Indian Steel Industry Shows Strong Growth Amid Emerging Geo-Political Challenges in 2025-26
The Indian steel industry delivered a robust performance in the financial year 2025–26, consolidating its position as the world’s second-largest producer while navigating global uncertainties and price pressures. Apr 08, 2026 India’s crude steel output continued its upward trajectory in 2025–26, growing by over 10.7% year-on-year to around 168.4 million tonnes during April–March, reflecting sustained […]
Ministry of Steel Commits to AI-Enabled Modernisation to Support 400 MT Capacity Target by 2035-36
The Ministry of Steel has unveiled a comprehensive roadmap on digital opportunities in the steel sector, targeting an increase in crude steel capacity from 200 million tonnes to 300 million tonnes by 2030- 2031 and further to 400 million tonnes by 2035-2036. Feb 24, 2026 The Ministry of Steel has unveiled a comprehensive roadmap on […]
Bengal Steel Industry to Receive INR 8,000-Crore Investment Over Five Years
Bengal’s steel sector is set for a major expansion with fresh investment commitments worth INR 8,000 crore over the next five years, promising a boost to capacity, infrastructure, and jobs in the region. Aug 21, 2025 At the Bigmint India Ferrous Week held in Kolkata, Shakambhari Group announced plans to invest INR 5,000 crore in […]
After 18 Months, Nippon Steel Seals US Steel Acquisition for USD 14.9 billion
Nippon Steel has finalized its USD 14.9 billion acquisition of US Steel, securing President Trump’s approval and a “golden share” that grants the US government veto power over critical strategic decisions. Jun 19, 2025 Nippon Steel has officially completed its USD 14.9 billion acquisition of US Steel, ending an 18‑month saga marked by national security reviews, a […]
Centre Revises ‘DMI&SP’ Policy to Strengthen its Domestic Steel Manufacturing
The Indian government has revised its Domestically Manufactured Iron & Steel Policy 2025 by introducing a stringent ‘melt and pour’ norm, impacting steel procurement for public sector and government infrastructure projects. Jun 03, 2025 The Central government has introduced a significant revision to the Domestically Manufactured Iron & Steel Products (DMI&SP) Policy 2025, impacting steel […]
SAIL Announces INR 7,500 Crore Capex for FY25-FY26, Announces Expansion Plans
SAIL aims to increase its crude steel production capacity from current 20 million tonnes to 35 million tonnes by 2035 through brownfield and greenfield expansions, including debottlenecking efforts. Jun 5, 2025 The Steel Authority of India (SAIL) has come up with an investment plan worth INR 7,500 crore during the financial years 2025 and 2026. […]
India’s Steel Imports Fall Over 11% in April Amid 12% Import Tariffs
India witnessed an 11.3% year-on-year decline in finished steel imports in April,owing to a 12% temporary import tariff aimed at curbing low-cost steel inflows. May 22, 2025 India witnessed an 11.3% y-o-y decline in finished steel imports in April, with volumes decreasing to 0.5 million metric tons, according to preliminary government data obtained by Reuters. […]
Tata Steel Expands Kalinganagar Facility in Odisha, Boosts Crude Steel Output to 8 Million TPA
Tata Steel has completed the second phase of expansion at its Kalinganagar facility in Odisha, increasing the plant’s annual crude steel production capacity from 3 million tonnes to 8 million tonnes, with an investment of INR 27,000 crore. May 23, 2025 Tata Steel has completed a major expansion at its Kalinganagar facility in Odisha’s Jajpur […]
India’s Steel Capacity to Reach 210 Million Tonnes by 2030
India’s steel demand reaches over 13 million tonnes in Jan 2025, expected to reach a production capacity of 210-220 million tonnes in 2030. The domestic steel consumption is projected to increase between 190 million and 210 million tonnes by 2030. Mar 11, 2025 India continues to stand out as the only country among the top […]
Budget 2025: Favourable Policy Measures Make Conducive Environment For Robust Growth of Steel Sector
Schemes such as allocation of INR 11.21 lakh crore for infrastructure, Maritime Development Fund, Urban Challenge Fund and National Manufacturing Mission will attract fresh investments in the steel sector, create significant employment opportunities and improve global competitiveness. Feb 12, 2025 The steel industry, which plays a crucial role in the development of the country, is […]
