Steel Sector
The Ministry of Steel announced that the steel sector is deregulated, allowing companies to make independent operational decisions. Rolls are procured by the Steel Authority of India Limited (SAIL) through a three-year cycle via the Centralized Procurement Agency (CPA), based on production plans and consumption patterns. SAIL conducts audits to
SAIL
Steel Authority of India Limited (SAIL) has supplied critical-grade steel for the recently launched INS Ajay and commissioned INS Nistar, enhancing India's naval capabilities. INS Ajay is the final vessel in the ASW-SWC series, while INS Nistar is India's first indigenously designed Diving Support Vessel. SAIL&
SAIL
Steel Authority of India Limited (SAIL) announced a remarkable 273% increase in profit before exceptional items and tax for Q1 FY26, compared to the same quarter last year. The company reported improved operational efficiency, higher sales volumes, and revenue growth, despite global market fluctuations. SAIL's Chairman emphasized the
SAIL
Steel Authority of India Limited (SAIL) has become the largest steel supplier for the Zojila Tunnel project, providing over 31,000 tonnes of steel. This ambitious project, set to be India's longest road tunnel, aims to enhance connectivity between Srinagar and Leh. SAIL's contribution underscores its
SAIL
Steel Authority of India Limited (SAIL) has inaugurated its first international office in Dubai, marking a significant step in its global expansion strategy. The office aims to boost steel exports, strengthen industry linkages, and enhance India-UAE trade ties. This move aligns with India's vision to increase its steel
SAIL
A high-level meeting was held to discuss the expansion of the Rourkela Steel Plant, focusing on increasing production capacity and addressing local employment issues. Tribal Affairs Minister Shri Jual Oram emphasized the need for job opportunities for displaced youth and proposed additional land for Rourkela Airport expansion. A committee will
SAIL
Steel Authority of India Limited (SAIL) has supplied the entire requirement of special steel for the Indian Navy's first indigenously designed Anti-Submarine Warfare Shallow Water Craft, INS Arnala, commissioned on June 18, 2025. This initiative supports India's self-reliance in defense and reduces import dependency, aligning with
SAIL
Steel Authority of India Limited (SAIL) organized the Defence Conclave 2025 at its Alloy Steels Plant in Durgapur on June 4, 2025. The event aimed to strengthen collaboration with Defence Public Sector Undertakings (DPSUs) and discuss evolving requirements in the defence sector, focusing on self-reliance and indigenization in line with
SAIL
Steel Authority of India Limited (SAIL) announced its financial results for Q4 FY’25, showcasing a 16% increase in net profit compared to the previous year. Key highlights include a rise in crude steel production and sales volume, alongside a proposed dividend of Rs. 1.60 per share. SAIL'