SAIL Announces ₹35,000 Cr Capex for FY27 Expansion
Steel Authority of India plans capacity additions at Bhilai, Rourkela and Bokaro plants, targeting 35 MTPA by FY28.
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Fuelled by government infrastructure spending and housing demand, India's crude steel output crossed 145 million tonnes in FY2025-26 — a 7.2% year-on-year increase. The National Steel Policy roadmap targets 200 MT by 2030, with major greenfield expansions planned by SAIL, Tata Steel and JSW.
Steel Authority of India plans capacity additions at Bhilai, Rourkela and Bokaro plants, targeting 35 MTPA by FY28.
Global copper prices surge as Chilean mine disruptions and EV demand create a projected 500KT supply deficit in 2026.
The Directorate General of Trade Remedies extends provisional duties on hot-rolled flat products from China for another 5 years.
The 1,350-km expressway project consumes massive TMT bar and structural steel volumes, benefiting western India mills.
AM/NS India announces hydrogen-based steelmaking facility in Odisha, aiming for 10 MTPA carbon-neutral output by 2032.
Chinese aluminium exports up 18% YoY, pushing LME aluminium below $2,400/MT. Indian smelters seek safeguard duties.
New freight policy offers concessional rail rates for steel, cement and minerals — reducing landed cost for bulk buyers.
Phase 2 covers 200 cities with massive demand for structural steel, copper wiring, GI pipes and aluminium cladding.
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