Traditionally, Q4 is seasonally strong for volume push, and thus, analysts expect most steel companies to foresee very sharp reversal in margins in Q4FY26.
In the past one month, the stock price of Hindustan Zinc, Nalco, Vedanta, Hindalco Industries and SAIL have rallied between 15% and 32%.
SAIL share price hit a 17-month high at ₹150.40, gaining 2% on Monday. The stock now quotes at its highest level since August 2024.
Jindal Steel plans to double its structural steel manufacturing capacity to 2.4 MTPA by mid-2028, aimed at addressing the growing demand for heavy and ultra-heavy structural steel sections.
Steel stocks in focus amid reports that the government has notified the much-awaited Anti-dumping duty/safeguard duty on flat steel imports for a period of 3 years.
Officials said the initiative has reduced the conventional procurement lead time from six to eight months to just two months
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 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
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's management remains hopeful of a demand recovery in the later part of Q3 and Q4 of FY26
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.
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
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
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.
Metal stocks were in demand on Wednesday amid buzz that the government may reallocate non-operational iron ore mines held by SAIL and OMC.
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.
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 fell 5 per cent after it reported a sequential decline in net profit and revenue for Q1FY26
Analyst recommends maintaining a positive bias while focusing on stock selection. PNB, SAIL and Indus Towers are among the top stocks to buy
The initiative will be executed in collaboration with the Krishi Vigyan Kendra (KVK), Narayanpur.