ICRA flags margin pressure for steelmakers despite 8% demand growth in FY26

Dec 17, 2025

Domestic steel demand is expected to remain healthy at around 8 per cent in FY2026; however, continued weakness in steel prices is likely to...

ICRA reaffirms JSPL's ratings with stable outlook

Sep 23, 2020

New Delhi [India], Sep 23 : ICRA has reaffirmed ratings on Jindal Steel and Power Ltd's (JSPL's) bank facilities and non-convertible debentures due to...

Stainless steel demand in India seen surging through 2025: CRISIL report

Mar 30, 2023

India's demand for stainless steel, which was four million tonne in 2022, is projected to log a healthy compound annual growth rate (CAGR) of...

India recognised as the global driver of steel demand growth

Aug 16, 2024

India has been recognised as the leading global driver of steel demand growth since 2021, according to a statement from the Ministry of Steel...

Higher infra spending, economic growth make India lucrative market for domestic and global steel makers

Jun 22, 2024

Despite a slowdown in exports and increasing Chinese steel output impacting India's share in the markets, steel makers in the country are optimistic...

India lacks adequate scrap supply, only 25% steel demand can be met through scrap-based production: Former Steel Secy

May 13, 2026

India does not have adequate scrap availability for large-scale green steel production, with only around 25 per cent of the country's steel demand currently...