SAIL
Steel Authority of India Limited (SAIL) has announced its financial results for the first half of FY'26, reporting a steady production of 9.5 million tonnes of crude steel and a 16.7% increase in sales volume. Revenue from operations exceeded Rs. 52,600 crore, with a 32%
NMDC
NMDC reported its best-ever second quarter in FY26, with production reaching 10.21 million tonnes (up 23% YoY) and sales at 10.72 million tonnes (up 10% YoY). Financial results showed a turnover increase of 30% to Rs. 6,261 crore, with PAT rising 33% to Rs. 1,694 crore.
Core Industries
The Index of Eight Core Industries (ICI) saw a provisional increase of 3.0% in September 2025 compared to the same month in 2024. Key sectors such as Steel, Cement, Electricity, and Fertilizers reported positive growth, while Coal, Crude Oil, Natural Gas, and Petroleum Refinery Products experienced declines. The cumulative
Core Industries
The Index of Eight Core Industries (ICI) increased by 2.0% in July 2025 compared to July 2024, with notable growth in Steel, Cement, Fertilizer, and Electricity. However, Coal, Crude Oil, Natural Gas, and Petroleum Refinery Products saw declines. The cumulative growth rate from April to July 2025-26 is 1.
Secondary Steel Industries
The Ministry of Steel organized a workshop on August 13, 2025, at Vigyan Bhawan, New Delhi, focusing on the challenges and opportunities in the secondary steel sector. Inaugurated by Union Minister Shri H.D. Kumaraswamy, the event highlighted India's goal of 500 million tonnes of steel production by
steel production
The Ministry of Steel outlines initiatives to enhance domestic steel production, including the DMI&SP Policy for promoting 'Made in India' steel, the PLI Scheme for Specialty Steel, and measures to reduce input costs. The government is also focusing on green steel technologies, with a roadmap for
steel production
The Ministry of Steel, in collaboration with the Bureau of Indian Standards (BIS), has implemented measures to ensure high-quality steel production in India. This includes the notification of 151 BIS standards and the introduction of Quality Control Orders (QCOs). The government promotes 'Made in India' steel through the
steel production
The Ministry of Steel has released data on crude steel production capacity and actual production over the last five years, showing a steady increase in both metrics. In 2024-25, the total crude steel capacity is projected to reach 200.33 million tonnes, with MSMEs contributing 47% of this capacity. The
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
Salem Steel Plant
Union Minister for Steel, H.D. Kumaraswamy, visited the Salem Steel Plant to review operations and emphasize profitability. The visit aligns with PM Modi's vision for India to achieve 300 MT steel production by 2030 and Net Zero emissions by 2070. Kumaraswamy highlighted the importance of specialty steel
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'