APL Apollo Reports Record Q4 Sales Volume
APL Apollo Tubes Limited has achieved its highest-ever quarterly sales volume, driven by strong demand across its structural steel product portfolio. Apr 02, 2026 APL Apollo Tubes Limited has reported an all-time high sales volume of 924,881 tonnes in Q4FY26, marking a 9% year-on-year growth. For the full financial year FY26, the company recorded total […]
Sambhv Steel Tubes to Acquire 15% Stake in Vajra Alloys
Sambhv Steel Tubes Limited has approved an investment of INR 7.51 crore to acquire a 15% stake in Vajra Alloys. Apr 2, 2026 Sambhv Steel Tubes Limited has announced an investment of approximately INR 7.51 crore in Vajra Alloys Private Limited through preferential allotment. The company will acquire around 15% equity stake, amounting to 18,507 […]
Tata Steel Commissions First-Scrap EAF in INR 3,200 Crore Steel Plant in Punjab
Tata Steel has announced the inauguration of the first scrap-based electric arc furnace in the 0.75 million TPA steel plant in Ludhiana. Mar 20, 2026 Tata Steel has announced the inauguration of the first scrap-based electric arc furnace in the state-of-the-art steel plant in Ludhiana. This 0.75 MTPA steel plant is built with an investment […]
JSW Steel, JFE Steel Establish Joint Control Over JSW Kalinga with INR 7,875 Crore Investment
JFE Steel invests INR 7,875 crore for 25% stake in JSW Kalinga, marking joint control and advancing strategic steel partnership. Mar 30, 2026 JSW Steel Limited and JFE Steel Corporation, Japan have operationalised their joint venture by establishing joint control over JSW Kalinga Steel Limited following a INR 7,875 crore investment by JFE. JFE has […]
Punjab Emerging As An Investment Hub for Steel Sector
Punjab has emerged as a major investment destination during the Progressive Punjab Investors’ Summit, with ease-of-business policies, fresh investments and expansion plans in the state. Mar 16, 2026 Punjab Chief Minister Bhagwant Singh Mann plans to transform Punjab into a major investment destination during the Progressive Punjab Investors’ Summit, with ease-of-business policies, fresh investments and […]
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 […]
Punjab Strengthens Its Steel Industry With Over INR 5,400 Crore Investments
Punjab has attracted over INR 5,400 crore in investments in the steel sector over the past year, strengthening its position as an emerging steel hub in North India. Feb 24, 2026 Punjab has attracted over INR 5,400 crore in investments in the steel sector over the past year. The state has two major steel clusters […]
Jindal Stainless Signs MoU with Ministry of Steel Under PLI 1.2 Scheme
Jindal Stainless signed an MoU with the Ministry of Steel to expand speciality stainless steel capacity under PLI 1.2. Feb 12, 2026 Jindal Stainless has signed a Memorandum of Understanding with the Ministry of Steel, Government of India, under the newly launched Production Linked Incentive (PLI) 1.2 scheme for speciality steel. The agreement marks a […]
SAIL Signs MOU Under PLI 1.2 Scheme for Specialty Steel
At Vigyan Bhawan, New Delhi, the Ministry of Steel and Salem Steel Plant of SAIL have formalised an important partnership under the PLI 1.2 Scheme. Feb 09, 2026 The Ministry of Steel and Salem Steel Plant of SAIL have formalized an important partnership under the PLI 1.2 Scheme. Through this MOU, Salem Steel Plant will […]
Lalbaba Engineering Limited Signs MoU under Government’s PLI 1.2 Scheme for Specialty Steel
Lalbaba Engineering Limited has signed a Memorandum of Understanding under the Government of India’s Production Linked Incentive Scheme 1.2 for specialty steel. The company proposed that a cold finished seamless tube expansion project at Haldia, West Bengal, will be eligible for incentives under the scheme. Feb 10, 2026 Lalbaba Engineering Limited has signed a Memorandum […]
