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Kumaraswamy Invites Envoys to Join Flagship Bharat Steel 2026

Centre steps up global outreach to deepen steel sector cooperation.

Published

1 month ago

December 22, 2025

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Union Minister for Steel and Heavy Industries, HD Kumaraswamy, held an interactive meeting with Ambassadors and diplomatic representatives of key partner countries, inviting them to actively participate in Bharat Steel 2026, the flagship international conference-cum-exhibition of the Ministry of Steel scheduled for April 2026.

The meeting saw strong participation from representatives of countries that play a significant role in the global steel value chain. It formed part of the Ministry’s broader outreach efforts to deepen international cooperation and strengthen India’s engagement with major steel-producing and steel-consuming nations.

Addressing the gathering, HD Kumaraswamy welcomed the Ambassadors and noted that their presence reflected the importance India attaches to trusted global partnerships. He said India’s steel sector today mirrors the country’s wider economic transformation and has emerged as a key pillar of growth, resilience and global integration.

The Minister highlighted that India is the world’s second-largest steel producer, a position achieved through sustained reforms, steady investments and a long-term vision focused on modernisation, self-reliance and sustainability. He said the steel sector contributes about 2.5 per cent to India’s GDP and supports nearly 2.8 million livelihoods, with demand driven by infrastructure expansion, manufacturing growth and strategic sectors such as defence and mobility.

Referring to the National Steel Policy 2017, H.D. Kumaraswamy said India is progressing towards a steel capacity of 300 million tonnes by 2030 and an ambitious 500 million tonnes by 2047. Against this backdrop, he announced the institutionalisation of Bharat Steel as an annual global event, with the first edition to be held at Bharat Mandapam, New Delhi.

Bharat Steel 2026 is envisioned as a global platform bringing together policymakers, industry leaders, investors and technology providers. Key features will include a Reverse Buyer–Seller Meet and discussions on green steel, sustainability, circular economy, technology innovation and global supply chains. The Minister urged partner countries to participate actively and associate as partner nations to strengthen long-term collaboration in the global steel sector.

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SAIL Posts Highest-Ever December Sales, FY26 Growth Strong

December volumes jump 37 per cent, momentum continues through April–December.

Published

3 weeks ago

January 6, 2026

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Steel Authority of India (SAIL), a Maharatna central public sector enterprise and one of India’s largest steel producers, has recorded its highest-ever sales for the month of December, reflecting strong demand and improved operational performance.

According to provisional data, SAIL clocked sales of 2.1 million tonnes (MT) in December 2025, registering a robust growth of around 37 per cent compared with 1.5 MT sold in December 2024. This marks the company’s best performance for the month of December to date, with strong growth reported across product categories and sales channels, alongside a significant reduction in inventory levels.

The strong monthly performance was driven by a sharp focus on timely customer deliveries and enhanced market engagement. SAIL has also stepped up its branding and outreach initiatives in recent months, contributing to improved visibility and stronger customer connect in both retail and institutional segments.

The December showing helped SAIL sustain its growth momentum during the current financial year. Cumulative sales for the April–December 2025 period stood at 14.7 MT (provisional), reflecting a growth of about 17 per cent compared with 12.6 MT recorded during the corresponding period of the previous year.

In addition to solid performance in the domestic market, SAIL’s export volumes have also witnessed a significant increase, highlighting the company’s expanding global footprint and competitiveness in international markets. The improved export performance comes amid volatile global steel market conditions, underscoring SAIL’s ability to adapt and capitalise on emerging opportunities.

The sustained improvement in sales volumes reflects SAIL’s strengthened market presence, customer-centric approach and operational efficiencies. The record-breaking achievements across domestic and overseas markets reinforce the company’s position among India’s leading steel producers and are expected to further enhance its standing among major global steel players in the coming years.

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Ministry of Steel Invites Media Partners for Bharat Steel 2026

Global steel conference to be held in New Delhi in April 2026.

Published

3 weeks ago

January 6, 2026

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The Ministry of Steel, Government of India, has invited media organisations to partner with Bharat Steel 2026, an international conference-cum-exhibition scheduled to be held on April 16–17, 2026, at Bharat Mandapam in New Delhi. Envisioned as a premier global platform, the event will bring together policymakers, industry leaders, investors, technology providers and international stakeholders to discuss the future of the steel sector in India and worldwide.

Bharat Steel 2026 aims to showcase India’s steel vision, policy roadmap and investment opportunities, while fostering structured engagement between the Government of India and the global steel ecosystem. The conference is expected to see high-level participation from senior government leadership, key central ministries, state governments, chief executives of leading Indian and international steel and mining companies, global technology players, financial institutions, trade bodies and international delegations.

The two-day event is likely to feature key policy deliberations, industry announcements, business collaborations and knowledge-sharing sessions, with a strong focus on sustainability, innovation and long-term growth of the steel industry. Given its scale and international participation, Bharat Steel 2026 is expected to attract significant national and global attention.

In this context, the Ministry of Steel proposes to collaborate with leading media organisations to ensure wide-ranging and impactful coverage of the conference. Media partners are being invited across categories, including digital media, print media (magazines and newspapers), and electronic and television platforms.

The tentative scope of collaboration includes digital promotions through dedicated web banners and social media posts, publication of advertisements and editorial content in print, and broadcast of promotional material, interviews, panel discussions and event highlights on electronic and television channels. Coverage is envisaged across pre-event, event and post-event phases to ensure sustained visibility.

Partnering media organisations will gain enhanced visibility, access to senior government and industry leaders, exclusive content opportunities, press briefings and on-ground coverage during the event, enabling close engagement with one of the most significant government-led platforms in the steel sector.

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India Imposes Three-Year Tariff on Select Steel Imports

New duties aim to curb surge of low-priced steel from China

Published

4 weeks ago

December 31, 2025

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India has recently imposed import tariffs for a three-year period on select steel products, targeting a sharp rise in low-priced shipments from China that regulators say are hurting domestic producers.

The tariff has been set at 12 per cent in the first year, easing to 11.5 per cent in the second year and further tapering to 11 per cent in the third year. The measure follows concerns flagged by trade authorities over increasing imports at prices below prevailing domestic levels.

As the world’s second-largest crude steel producer, India has been grappling with sustained inflows of cheaper steel, particularly from China, raising anti-dumping concerns and putting pressure on local steelmakers’ margins and capacity utilisation.

The move is expected to provide near-term relief to domestic producers while allowing a gradual adjustment as duties are phased down over the three-year period.