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Steel Demand in India to Grow 8%: Capacity to Surge by 20 Million Tons by FY2027

India’s steel industry is set to increase its annual capacity by 20 million tons between FY 2025-27, according to a recent report by...

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Government Acts on Rising Steel Imports: Minister Kumaraswamy Responds to Industry Concerns

The Indian government is actively addressing concerns related to rising steel imports, particularly substandard materials, according to Union Steel Minister H D Kumaraswamy....

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India Becomes Steel Importer Amid Surging Global Trade Shifts

In a significant development for the steel industry, CRISIL’s latest sectoral report reveals that India has transitioned into a steel importer in FY2024....