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Steel Ministry exploring separate mining vertical for SAIL.
Move aims to enhance iron ore production and operational efficiency.
Plan aligns with India’s 2030 steel capacity target.
In a strategic move to strengthen domestic iron ore supply and enhance efficiency, the Ministry of Steel is considering creating a separate mining vertical under state-run Steel Authority of India Limited (SAIL). The proposed vertical would focus exclusively on SAIL’s mining operations, aiming to unlock better operational control and faster decision-making.
SAIL, India’s largest steel producer by capacity, currently manages multiple captive iron ore mines feeding its steel plants. However, with increasing demand for raw materials and a push for self-reliance in steel production, a dedicated mining arm is expected to optimize output, streamline logistics, and enable potential collaborations.
According to ministry officials, discussions are at a preliminary stage, and a formal proposal may be placed before the Cabinet after internal approvals. If cleared, this move would align with India’s 300 million tonne steel production target by 2030 under the National Steel Policy.
Industry experts believe that a separate vertical could also position SAIL to eventually explore commercial mining opportunities, providing additional revenue streams and strengthening its resource base amid rising global raw material competition.
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