October 2026 Issue - From the Desk
It has been a remarkable few months for Indian steel. Production numbers have held steady, prices have surged to four-year highs, and investment commitments have arrived in tranches so large they would once have seemed implausible for a single country in a single year. The numbers in this issue tell a story of acceleration — but they also raise questions that the industry must answer honestly. India is now, without contest, the world’s fastest-growing major steel market. Worldsteel projects 7.4 per cent demand growth in 2026 and 9.2 per cent in 2027. Tata Steel hascommitted n33,873 crore to NINL alone. JSW Steel’s Paradip plant will add 13.2 MTPA when it matures. Specialty Steel PLI investments have crossed n26,000 crore. September steel prices — TMT at n65,298, HRC at n76,085 — are numbers this industry has not seen in… …
Who we are & What we do -
Steel & Metallurgy, established in 1998, is a leading monthly publication dedicated to the global and Indian steel and metallurgical industry. It covers a wide spectrum of sectors including integrated and secondary steel production, casting, rolling, re-rolling, mining, and related equipment and services. The magazine collaborates with key industry bodies like the Ministry of Steel, World Steel Association, and others to promote steel consumption and development.
Over the past 27 years, it has also organized numerous impactful seminars and conferences across India and Southeast Asia.
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From the Desk - By Nirmalya Mukherjee
April 2025 – FORGING AHEAD: INDIA’S STEEL SECTOR DEFIES GLOBAL HEADWINDS
As we close the books on FY 2024–25, India’s steel industry has once again demonstrated its strength—not just in numbers, but in narrative. At a time when traditional steel strongholds like the European Union are grappling with idle capacities, high production costs, and uncertain demand, India has carved out a compelling story of resilience and upward momentum.