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News
JSW Steel records crude steel production of 24.65 lakh tonnes in Aug'26
1+ week, 1+ day ago (56+ words) Business Standard JSW Steel reported consolidated Crude Steel production for the month of August 2026 at 24.65 Lakh tonnes registering 3% YoY growth. The capacity utilisation for Indian operations for the month was at 88%. The break-up of production is as below: (Lakh Tonnes)...
Goyal urges Japanese firms to buy steel from India, backs safeguard duty
2+ week, 5+ day ago (449+ words) Commerce and Industry Minister Piyush Goyal on Monday urged Japanese firms to source steel from India, saying Indian companies manufacture high-quality products. He said India imposed only a 12 per cent safeguard duty on low-grade steel compared to higher duties imposed…...
NMDC Steel standalone net profit rises 97.61% in the June 2026 quarter
4+ week, 1+ day ago (75+ words) Business Standard Sales rise 8.81% to Rs 3661.84 croreNet profit of NMDC Steel rose 97.61% to Rs 50.51 crore in the quarter ended June 2026 as against Rs 25.56 crore during the previous quarter ended June 2025 Sales rose 8.81% to Rs 3661.84 crore in the quarter ended June…...
JSW Steel crude steel output rises 3% to 24.02 million tonnes in July
1+ mon, 2+ day ago (247+ words) JSW Steel on Monday reported a three per cent rise in consolidated crude steel production to 24.02 lakh tonnes in July. The company's crude steel output stood at 23.27 lakh tonnes (LT) in the corresponding month last year. The production from the…...
Steel industry must diversify exports, decarbonise: Govt official
1+ mon, 3+ week ago (235+ words) Ashwini Kumar, Economic Advisor, Ministry of Steel urged the domestic industry to invest in technology and accelerate decarbonisation as global trade barriers and carbon regulations tighten The Indian steel industry must diversify, look for new export markets, and accelerate decarbonisation…...
Elevated coal costs seen capping Q1 margin recovery for steel firms
2+ mon, 3+ day ago (346+ words) Business Standard Steel companies are likely to report weaker-than-expected margin recovery in the June quarter despite higher domestic steel prices, as elevated coking coal, freight and operating costs offset much of the benefit from improved realisations, according to a report…...
India's finished steel production up around 6% in June quarter, consumption spurts 8.3%
2+ mon, 6+ day ago (171+ words) Business Standard Indias steel industry continued to edge higher during the first quarter of Financial Year 2026 Latest data released by the Ministry of Steel showed that Indias crude steel production stood at 42.1 million tonnes during the first quarter of FY2027, up…...
Industry seeks policy push to boost structural steel use in construction
2+ mon, 3+ week ago (139+ words) Business Standard Industry seeks policy push to boost structural steel use in construction Industry executives have called for regulatory reforms, revised building codes and skill development to boost structural steel use as urbanisation gathers pace Register to continue reading premium…...
India initiates anti-dumping probe against Chinese, Japanese chemical
2+ mon, 3+ week ago (275+ words) India has launched an anti-dumping probe into Resorcinol imports from China and Japan following allegations of injury to domestic producers India has initiated an anti-dumping probe against imports of a chemical, used in tyre and rubber products, from China and…...
BHP Group, Rio Tinto see India driving steel's next wave of growth
2+ mon, 3+ week ago (293+ words) Business Standard By Katharine Gemmell BHP Group and Rio Tinto Plc are looking increasingly to India as the next big growth engine for global steelmaking, underscoring how the worldâs biggest iron ore suppliers are preparing for a future beyond…...