITY EXPANSION
Vedanta Iron and Steel aims to become major resource-backed integrated steel platformVedanta Iron And Steel Ltd, newly listed, plans to be a leading integrated steel producer. The company will leverage its vast iron ore rese...
The new man of steel! India seen filling the void China may leaveIndia Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low,...
India Inc. is profitable. So why isn’t it investing?Indian companies are making record profits, but they are not investing in new factories or infrastructure. This is creating fewer jobs and ...
World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond ChinaGlobal mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urbanisation and infrastructure project...
Steel giants step on capex pedalJSW, Tata, SAIL, JSPL are set to hike capex up to 65%; spending surge defies West Asia cost pressures.
Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headacheIn the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia ...
New steel policy in works as India shifts focus to premium and green steelIndia is developing an innovative steel policy aimed at redefining the industry landscape by 2035 and 2047. This initiative will establish ...
India steel sector grows in April, crude output up 5.8%, consumption up 8.1%India's steel sector showed strong growth in April 2026. Production and consumption of steel increased significantly. This performance refl...
India aiming to cut steel emissions by 25%, double capacity, document showsIndia is set to boost its steel production significantly by 2035-36. The new National Steel Policy 2025 targets a substantial reduction in ...
Steel Minister announces capacity expansion plan for SAIL's Rourkela plantUnion Steel Minister HD Kumaraswamy announced a significant 9.8 million tonne capacity expansion plan for SAIL's Rourkela Steel Plant, aimi...
Jindal Steel commissions 3 MTPA oxygen furnace at Angul facility, aims to achieve 12 MTPA capacity in FY26Jindal Steel has announced that the company has commissioned a new 250 MT Basic Oxygen Furnace and Blast Furnace 2 at its Angul plant. This...
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...
Tata Steel commissions steel recycling plant in Haryana“Steel Scrap is a valuable resource and an important future Raw Material for steel making. Recycling scrap ensures the closure of the Circu...
India to back G20 move to curb excess steel capacity, subsidiesIndia is the world’s third-largest steel producer, but cheap imports from China, Russia, Japan and South Korea have hurt the domestic indus...
JSW Steel draws $250 mn from Axis Bank to expand Dolvi facilityThe Sajjan Jindal-led JSW Steel is expanding steel-making capacity at its plant in Dolvi to 5 million tonne per annum (mtpa) from 3.3 mtpa.
JSW Steel scouts for acquisitions"In line with the company's long-tern growth strategy, the capacity expansion projects including the project at Salem, will be taken up in ...
SAIL, JSW and Tata Steel to have better year ahead: Moody's"Demand for steel will likely increase a modest 3%, outpacing net production capacity additions and driving increased utilisation rates."
Posco, Arcelor exit won’t impact India: Steel companiesThe decision of global steelmakers ArcelorMittal and Posco to scrap their India projects will not upset the demand supply equilibrium.
SAIL to meet increased iron ore needs from captive sourcesSAIL, which is the second largest iron ore miner in the country, produced about 21.48 mt of the key raw material for making steel in 2012-1...
- RINL plans to raise up to Rs 6,000 crore in 3 years
RINL plans to raise about Rs 5,000-6,000 crore in the next 3 years from the markets to meet capital expenditure requirements.