Steel Authority
Steel Ministry Asks SAIL, NMDC to Explore Overseas Mineral Assets
india mining sail
Sun, 04 Oct 2026 00:00:00 GMT
The Steel Ministry has asked its undertakings, SAIL and NMDC, to explore mineral assets abroad to help secure long-term raw material requirements and support input costs, an official said. Steel Authority of India Ltd (SAIL) is India's largest public sector steel-making entity, and NMDC is the country's leading iron ore player. On a query on whether steel PSUs, especially SAIL and NMDC, have been asked to look for mining assets abroad, the senior ministry official replied in the
SAIL Exceeds Q1 Capex Target from Rs 2,306 CR to Rs 2,575 CR
india sail steel
Thu, 30 Jul 2026 00:00:00 GMT
Steel Authority of India exceeded its capital expenditure target for the first quarter. The company chairman highlighted contained borrowings and reduced borrowing costs effectively. Blast furnace productivity improved significantly, reinforcing steelmaking economics through optimization. Scheduled capital repairs were advanced proactively to ensure future operational stability. These strategic actions secured stability for the coming quarters of operations.
SAIL, Indonesia's Krakatau Steel Eye up to 1 Mt Stainless ...
india sail stainless
Sun, 12 Jul 2026 00:00:00 GMT
SAIL and Indonesia-based PT Krakatau Steel, which have signed an MoU to set up a joint venture, are exploring a stainless steel project with a capacity of 500,000 tonnes to 1 million tonnes under the proposed JV, a source with direct knowledge of the plans said. Earlier this week, the steel PSU and the Indonesian entity signed a memorandum of understanding to explore a joint venture to manufacture stainless steel slabs to meet the commodity's increasing demand in India. "SAIL and PT
SAIL Cmd Panda Warns High Taxes, Royalty to Make Iron Ore Costlier
emissions india mining sail
Thu, 09 Jul 2026 00:00:00 GMT
SAIL warns higher royalties and mining levies could raise iron ore costs, adding pressure on India's expanding steel industry amid decarbonisation challenges
Number of news reports: 4
india mining sail
Sun, 04 Oct 2026 00:00:00 GMT
The Steel Ministry has asked its undertakings, SAIL and NMDC, to explore mineral assets abroad to help secure long-term raw material requirements and support input costs, an official said. Steel Authority of India Ltd (SAIL) is India's largest public sector steel-making entity, and NMDC is the country's leading iron ore player. On a query on whether steel PSUs, especially SAIL and NMDC, have been asked to look for mining assets abroad, the senior ministry official replied in the
SAIL Exceeds Q1 Capex Target from Rs 2,306 CR to Rs 2,575 CR
india sail steel
Thu, 30 Jul 2026 00:00:00 GMT
Steel Authority of India exceeded its capital expenditure target for the first quarter. The company chairman highlighted contained borrowings and reduced borrowing costs effectively. Blast furnace productivity improved significantly, reinforcing steelmaking economics through optimization. Scheduled capital repairs were advanced proactively to ensure future operational stability. These strategic actions secured stability for the coming quarters of operations.
SAIL, Indonesia's Krakatau Steel Eye up to 1 Mt Stainless ...
india sail stainless
Sun, 12 Jul 2026 00:00:00 GMT
SAIL and Indonesia-based PT Krakatau Steel, which have signed an MoU to set up a joint venture, are exploring a stainless steel project with a capacity of 500,000 tonnes to 1 million tonnes under the proposed JV, a source with direct knowledge of the plans said. Earlier this week, the steel PSU and the Indonesian entity signed a memorandum of understanding to explore a joint venture to manufacture stainless steel slabs to meet the commodity's increasing demand in India. "SAIL and PT
SAIL Cmd Panda Warns High Taxes, Royalty to Make Iron Ore Costlier
emissions india mining sail
Thu, 09 Jul 2026 00:00:00 GMT
SAIL warns higher royalties and mining levies could raise iron ore costs, adding pressure on India's expanding steel industry amid decarbonisation challenges
Number of news reports: 4