Jindal Ferrous Commissions 2.2 Million TPA Integrated Steel Plant in Odisha with INR 5,000 Crore Investment
Jindal Ferrous has commissioned its first integrated steel plant in Jajpur, Odisha, with an investment of over INR 5,000 crore. Inaugurated by Odisha Chief Minister Mohan Charan Majhi on October 15, 2026, the facility has an installed capacity of 2.2 Million TPA. Oct 16, 2026 Jindal Ferrous Limited has commissioned its first integrated steel manufacturing […]
B.S. Sponge Files DRHP for INR 1,000 Crore IPO
B.S. Sponge has filed its DRHP for a proposed INR 1,000 crore IPO, comprising a fresh issue of up to INR 800 crore and an Offer for Sale (OFS) of up to INR 200 crore. Oct 08, 2026 B.S. Sponge Limited, an integrated steel manufacturer, has filed its Draft Red Herring Prospectus (DRHP) for a […]
BMW Industries Commissions Colour Coating Line, Marking First Phase of Greenfield Downstream Steel Complex at Bokaro
BMW Industries Limited has commissioned the Colour Coating line at its Greenfield Downstream Steel Complex in Bokaro, Jharkhand, marking the first phase of the INR 803 crore project and advancing the company’s transition towards value-added downstream steel processing. Oct 5, 2026 BMW Industries Limited (BMWIL), one of the most trusted names in the Steel Processing […]
Sri Raj Iron & Steel Signs MoU for INR 1,809 Crore Integrated Steel Plant in Chandrapur
Sri Raj Iron & Steel Products Pvt. Ltd. has signed an MoU with the Government of Maharashtra for a proposed INR 1,809 crore integrated steel plant at Gondpipri in Chandrapur district. The project is proposed to commence during 2029–30. Oct 1, 2026 Sri Raj Iron & Steel Products Pvt. Ltd. has signed an MoU with […]
Gopani Industries Successfully Rolls First Prime Coil from New Cold Rolling Mill
Gopani Industries has successfully rolled the first coil on its newly commissioned Cold Rolling Mill, with the coil achieving prime, sellable quality in the very first attempt. Oct 5, 2026 Gopani Industries has successfully rolled its first coil on the company’s new Cold Rolling Mill, marking a key milestone in the commissioning and ramp-up of the […]
Shyam Metalics Plans INR 50,000 Crore Greenfield Steel Complex in Maharashtra
Shyam Metalics has signed a non-binding MoU with the Government of Maharashtra to establish a 9 million TPA greenfield integrated steel complex in Chandrapur, Vidarbha, involving an estimated investment of INR 50,000 crore and expected to create around 30,000 jobs. Oct 5, 2026 Shyam Metalics and Energy Limited has signed a non-binding MoU with the […]
Welspun Corp Approves Jordan Subsidiary for Steel Pipe Manufacturing
Welspun Corp Limited has approved the incorporation of a wholly owned subsidiary in Jordan to manufacture and process iron and steel products, including line pipes and tubular products for water, gas and oil transportation. Sep 21, 2026 The proposed entity, Welspun Pipe Jordan PSC, will be incorporated through Welspun Global Holdings Limited (WGHL), a wholly […]
Dhananjay Prasad Appointed Chief Operating Officer at Aarti Steels
Mr. Dhananjay Prasad brings extensive experience in steel manufacturing, production management and plant operations to strengthen Aarti Steels’ operational capabilities and growth. Aug 24, 2026 Dhananjay Prasad has been appointed as the Chief Operating Officer at Aarti Steels Ltd. He brings extensive experience across steel manufacturing, production management and plant operations, having held leadership positions […]
BMW Industries Reports 25.8% YoY Growth in Q1 FY27 PAT to INR 1,912 Lakh
Kolkata-based BMW Industries Limited reported a resilient Q1 FY27 performance, with PAT growing 25.8% year-on-year to INR 1,912 lakh and PAT margin expanding to 10.8%. Aug 24, 2026 BMW Industries Limited (BMWIL) has announced its unaudited financial results for the first quarter of FY 2026-27, reporting total income of INR 17,668 lakh, up 15.1% year-on-year […]
Vibhor Steel Tubes Strengthens Value-Added Steel Portfolio with Odisha Expansion
Vibhor Steel Tubes Ltd (VSTL) reported a 27.16% rise in Q1 FY27 operating revenue to INR 293.69 crore, supported by higher sales of value-added products from its Odisha plant. Aug 12, 2026 Vibhor Steel Tubes Ltd (VSTL) is strengthening its position in the value-added steel segment with the ramp-up of its 156,000 MTPA Sundargarh plant […]
