Steel Sector Archives - Indian PSU | Public Sector Undertaking News https://indianpsu.com/tag/steel-sector/ All About Indian Public Sector Undertaking Tue, 16 Jun 2026 18:32:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://indianpsu.com/wp-content/uploads/2021/06/logo-150x150.png Steel Sector Archives - Indian PSU | Public Sector Undertaking News https://indianpsu.com/tag/steel-sector/ 32 32 SAIL Chairman Meets BCCL CMD Manoj Kumar Agarwal in New Delhi, Discusses Strengthening Coking Coal Partnership https://indianpsu.com/sail-chairman-meets-bccl-cmd-strengthen-coking-coal-partnership/ Tue, 16 Jun 2026 18:32:26 +0000 https://indianpsu.com/?p=39070 Chairman and Managing Director of Steel Authority of India Limited (SAIL), Ashok Kumar Panda, met Bharat Coking Coal Limited (BCCL) CMD Manoj Kumar Agarwal in New Delhi on Tuesday to discuss ways to further strengthen the long-standing partnership between the two public sector enterprises. During the meeting, both sides reviewed the existing coking coal supply …

The post SAIL Chairman Meets BCCL CMD Manoj Kumar Agarwal in New Delhi, Discusses Strengthening Coking Coal Partnership appeared first on Indian PSU | Public Sector Undertaking News.

]]> SAIL in Danger of Losing Maharatna Status; BHEL Shows Sharp Turnaround https://indianpsu.com/sail-maharatna-status-risk-bhel-turnaround-fy26/ Sun, 07 Jun 2026 06:39:29 +0000 https://indianpsu.com/?p=38855 The Centre has placed two state-run giants — Bharat Heavy Electricals Limited (BHEL) and Steel Authority of India Limited (SAIL) — on a one-year watchlist after they failed to meet the profitability criterion required for retaining their coveted Maharatna status. A high-level committee headed by Cabinet Secretary T.V. Somanathan reviewed the performance of Central Public …

The post SAIL in Danger of Losing Maharatna Status; BHEL Shows Sharp Turnaround appeared first on Indian PSU | Public Sector Undertaking News.

]]> Subhasis Sengupta Takes Charge as Director (Operations) of RINL https://indianpsu.com/subhasis-sengupta-director-operations-rinl/ Wed, 03 Jun 2026 08:49:38 +0000 https://indianpsu.com/?p=38748 Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant, has appointed Subhasis Sengupta as its new Director (Operations). He assumed charge on June 3, 2026, bringing with him more than three decades of experience in steel production, maintenance, project execution, and plant management. A Mechanical Engineering graduate from Bengal Engineering & Science …

The post Subhasis Sengupta Takes Charge as Director (Operations) of RINL appeared first on Indian PSU | Public Sector Undertaking News.

]]> SAIL Reworks Import Logistics as West Asia Tensions Drive Up Freight Costs https://indianpsu.com/sail-raw-material-imports-west-asia-freight-costs/ Sun, 31 May 2026 06:58:34 +0000 https://indianpsu.com/?p=38594 State-owned steel giant Steel Authority of India Limited (SAIL) is understood to be recalibrating its raw material import strategy to mitigate the impact of a sharp rise in global freight and insurance costs triggered by continuing geopolitical tensions in West Asia. Industry estimates suggest that shipping and insurance expenses have increased by nearly 30%, putting …

The post SAIL Reworks Import Logistics as West Asia Tensions Drive Up Freight Costs appeared first on Indian PSU | Public Sector Undertaking News.

]]> Dr. Ashok Kumar Panda Recommended as Next SAIL Chairman https://indianpsu.com/dr-ashok-kumar-panda-sail-chairman-pesb-recommendation/ Sat, 28 Mar 2026 07:14:31 +0000 https://indianpsu.com/?p=37049 Public Enterprises Selection Board has recommended Dr. Ashok Kumar Panda, Director (Finance), Steel Authority of India Limited, for the post of Chairman and Managing Director (CMD) of the steel major. The recommendation follows a high-stakes selection process in which 10 candidates were shortlisted and interviewed for one of the most prestigious leadership roles in India’s …

The post Dr. Ashok Kumar Panda Recommended as Next SAIL Chairman appeared first on Indian PSU | Public Sector Undertaking News.

