Steel Supplier News

steel

Steel Company Expands into Defence, Aerospace & Nuclear Sectors

By

SteelBazaar News•January 31, 2026•2 min read

SteelBazaar News

A rising Indian steel manufacturer is making bold moves into high-growth, high-security sectors — defence, nuclear, and aerospace. Known for its quality-driven production and engineering capabilities, the company is now positioning itself as a key supplier to India's strategic industries.

With recent approvals and partnerships, the steel firm is manufacturing specialized alloys and components required in critical applications such as missile systems, naval platforms, aircraft structures, and nuclear reactors. These sectors demand stringent quality standards, and the company's entry reflects its technological maturity and global ambition.

India’s growing focus on self-reliance in defence and advanced technologies under initiatives like ‘Make in India’ and ‘Atmanirbhar Bharat’ creates strong tailwinds for such strategic diversification. The company aims to capitalize on this momentum by scaling up capacity and expanding R&D to meet the technical demands of these sectors.This strategic shift is not only expected to strengthen margins and reduce cyclicality but also enhance the company’s global competitiveness. Investors and industry watchers see this as a transformative step, with the steel stock gaining attention for its long-term growth prospects.

Also Read :

Steelmakers Warn Cheaper Imports Are Squeezing Margins Ahead of Review Meet

India Pushes Exporters to Produce ‘5-Star’ Green Steel to Bypass Carbon Tax

Pakistan witnessed a substantial 76% decline in scrap imports in January compared to December, marki...

The PM Gati Shakti programme, has recommended permission for three road and railway infrastructure p...

Sajjan Jindal, the chairman of the Mumbai-based Steel to Infrastructure JSW Group, expressed interes...

The Thai Department of Foreign Trade (DFT) has initiated an anti-circumvention investigation into co...

Prime Minister Narendra Modi recently opened a fancy Boeing centre in Bengaluru, India. This Boeing...

Iron ore futures finished 2025 with an annual gain, marking a notable turnaround from earlier-year c...

Share Your Insights!

Publish your articles, reach a global audience, and make an impact.

0

Recent Comments

Related News You might want to check out

View by

Ukraine launched an anti-dumping investigation into imports of steel pipes of Turkish origin

Ukraine launched an anti-dumping investigation into imports of steel pipes of Turkish originThe products covered by the investigation consist of welded and non-galvanized (black) steel pipes classified under the following customs tariff codes in the Ukrainian Classification of Goods for Foreign Economic Activity (UKT ZED): 7306 30 49 90, 7306 30 77 90, 7306 30 80 90, 7306 30 12 00, 7306 61 92 00, and 7306 61 99 00. The investigation will be conducted by the Ministry of Economy, Environment and Agriculture of Ukraine. Parties wishing to participate in the investigation must register within 30 calendar days, while all registered parties will be required to submit their written comments within 60 calendar days. Authorities stated that, following the completion of the investigation, possible anti-dumping measures on imports of steel pipes originating from Türkiye will be decided based on the findings obtained during the process.

01 February 2026

Ukraine launched an anti-dumping investigation into imports of steel pipes of Turkish origin

Ukraine launched an anti-dumping investigation into imports of steel pipes of Turkish origin

01 February 2026

Liberia extends mining agreement with ArcelorMittal until 2050

Liberia extends mining agreement with ArcelorMittal until 2050The new agreement strengthens ArcelorMittal’s long-term mining investments and its commitment to Liberia, while also supporting the government’s objective of opening the Tokadeh–Buchanan railway corridor to multi-user access. The agreement follows the commissioning of the recently completed iron ore concentrator plant located in Tokadeh, in Liberia’s Nimba County. Equipped with state-of-the-art technology, the facility is considered one of the largest and most advanced iron ore beneficiation plants in Africa. It forms the centerpiece of ArcelorMittal’s USD 1.8 billion expansion project, bringing the company’s total investment in Liberia to USD 3.5 billion — the largest foreign direct investment in the country’s post-war history. As part of the expansion, significant investments are being made in the railway infrastructure between Tokadeh and Buchanan. The project also includes the construction of a new berth at the Port of Buchanan, upgrades to existing port facilities, and the develop

