Steel ministry | DD News

April 8, 2026 4:47 PM

Indian steel industry records strong growth in FY 2025-26, faces emerging challenges

India’s steel sector delivered a strong performance in the financial year 2025-26, reinforcing its position as the world’s second-largest steel producer while navigating global uncertainties and cost pressures. Driven by robust domestic demand and sustained infrastructure activity, the industry registered significant growth in production, consumption, and exports, according to provisional data. Production and Demand on the Rise The Ministry of Steel said India’s crude steel output grew ...

March 11, 2026 3:43 PM

SAIL records highest-ever sales in April-February period of FY26

Steel Authority of India Limited (SAIL), the country’s largest public sector steel producer, has reported its highest-ever sales for the April-February period of FY 2025-26, reflecting strong demand and improved operational performance. The Ministry of Steel said SAIL's total steel sales during the first 11 months of the financial year reached 18.24 million tonnes (MT), registering a 14 per cent year-on-year growth. During the same period, SAIL also achieved its highest-ever cash collection o...

November 4, 2025 3:17 PM

Union Minister H.D. Kumaraswamy launches third round of PLI scheme for specialty steel

Union Minister for Steel and Heavy Industries H.D. Kumaraswamy on Tuesday launched the third round of the Production-Linked Incentive (PLI) Scheme for Specialty Steel, marking a milestone in India’s efforts to strengthen domestic manufacturing and boost value-added steel production. The PLI Scheme for Specialty Steel, approved by the Cabinet in July 2021, is a flagship initiative under the Atmanirbhar Bharat vision to make India a global hub for high-end steel manufacturing. So far, the schem...