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India's next commodity cycle could be driven by scrap as organised metal recycling gains momentum
1+ mon, 2+ week ago (288+ words) India's metals industry is undergoing a structural shift from mining towards recycling, with organised non-ferrous metal recyclers positioned to benefit from rising metal consumption, resource constraints, sustainability requirements and increasing formalisation of the scrap ecosystem, according to a report by…...
Indian steelmakers enter multi-year capex cycle as capacity expansion accelerates
3+ mon, 3+ day ago (402+ words) Indian steelmakers are entering a multi-year investment cycle, with top producers increasing capital expenditure by 40% to Rs 70,000 crore in FY27. Indian steelmakers are set to enter a multi-year investment cycle as the country targets expanding its steel-making capacity to 300 million tonnes…...
India outperforms global peers, steel output jumps 11% amid global slowdown: Centrum
3+ mon, 4+ week ago (283+ words) India's steel sector continued to outpace its global counterparts in March 2026, even as total worldwide output struggled to maintain its year-on-year (y-o-y) pace. According to a report by Centrum, domestic crude steel production surged by 11 per cent annually, reaching 15.3 million…...
India's steel output, consumption rise in April; prices recover across categories: Govt
4+ mon, 1+ week ago (158+ words) India’s steel sector maintained its growth momentum in April 2026, with higher production and consumption supported by strong domestic demand across infrastructure and manufacturing, according to data released by the Ministry of Steel. India’s total steel capacity stood at around 220 million…...
Steel ministry seeks intervention for mills facing LPG shortages
5+ mon, 2+ week ago (198+ words) Union steel ministry has sought assistance from the oil ministry to ensure that steel plants are not affected by liquefied petroleum gas shortages, a source with direct knowledge of the matter told Reuters on Thursday. India, the world’s second-biggest crude…...
Viraj Profiles Signs MoU with The Ministry of Steel Under PLI Scheme, Commits INR 280 Crore to Advance Speciality Stainless Steel Manufacturing
7+ mon, 21+ hour ago (245+ words) 12, 2026 /PRNewswire/ -- Viraj Profiles Pvt has signed a Memorandum of Understanding (MoU) with the Ministry of Steel under the Government of Indiaâs Production Linked Incentive (PLI) framework, marking a significant step toward strengthening Indiaâs capabilities in speciality stainless steel…...
India’s aerospace sector gets competitive edge from EU trade pact
7+ mon, 2+ week ago (312+ words) The India–EU Free Trade Agreement is expected to improve competitiveness for Indian aerospace manufacturers by reducing tariff-related costs for customers and easing access to European markets, according to industry players. The pact could also benefit domestic-focused players by improving…...
Core sector grew at 1.8% in Nov
8+ mon, 3+ week ago (329+ words) During the month, coal production increased by 2.1% in November, fertilizer production increased by 5.6%, steel production increased by 6.1% and cement production went up by 14.5% Eight key infrastructure sectors grew at 1.8 per cent in November as against de-growth in September, according to…...
India, Sweden launch seven steel and cement decarbonisation projects
9+ mon, 3+ day ago (226+ words) India and Sweden announced seven joint projects to reduce carbon emissions in the steel and cement sectors, with funding from India’s Department of Science and Technology and the Swedish Energy Agency. The initiatives under the LeadIT industry transition partnership involve…...
Sweden-based industrial heating and resistance materials company Kanthal expands in Hosur
11+ mon, 1+ week ago (274+ words) Robert Stal, President, Kanthal Sweden-based Kanthal is a global supplier of products for industrial heating technology and resistance materials with fine dimension wire being one of the core offerings. In 1988, Kanthal established its operation in Hosur. Since then, the company’s…...