Steel Authority Of India

BSP fabricates Bloom Caster Tundish in-house, a first for SAIL

Officials said the initiative has reduced the conventional procurement lead time from six to eight months to just two months

Hindalco, Vedanta, Nalco hit record highs; what's driving metal stocks?

Metal stocks in demand: Analysts expect non-ferrous players to witness margin expansion in Q3 with LME prices continuing an uptrend compared to Q2.

Nuvama downgrades SAIL to 'Reduce' on weak steel margins, rising debt

Nuvama Institutional Equities has downgraded the Steel Authority of India (SAIL) to 'Reduce', flagging concerns around excess flat steel supply in India and weak steel margins

SAIL posts 14% growth in sales in Apr-Nov despite price pressures

State-owned steel maker SAIL on Saturday said it recorded a 14 per cent year-on-year growth in sales at 12.7 million tonnes (MT) in April-November 2025, amid "price pressures and demand volatility". The Steel Authority of India Ltd (SAIL), a leading integrated player in the steel sector, had posted sales of 11.1 MT in the corresponding period last year. The company said, "This resilient performance was possible due to a strong sales strategy...despite many challenges including global price pressures and demand volatility arising from various global trade policy uncertainties and geopolitical tensions." During the eight-month period, the company said retail sales were also strong. It was at 0.97 MT, up 13 per cent from 0.86 MT in April-November 2024, supported by ongoing nationwide brand promotion campaigns. In November alone, overall sales rose 27 per cent year-on-year, while retail sales surged by 69 per cent y-o-y. SAIL, under the Ministry of Steel, owns and operates five integr

SAIL gains 4%, hits 15-month high; what's driving the PSU's stock price?

SAIL's management remains hopeful of a demand recovery in the later part of Q3 and Q4 of FY26

SAIL soars 8% on heavy volumes, hits 52-week high. Should you buy or hold?

Till 10:38 AM; a combined 90.32 million equity shares representing 2.2 per cent of total equity of SAIL changed hands on the NSE and BSE.

InCred upgrades SAIL to 'Add', lifts target; stable outlook supports upside

Steel Authority's biggest competitive advantage remains its fully integrated raw material base, unlike private steelmakers such as Tata Steel or Jindal Steel and Power

JSW Steel, Tata Steel rally up to 4% in subdued market; hit 52-week highs

Steel stocks outlook: Moody's anticipate that steel demand in India will grow at a 5-7% CAGR until 2030, fueled by infrastructure spending, construction projects and expansion in industrial production

Tata Steel hits 52-week high, SAIL rallies 3%; what's driving steel stocks?

Steel stocks in demand: In past five trading days, the BSE Metal index outperformed the market by surging 6 per cent, as against 0.98 per cent rise in BSE Sensex.

Nifty Metal index surges 3%; why Tata Steel, SAIL rallied up to 6% today?

Metal stocks were in demand on Wednesday amid buzz that the government may reallocate non-operational iron ore mines held by SAIL and OMC.

Metal index soars nearly 3% led by JSPL, SAIL, Tata Steel; here's why

At 12:37 PM; Nifty Metal index, the top gainer among sectoral indices, was up 2.6 per cent, as compared to 0.57 per cent rise in Nifty 50.

SAIL-Bhilai URM achieves milestone of 5 mt of prime rail production

The Bhilai Steel Plant is the exclusive supplier of rails to the Indian Railways, and the URM was set up to produce high-quality rails in this capacity

SAIL shares slide 5% as Q1 profit, revenue drop sequentially; details here

SAIL shares fell 5 per cent after it reported a sequential decline in net profit and revenue for Q1FY26

Trading guide: Nifty reflects caution; PNB, Indus Towers top stocks to buy

Analyst recommends maintaining a positive bias while focusing on stock selection. PNB, SAIL and Indus Towers are among the top stocks to buy

SAIL launches millet cultivation training prog for Chhattisgarh farmers

The initiative will be executed in collaboration with the Krishi Vigyan Kendra (KVK), Narayanpur.

BMW Industries plans B2B steel products' market foray: MD Harsh Bansal

With this new venture, the company aims to leverage its existing strengths in downstream steel processing to cater to the rising demand in the country

SAIL supplies 4,000 tonnes special steel for Navy's warship INS Nilgiri

State-owned SAIL on Thursday said it has supplied 4,000 tonnes of special steel for INS Nilgiri, which was commissioned on Wednesday. INS Nilgiri, INS Surat, and INS Vaghsheer were the three Indian Navy warships commissioned at the Naval Dockyard in the presence of Prime Minister Narendra Modi in Mumbai. Steel Authority of India Ltd (SAIL) has supplied the entire 4,000 tonnes of special steel for INS Nilgiri. The special steel provided by SAIL includes DMR 249A grade hot-rolled (HR) sheets and plates, according to an official statement. SAIL's Bokaro Steel Plant contributed about 2,000 tonnes of HR sheets and plates, with an additional 1,600 tonnes and 400 tonnes of plates supplied by the Bhilai and Rourkela steel plants, respectively, the Ministry of Steel said. INS Nilgiri, the lead ship of the Project 17A stealth frigate class, represents a significant advancement over the Shivalik-class frigates. P17A ships are guided missile frigates, each of which are 149 metres long, with .

SAIL supplies 45,000 tonnes of steel for upcoming Maha Kumbh Mela

SAIL, country's largest steel maker, on Thursday said it has supplied approximately 45,000 tonnes of steel for the upcoming Mahakumbh Mela which is one of the biggest religious congregations in the world. Prayagraj in Uttar Pradesh will host the Maha Kumbh Mela from January 13 to February 25. The total quantity of steel supplied includes chequered plates, hot strip mill plates, mild steel plates, angles and joists, the state-owned firm said in a statement. Steel Authority of India Ltd (SAIL) had also supplied steel during the Mahakumbh Mela of 2013. The steel supplied by SAIL will play an important role in supporting the construction of various temporary structures essential for the smooth conduct of the Mahakumbh Mela. These include pontoon bridges, passages, temporary steel bridges, substations and flyovers, the statement said. Major customers for this steel supply, include the Public Works Department, Uttar Pradesh State Bridges Corporation, Electricity Board and their ...

SAIL secures 'Great Place to Work' certification for 2nd time in a row

State-owned SAIL has been certified as 'Great Place to Work' for the second time in a row. SAIL secured the certification following a comprehensive survey conducted by Great Place to Work Institute, based on direct feedback from employees at SAIL. "Steel Authority of India Ltd (SAIL) has earned the prestigious 'Great Place to Work' certification for January 2025 to January 2026, awarded by the Great Place to Work Institute, India," the steel ministry said in a statement on Monday. The PSU was first certified for December 2023 to December 2024. "SAIL's consecutive certification as a 'Great Place to Work' reaffirms SAIL's ongoing dedication to foster an exceptional workplace culture and provide a positive employee experience built on trust, collaboration and employee empowerment," company's chairman Amarendu Prakash said. The Great Place to Work Institute is a global firm that recognises employers creating outstanding employee experiences through a rigorous evaluation process. ***

Bhilai Steel Plant to set up 200-Kw solar power plant at Maitri Bagh zoo

Elevated solar power is a solar panel installation method that involves mounting solar panels on a structure above the ground or roof