]]> SAIL Under Fire: Steel Ministry Elevates Officer Amid Scam Shadow https://indianpsu.com/sail-director-commercial-controversy-steel-ministry/ Sat, 21 Mar 2026 01:30:00 +0000 https://indianpsu.com/?p=36847 The expectation was clear – following the early exit of Amarendu Prakash as Chairman of Steel Authority of India Limited (SAIL), the Ministry of Steel would initiate a deep institutional cleanse to restore credibility and reinforce governance standards. That expectation, however, appears to have fallen short. Even after Prakash’s departure, concerns persist that the legacy …

The post SAIL Under Fire: Steel Ministry Elevates Officer Amid Scam Shadow appeared first on Indian PSU | Public Sector Undertaking News.

]]> MNVS Prabhakar is the New CMD of Rashtriya Ispat Nigam Limited https://indianpsu.com/mnvs-prabhakar-cmd-rinl-vizag-steel/ Sat, 14 Mar 2026 08:16:59 +0000 https://indianpsu.com/?p=36692 After a prolonged wait, MNVS Prabhakar has been selected as the new Chairman and Managing Director (CMD) of Rashtriya Ispat Nigam Limited (RINL), popularly known as Vizag Steel. Prabhakar is currently serving as Executive Director at NMDC Steel Limited. His name was recommended by the Search-cum-Selection Committee after interviewing five candidates for the top position …

The post MNVS Prabhakar is the New CMD of Rashtriya Ispat Nigam Limited appeared first on Indian PSU | Public Sector Undertaking News.

]]> Retired Visakhapatnam Steel Plant DGM Donates Blood for the 22nd Time, Inspires Community Service https://indianpsu.com/penumatsa-sai-baba-raju-blood-donation-visakhapatnam-steel-plant/ Fri, 13 Mar 2026 11:28:52 +0000 https://indianpsu.com/?p=36667 Demonstrating an unwavering commitment to social service, Sri Penumatsa Sai Baba Raju (64), a retired Deputy General Manager from the Instrumentation Department of the Rashtriya Ispat Nigam Limited’s Visakhapatnam Steel Plant, donated blood for the 22nd time, responding promptly to a request for O Positive blood. He donated blood at the Homi Bhabha Cancer Hospital …

The post Retired Visakhapatnam Steel Plant DGM Donates Blood for the 22nd Time, Inspires Community Service appeared first on Indian PSU | Public Sector Undertaking News.

]]> NMDC Reports Record-Breaking Q2 FY26: Production Peaks, Revenue Jumps 30% on Robust Steel Demand https://indianpsu.com/nmdc-q2-fy26-results-production-revenue-growth/ Thu, 30 Oct 2025 08:04:10 +0000 https://indianpsu.com/?p=34058 Amid strong domestic steel demand and resilient mining operations, NMDC Limited has delivered its best-ever second quarter in FY26, achieving all-time highs in both production and sales volumes. The company also reported impressive growth across all key financial parameters. During Q2 FY26, NMDC’s iron ore production stood at 10.21 million tonnes, up 23% year-on-year, while …

The post NMDC Reports Record-Breaking Q2 FY26: Production Peaks, Revenue Jumps 30% on Robust Steel Demand appeared first on Indian PSU | Public Sector Undertaking News.

]]> NCOA Appeals To PM Modi For Strategic Merger Of Steel PSUs And Declaring Steel Sector As A Strategic Sector https://indianpsu.com/ncoa-appeals-to-pm-modi-for-strategic-merger-of-steel-psus-and-declaring-steel-sector-as-a-strategic-sector/ Sat, 17 May 2025 08:10:36 +0000 https://indianpsu.com/?p=29742 The National Confederation of Officers Associations of Central Public Sector Undertakings (NCOA) has appealed to Prime Minister Narendra Modi for Strategic Merger of Steel PSU’s and declaring Steel Sector as a Strategic Sector. The letter written by NCOA is given below for the benefit of the viewers of www.indianpsu.com – Respected Sir, In the council …

The post NCOA Appeals To PM Modi For Strategic Merger Of Steel PSUs And Declaring Steel Sector As A Strategic Sector appeared first on Indian PSU | Public Sector Undertaking News.

]]>