Facebook Pixel Sail's ambitious capacity push faces a risk of oversupply | Mint Bangalore - newspaper - Magzter.comでこの記事を読む
Magzter GOLDで無制限に

Magzter GOLDで無制限に

10,000以上の雑誌、新聞、プレミアム記事に無制限にアクセスできます。

$149.99
 
$74.99/年

試す - 無料

Sail's ambitious capacity push faces a risk of oversupply

Mint Bangalore

|

August 29, 2025

Tempering expectations

- Ashish Agrawal

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.

Mint Bangalore からのその他のストーリー

Mint Bangalore

Mint Bangalore

Tech stocks drag Sensex, Nifty lower as AI fears strike

as bad as what the market is currently visualising.

time to read

2 mins

February 25, 2026

Mint Bangalore

Mint Bangalore

Inside Apple's push to build an all-American chip

control of Taiwan.

time to read

3 mins

February 25, 2026

Mint Bangalore

Mint Bangalore

Global PE giants eye stake in Synthimed in $200-mn deal

General Atlantic, KKR and CVC Capital are evaluating a minority stake buy in Synthimed

time to read

2 mins

February 25, 2026

Mint Bangalore

Mint Bangalore

Global auto parts makers turn to India for engineering

Components majors such as Tenneco are expanding their manufacturing footprint in India

time to read

3 mins

February 25, 2026

Mint Bangalore

Tata Sons board defers decision on 3rd term for chairman Chandra

Months due to a lack of consensus.

time to read

3 mins

February 25, 2026

Mint Bangalore

Reject this devolution proposal of the 16th Finance Commission

Its recommendation to delink devolution from state commission reports seems too flawed to accept

time to read

3 mins

February 25, 2026

Mint Bangalore

Mint Bangalore

Asset monetization 2.0: Execution holds the key

The Centre's plan to monetize public assets by turning control over to private operators can boost our infrastructure build-up. Let's keep this process even-handed and well-regulated

time to read

2 mins

February 25, 2026

Mint Bangalore

Mint Bangalore

Centre's spending cuts hit GDP growth in Q3: Poll

jumped to 6.4% from 5.6% the previous quarter.

time to read

1 mins

February 25, 2026

Mint Bangalore

Mint Bangalore

AI transition is painful but gradual: HCLTech

CEO Vijayakumar said enterprise adoption will take time, isn't as dramatic

time to read

2 mins

February 25, 2026

Mint Bangalore

Mint Bangalore

THE ANATOMY OF A 72-HOUR DIGITAL ARREST

A 39-year-old executive lost ₹5.85 crore after falling prey to a digital arrest. We traced the money trail.

time to read

7 mins

February 25, 2026

Listen

Translate

Share

-
+

Change font size