मैगज़्टर गोल्ड के साथ असीमित हो जाओ
9,500 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
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.
यह कहानी Mint New Delhi के August 29, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 9,500 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Mint New Delhi से और कहानियाँ
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
Mint New Delhi
BluSmart, Gensol spar over 4,000 leased EVs
The startup twin bankruptcies of ride-hailing BluSmart Mobility Ltd and renewable energy firm Gensol Engineering Ltd, related parties from the same promoter group-have collided over control of thousands of electric vehicles (EVs) that are now lying idle.
1 min
September 19, 2025
Mint New Delhi
Gameskraft episode bares false papers, weak checks
Concentrated power, falsified documents, and weak checks and balances-the unraveling at Gameskraft has invited comparisons with the Satyam saga.
1 min
September 18, 2025
Mint New Delhi
IOC, L&T, others eye crude reserve
Multiple energy and engineering giants, including IndianOil Corp. (IOC), Trafigura, Vitol, and Larsen & Toubro Ltd (L&T), have shown interest in developing a strategic crude reserve at Chandikhol, Odisha, said two people in the know.
2 mins
September 18, 2025
Mint New Delhi
Centre works to fix snags in free trade
Solution for procedural gaps, talks to resolve access issues likely
3 mins
September 18, 2025
Mint New Delhi
Sparring over chips
China has upped the ante in its trade tussle with the US. As reported, China's internet regulator has ordered Chinese tech companies not to buy artificial intelligence (AI) chips from Nvidia.
1 min
September 18, 2025
Listen
Translate
Change font size