Versuchen GOLD - Frei
Sail's ambitious capacity push faces a risk of oversupply
Mint Bangalore
|August 29, 2025
Tempering expectations
Steel Authority of India Ltd (Sail) shares are down 11% over the past year, despite efforts to amplify capacity.
In its FY25 annual report this week, Sail reiterated its production capacity target of 35mtpa (million tonnes per annum) by FY31 from 20mtpa currently. That entails a total investment of ₹1 trillion. Peak spending of ₹10,000-15,000 crore is expected in FY28-FY29. But a risk of domestic oversupply looms, as competitors add capacity.
The start to FY26 was unexciting as Sail trimmed the year's sales volume guidance to 18.5mt (excluding NMDC Steel) from 19.2mt. This is just 3% higher than FY25's 17.9mt.
Diese Geschichte stammt aus der August 29, 2025-Ausgabe von Mint Bangalore.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Bangalore
Mint Bangalore
Test viability of bankruptcy firms early, says regulator
The viability of businesses entering bankruptcy proceedings should be tested in the first month before they're allowed to operate as going concerns, the Insolvency and Bankruptcy Board of India (IBBI) has proposed in a set of new draft regulations.
1 min
February 18, 2026
Mint Bangalore
Giorgia Meloni’s mission: persuading Trump and Europe to be friends
Italy's leader is trying to stop the trans-Atlantic rift from becoming a divorce
4 mins
February 18, 2026
Mint Bangalore
IT stocks boost equity market
India’s benchmark indexes edged higher on Tuesday, as IT stocks rallied following the announcement of the Infosys-Anthropic partnership and overcame a sharp pullback in Reliance shares.
1 min
February 18, 2026
Mint Bangalore
New studios from Birla, Balaji wade into crowded content space
Entertainment industry entities are launching new ventures and verticals that aim to either back films for the big screen or programming for streaming platforms even amid the risks of volatility in the movie business, plateauing OTT subscriptions and unsold content inventory.
2 mins
February 18, 2026
Mint Bangalore
Solar cell firms eye 50GW capacity at ₹30,000 crore
Upcoming rules on local sourcing spark a scramble for domestic capacity addition
1 mins
February 18, 2026
Mint Bangalore
In Iran, payment plans for groceries signal a deepening crisis
Iran's economic meltdown, which around the new year triggered protests that threatened the regime’s grasp on power, is getting worse.
3 mins
February 18, 2026
Mint Bangalore
How India’s wealth boom is igniting a frontline talent war
The fight for India's fast-growing wealth pool has led to a battle for frontline talent.
2 mins
February 18, 2026
Mint Bangalore
E-comm cos contribute most to refund disputes
E-commerce firms saw most grievances, travel followed. are
1 mins
February 18, 2026
Mint Bangalore
Shree Cement’s other troubles outweigh its green flags
Shree Cement Ltd’s share of green power in total electricity consumption at 60% in Q3FY26 was among the highest in the industry.
1 mins
February 18, 2026
Mint Bangalore
Maruti Suzuki launches first EV
India’s top car maker, Maruti Suzuki, launched its maiden electric vehicle (EV) in the local market on Tuesday, along with a battery rental plan.
1 min
February 18, 2026
Listen
Translate
Change font size