Tag: steel demand India
MANUFACTURING Jindal Steel Turns Focus On Returns Following Major Capacity Expansion

Jindal Steel is entering a new operational phase after completing one of its largest expansion programmes, with the company now shifting focus towards sweating assets and improving returns from newly commissioned capacities. Jindal Steel CEO Gautam Malhotra told analysts that the company plans to allocate between ₹7,500 crore and₹10,000 crore towards capital expansion (sustenance capex) […]

CW Bureau · May 9, 2026
MANUFACTURING India Steel Output, Consumption Stay Firm In April; Prices Extend Recovery

India’s steel sector continued its steady growth trajectory in April 2026, with year-on-year gains across key production and consumption indicators. The month reflected resilient domestic demand, supported by ongoing momentum in infrastructure and manufacturing activity. Production and demand trends Crude steel production stood at 14.09 million tonnes in April 2026, up 5.8% year-on-year from 13.31 […]

CW Bureau · May 6, 2026