31 January 2026

Liberia extends mining agreement with ArcelorMittal until 2050

Liberia extends mining agreement with ArcelorMittal until 2050

31 January 2026

Jindal Steel Posts Strong Q3 Profit on Robust Demand

Jindal Steel Posts Strong Q3 Profit on Robust DemandJindal Steel & Power Ltd. reported a solid financial performance for Q3, with its consolidated net profit climbing to ₹1,208 crore, up 66% year-on-year. The surge comes despite rising input costs and a challenging global steel environment. Driven by strong domestic demand and operational efficiency, the company’s revenue stood at ₹12,355 crore, reflecting stable sales volumes and better product mix. While raw material expenses increased, Jindal Steel managed to protect its margins through disciplined cost control and a strategic focus on value-added products. The company also highlighted robust growth in exports, despite global headwinds, and continues to invest in capacity expansion to meet rising infrastructure and construction sector needs. Jindal Steel’s Q3 performance reaffirms its resilience and leadership position in the Indian steel industry.Looking ahead, the company remains optimistic, banking on sustained infrastructure momentum, government spending, and improved interna

SteelBazaar News

31 January 2026

Jindal Steel Posts Strong Q3 Profit on Robust Demand

Jindal Steel Posts Strong Q3 Profit on Robust Demand

SteelBazaar News

31 January 2026

Tata Steel stated that it could benefit from the planned changes to the UK steel quotas

Tata Steel stated that it could benefit from the planned changes to the UK steel quotasAccording to SteelRadar, the UK is expected to reduce the volume of foreign steel allowed to enter the country duty-free in order to protect its domestic steel industry. The government is reportedly considering changes to the current quota system due to global oversupply and rising protectionist trends. In recent months, the global steel market has been affected by excess supply—particularly driven by rising exports from China—along with an increase in protectionist measures across many countries. These developments have prompted the UK to reassess its existing import framework. Under the current system, certain volumes of steel can be imported without the 25% tariff; however, these duty-free quotas are now under review. The government is said to be considering reducing these volumes to better reflect the actual needs of the UK market. Although details have yet to be finalized, announcements regarding potential changes are expected in April, with the new system likely to come into forc

31 January 2026

Tata Steel stated that it could benefit from the planned changes to the UK steel quotas

Tata Steel stated that it could benefit from the planned changes to the UK steel quotas

31 January 2026

Jordan signed two memorandum of understanding for mineral exploration in southern regions

Jordan signed two memorandum of understanding for mineral exploration in southern regionsJordan’s Minister of Energy and Mineral Resources, Saleh Kharabsheh, announced the signing of two separate memorandum of understanding (MoU) aimed at exploring and developing mineral resources in the southern regions of Wadi Abu Al-Buraq and Samra Al-Taybeh. The first MoU covers the exploration of base, precious, critical, and strategic minerals, along with rare earth elements, across an area of 13.9 square kilometers in the Jabal Samra Al-Taybeh region. Exploration and preliminary assessment activities are expected to last 67 weeks. The second MoU covers an area of 106 square kilometers in the Jabal Abu Al-Buraq region and includes the exploration of gold ore, as well as base and precious minerals, critical and strategic minerals, and rare earth elements. The exploration program in this area is planned to be completed within 98 weeks. Speaking at the signing ceremony, Minister Kharabsheh said the agreements would enhance the mining sector’s contribution to the national economy, encour

31 January 2026

Jordan signed two memorandum of understanding for mineral exploration in southern regions

Jordan signed two memorandum of understanding for mineral exploration in southern regions

31 January 2026

India designates coking coal as a critical mineral due to steel import dependence

