Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
Tata Steel moved higher after reporting a strong fourth-quarter production update from its India operations. The company’s crude steel production rose 15% year-on-year to 6.25 million tonnes in Q4 FY26, while deliveries increased 10% to 6.19 million tonnes. The stock gained 1.12% to Rs 198.30 following the update. For the full year, Tata Steel India delivered crude steel production of 23.48 million tonnes, up 8% year-on-year, helped by the Kalinganagar ramp-up, though partly offset by the shutdown of the G blast furnace for relining at Jamshedpur. The update reinforces Tata Steel’s strong domestic production momentum and keeps the company in focus among steel sector stocks.
Also Read : China’s Finished Steel Stocks Fall 4% in Early May Amid Demand Woes Ukraine's Steel Product Consumption Rises to 1.2 Million Tons in January–April 2025
Hindustan Zinc and Tata Steel have expanded their partnership to increase the use of EcoZen, H...
Business 23-Mar-2026
Former NITI Aayog vice chairman Rajiv Kumar on Wednesday said the government needs to continue its f...
Business 31-Jan-2024
According to data sourced from the Indian Ports Association (IPA) on Friday, India's coal imports th...
Energy 11-Jan-2024
Larsen & Toubro (L&T) has installed its first indigenously produced electrolyser at the Gree...
Large Corporate 01-Mar-2024
Vedanta intends to complete the demerger of five of its core businesses, including aluminium, oil an...
Large Corporate 18-Apr-2024
A new 60-kilometre railway line between Chola in Bulandshahr and Rundhi in Palwal is envisaged as a...
Construction 28-May-2024