Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Sail's ambitious capacity push faces a risk of oversupply
Mint New Delhi
|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.
Cette histoire est tirée de l'édition August 29, 2025 de Mint New Delhi.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint New Delhi
Mint New Delhi
H-1B fee hike spells gloom for Indian IT
Bigger firms may handle costs better, other sectors affected too
3 mins
September 22, 2025
Mint New Delhi
Govt scans prices for profiteering as tax cuts kick in
As the biggest reform in India's goods and services taxes (GST) rolls out today, the Centre will be monitoring whether companies actually pass on the tax cuts or keep the gains to themselves.
3 mins
September 22, 2025
Mint New Delhi
ChrysCapital to whip up a $200 million dessert storm
India-focused private equity firm ChrysCapital is sweetening its portfolio with a $200-million push into the desserts space, following last month's acquisition of patisserie chain Theobroma, two people familiar with the matter said on condition of anonymity.
2 mins
September 22, 2025
Mint New Delhi
Why has Trump's H-1B fee spooked GCCs in India?
1 How big is India's GCC segment?
2 mins
September 22, 2025
Mint New Delhi
HOW CHINA PREPPED FOR THE TARIFF CRISIS
Chinese goods exports grew by 4.1% in year-on-year terms in August. It was the slowest rate in six months, and its worst performance since the US' Donald Trump administration imposed tariffs on almost all economies.
3 mins
September 22, 2025
Mint New Delhi
DATA RECAP: THE WEEK IN CHARTS
From the early impact of US tariffs on India's exports, modest growth in foodgrain production, women facing higher levels of unemployment, and the government looking to mobilize $1 billion in green finance-here is a compilation of this week's news in numbers, curated by Nandita Venkatesan.
2 mins
September 19, 2025
Mint New Delhi
Sebi clears Adani of Hindenburg charge
The stock market regulator on Thursday cleared Adani Group and its top executives of allegations of bypassing related-party transaction rules levelled by Hindenburg Research, bringing the curtains down on an episode that has stretched out across 15 months.
3 mins
September 19, 2025
Mint New Delhi
The CEA's optimism
Could the recent thaw in India-US ties result in tariffs being lowered sharply on Indian exports?
1 min
September 19, 2025
Mint New Delhi
Blackstone looks to buy Zelestra India
New Blackstone RE platform likely; JP Morgan running deal
2 mins
September 19, 2025
Mint New Delhi
How junk feeds profits, starves young bodies
The food industry has trapped children into unhealthy diets, with calorie-dense ultra-processed food dominating shops and schools, Unicef warns in its report Feeding Profit: How Food Environments are Failing Children. Mint unpacks what's at stake for India and world.
2 mins
September 19, 2025
Listen
Translate
Change font size