India designates coking coal as a critical mineral due to steel import dependenceAs part of structural reforms in the mining sector, the central government amended the Mines and Minerals (Development and Regulation) Act of 1957 (MMDR Act) to include coking coal under this classification. The decision was taken in line with the recommendations of the High Level Committee on the implementation of the Viksit Bharat objectives and policy assessments conducted by NITI Aayog. India’s estimated coking coal reserves stand at 37.37 billion tonnes, with the majority located in Jharkhand. Significant reserves are also found in Madhya Pradesh, West Bengal, and Chhattisgarh. Despite this resource base, the country remains highly dependent on coking coal imports. Import volumes increased from 51.20 million tonnes in the 2021 fiscal year to 57.58 million tonnes in the 2025 fiscal year. Approximately 95 percent of the steel sector’s coking coal requirement is currently met through imports. Projects classified under critical minerals will be exempt from public consultation requirem

31 January 2026

India designates coking coal as a critical mineral due to steel import dependence

India designates coking coal as a critical mineral due to steel import dependence

31 January 2026

Tenaris signed a contract with TPAO for the Sakarya Gas field phase 3 project

Tenaris signed a contract with TPAO for the Sakarya Gas field phase 3 projectAccording to information published on 28 January 2026, the project is located in the ultra-deep waters of the Black Sea, approximately 170 kilometers offshore, at a water depth of 2,150 meters.Under the signed contract, Tenaris will supply 22,700 tons of seamless pipes for flowlines and a 62-kilometer monoethylene glycol (MEG) pipeline. In addition, 87,800 tons of welded pipes will be delivered for the 180-kilometer export pipeline.Furthermore, an additional 7,700 tons of pipes will be supplied for production tubing, MEG lines, and the export pipeline. The seamless pipes will be manufactured at Tenaris’ Dalmine facility in Italy. These pipes will be coated with a three-layer polypropylene (3LPP) anti-corrosion coating by TenarisShawcor at its Villamarzana plant, along with the installation of anode pads and anti-buckling devices. The welded pipes will be produced at the Confab plant in Pindamonhangaba, Brazil. These products will also be protected with 3LPP coating and fitted with anod

31 January 2026

Tenaris signed a contract with TPAO for the Sakarya Gas field phase 3 project

Tenaris signed a contract with TPAO for the Sakarya Gas field phase 3 project

31 January 2026

Steel Company Expands into Defence, Aerospace & Nuclear Sectors

Steel Company Expands into Defence, Aerospace & Nuclear SectorsA rising Indian steel manufacturer is making bold moves into high-growth, high-security sectors — defence, nuclear, and aerospace. Known for its quality-driven production and engineering capabilities, the company is now positioning itself as a key supplier to India's strategic industries. With recent approvals and partnerships, the steel firm is manufacturing specialized alloys and components required in critical applications such as missile systems, naval platforms, aircraft structures, and nuclear reactors. These sectors demand stringent quality standards, and the company's entry reflects its technological maturity and global ambition. India’s growing focus on self-reliance in defence and advanced technologies under initiatives like ‘Make in India’ and ‘Atmanirbhar Bharat’ creates strong tailwinds for such strategic diversification. The company aims to capitalize on this momentum by scaling up capacity and expanding R&D to meet the technical demands of these sectors.This strategi

SteelBazaar News

31 January 2026

Steel Company Expands into Defence, Aerospace & Nuclear Sectors

Steel Company Expands into Defence, Aerospace & Nuclear Sectors

SteelBazaar News

31 January 2026

Green Steel Can Shape India’s Climate Goals Trajectory

Green Steel Can Shape India’s Climate Goals TrajectoryIndia is on the brink of a sustainable industrial revolution — and green steel is at its core. As one of the world’s largest steel producers, India’s transition to low-carbon steelmaking could significantly reduce national emissions while positioning the country as a global green manufacturing hub. Green steel refers to steel produced without fossil fuels, using alternatives like green hydrogen and renewable-powered electric arc furnaces. With the steel sector currently contributing nearly 12% of India’s industrial emissions, decarbonizing this industry is critical for meeting the country’s net-zero target by 2070.The shift toward green steel will require a phased strategy: developing green hydrogen infrastructure, repurposing existing facilities, and introducing supportive policy mechanisms. Importantly, it also opens the door to innovation, job creation, and climate-resilient growth. Major players in the Indian steel industry are already exploring clean technologies, while government

