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India’s Steel Demand Rises 7.6%

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India's Steel Consumption Rises 7.6% to 85 Million Tonnes in H1 FY27, Imports Jump 23.8%

New Steel Policy Targets 604 Million Tonnes Capacity by 2047, Focuses on Circular Economy

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India’s proposed National Steel Policy 2047 targets 604 million tonnes of crude steel capacity while promoting recycling, value-added production and lower carbon emissions

Draft Steel Policy Proposes AI-Based Import Monitoring Framework

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India’s draft National Steel Policy Vision 2047 proposes AI-supported monitoring and advanced analytics to detect abnormal steel imports and strengthen domestic industry.

Shyam Metalics Secures Strategic Mining Rights in Chhattisgarh Coal Block

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Shyam Metalics has secured strategic mining rights for the Phutamura coal block in Chhattisgarh, which holds estimated reserves of around 170 million tonnes.

India Gets EU Steel Quota

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India Secures 6.95 Lakh Tonne Annual Steel Quota Under EU Trade Pact

Steel Exchange Signs NMDC Pact

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Steel Exchange India signs an agreement with NMDC for long-term iron ore supply from Visakhapatnam.

Steel Prices Set To Rise Further

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Workers inspect steel production at a large Indian steel manufacturing facility amid rising prices and demand.

Steel Demand Outpaces Production

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india's finished steel consumption rose 7.9% during April-July 2026, outpacing domestic production growth as imports surged 36.6% to 2.77 million tonnes.

India Boosts Clean Manufacturing

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Indian manufacturing facility showcasing green steel production, battery manufacturing, renewable energy infrastructure and advanced industrial technology, representing India's clean energy and supply chain transformation.

TMT Rebar Prices Hit Six-Month Low

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Weak construction demand, high inventories and the monsoon slowdown push TMT rebar prices to their lowest level in six months, with recovery expected after the rainy season. Key Highlights Steel Prices Fall to Multi-Month Low Prices of TMT rebars, one of the most widely used construction steel products, have dropped...