In a significant development for the stainless steel industry, the Global Stainless Steel Expo 2027 (GSSE 2027) has officially received support from the Ministry of Steel, Government of India. This prestigious recognition reinforces the expo’s growing stature as one of...
Read MoreIndian stainless steel manufacturer Rajputana Stainless delivered an impressive financial performance for the quarter ended March 31, 2026, reporting a sharp 57.8% year-on-year rise in net profit to ₹13.1 crore. The company’s robust earnings growth came despite relatively moderate revenue...
Read MoreIndia’s steel industry is entering a new phase of industrial expansion with the announcement of a US$9.6 billion investment by ArcelorMittal Nippon Steel to establish the country’s largest integrated steel plant in Anakapalli, Andhra Pradesh. The mega project is expected...
Read MoreMangalam Worldwide Limited (MWL), an integrated stainless steel company, is strengthening its focus on sustainable manufacturing through the expansion of renewable energy infrastructure at its facility. The company has successfully commissioned a 1.2 MW solar power system, while an additional...
Read MoreIndian stainless steel and piping solutions major showcased operational resilience during FY26 despite facing muted global demand, geopolitical uncertainties, and pricing pressures across the steel sector. During its Q4 FY26 earnings call, the company highlighted its strategic focus on high-value...
Read MoreThe growing focus on domestic shipbuilding in India by Mitsui O.S.K. Lines (MOL) is expected to create significant opportunities for the Indian stainless steel industry, particularly in the high-value marine-grade and specialty steel segments. Industry observers believe that increased local...
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