SteelBazaar News

31 January 2026

Green Steel Can Shape India’s Climate Goals Trajectory

Green Steel Can Shape India’s Climate Goals Trajectory

SteelBazaar News

31 January 2026

Steel Ministry Clears MOIL-MP Mining JV, Final Nod Awaited

Steel Ministry Clears MOIL-MP Mining JV, Final Nod AwaitedThe Steel Ministry has granted in-principle approval to the proposed joint venture between MOIL Ltd. and the Madhya Pradesh government for manganese ore mining. This key development marks a strategic collaboration aimed at boosting domestic mineral production and strengthening India’s raw material security. The joint venture, between state-run miner MOIL and the MP State Mining Corporation, is expected to unlock new mining zones rich in manganese — a critical alloying element for steelmaking. Once fully approved, the JV will focus on exploration, extraction, and production, further supporting the government's Atmanirbhar Bharat mission. With the initial green signal secured, both parties now await final clearance from the appropriate authorities to commence operations. Industry experts view this move as a significant step toward ensuring long-term resource availability for the steel sector, which continues to expand rapidly on the back of infrastructure growth and industrial demand.Thi

SteelBazaar News

31 January 2026

Steel Ministry Clears MOIL-MP Mining JV, Final Nod Awaited

Steel Ministry Clears MOIL-MP Mining JV, Final Nod Awaited

SteelBazaar News

31 January 2026

China steel prices seen rangebound in February

China steel prices seen rangebound in FebruaryPosted on 30 Jan 2026 Chinese steel prices are expected to fluctuate in a narrow range in February, caught between weakening fundamentals in the ferrous market and an improving macroeconomic environment, Mysteel's chief analyst Wang Jianhua predicts in his latest monthly outlook. Over the past month, the country's finished steel prices softened overall due to the waning steel demand from domestic downstream industries, Mysteel's survey showed. During January 1-28, China's national composite steel price averaged Yuan 3,451/tonne ($496/t) including the 13% VAT, slightly lower by Yuan 8/t or 0.2% from the average price of the previous month, according to Mysteel's assessment. In the coming month, steel demand nationwide will likely weaken further, as most steel end-users will close their businesses during the Chinese New Year (CNY) holiday over February 15-23, Wang noted. However, steel production may not retreat by much, as most blast furnace (BF) steelmakers will maintain steady product

30 January 2026

China steel prices seen rangebound in February

China steel prices seen rangebound in February

30 January 2026

The export agenda of the casting industry was discussed at İDDMİB meeting

The export agenda of the casting industry was discussed at İDDMİB meetingThe meeting was attended by representatives from the Republic of Türkiye Ministry of Trade and the Republic of Türkiye Ministry of Industry and Technology, as well as the İDDMİB Board of Directors and Secretariat General, the TÜDÖKSAD Board of Directors and Secretariat General, sector companies, and representatives of stakeholder institutions. Opening remarks were delivered by İDDMİB Vice Chairman of the Board Sevgür Arslanpay, İDDMİB Board Member Aynur Ayhan, and TÜDÖKSAD Chairman of the Board Kadir Efe. The speeches included evaluations of the casting industry’s export performance, global competitive conditions, and the sector’s ongoing transformation process. Within the scope of the program, the sector’s current export structure and the challenges it faces were discussed in a multi-dimensional manner, alongside global industrial trends, investment dynamics, strategic planning issues, structural transformation, and competitive pressures. In addition, the organization of the 76th Worl

30 January 2026

The export agenda of the casting industry was discussed at İDDMİB meeting

The export agenda of the casting industry was discussed at İDDMİB meeting

30 January 2026