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Friday, July 18, 2025 , BSE Sensex : 81,757.73 81,757.73(-0.61%) , Adani Ports : 1,442.75 1,442.75(-0.67%) , Asian Paints : 2,382.10 2,382.10(-0.71%) , Axis Bank : 1,099.10 1,099.10(-5.24%) , Bajaj Finance : 941.85 941.85(1.94%) , Bajaj Finserv : 2,029.40 2,029.40(0.14%) , Bharat Electron : 394.70 394.70(-2.34%) , Bharti Airtel : 1,901.05 1,901.05(-1.49%) , Eternal Ltd : 257.35 257.35(-0.92%) , HCL Technologies : 1,549.05 1,549.05(0.32%) , HDFC Bank : 1,957.40 1,957.40(-1.47%) , Hind. Unilever : 2,488.90 2,488.90(-0.85%) , ICICI Bank : 1,426.50 1,426.50(0.52%) , Infosys : 1,586.55 1,586.55(0.24%) , ITC : 422.65 422.65(-0.27%) , Kotak Mah. Bank : 2,140.75 2,140.75(-1.44%) , Larsen & Toubro : 3,464.10 3,464.10(-0.29%) , M & M : 3,194.10 3,194.10(0.00%) , Maruti Suzuki : 12,422.70 12,422.70(-0.44%) , NTPC : 342.05 342.05(-0.15%) , Power Grid Corpn : 294.05 294.05(-0.88%) , Reliance Industr : 1,476.85 1,476.85(-0.02%) , St Bk of India : 823.30 823.30(-0.64%) , Sun Pharma.Inds. : 1,693.25 1,693.25(-0.59%) , Tata Motors : 680.15 680.15(-0.23%) , Tata Steel : 162.50 162.50(1.66%) , TCS : 3,189.85 3,189.85(-0.58%) , Tech Mahindra : 1,548.50 1,548.50(-0.96%) , Titan Company : 3,402.05 3,402.05(-0.88%) , Trent : 5,370.65 5,370.65(-0.87%) , UltraTech Cem. : 12,498.35 12,498.35(0.01%) ,

Nifty 50 : 24,968.40 -143.05(-0.57%) , Adani Enterp. : 2,596.10 -20.50(-0.78%) , Adani Ports : 1,443.10 -9.40(-0.65%) , Apollo Hospitals : 7,303.50 -47.00(-0.64%) , Asian Paints : 2,382.40 -16.50(-0.69%) , Axis Bank : 1,099.30 -60.50(-5.22%) , Bajaj Auto : 8,347.50 17.50(0.21%) , Bajaj Finance : 942.00 18.70(2.03%) , Bajaj Finserv : 2,029.60 3.10(0.15%) , Bharat Electron : 394.75 -9.45(-2.34%) , Bharti Airtel : 1,901.00 -28.90(-1.50%) , Cipla : 1,482.30 -0.10(-0.01%) , Coal India : 388.50 2.60(0.67%) , Dr Reddy's Labs : 1,257.50 -5.60(-0.44%) , Eicher Motors : 5,627.50 -22.50(-0.40%) , Eternal Ltd : 257.20 -2.45(-0.94%) , Grasim Inds : 2,728.50 -37.80(-1.37%) , HCL Technologies : 1,548.80 4.90(0.32%) , HDFC Bank : 1,957.40 -29.50(-1.48%) , HDFC Life Insur. : 739.50 -12.30(-1.64%) , Hero Motocorp : 4,396.70 -46.90(-1.06%) , Hind. Unilever : 2,489.60 -20.20(-0.80%) , Hindalco Inds. : 675.90 1.35(0.20%) , ICICI Bank : 1,425.80 7.10(0.50%) , IndusInd Bank : 870.05 4.95(0.57%) , Infosys : 1,586.10 2.60(0.16%) , ITC : 422.75 -1.20(-0.28%) , Jio Financial : 316.85 -1.30(-0.41%) , JSW Steel : 1,034.40 0.20(0.02%) , Kotak Mah. Bank : 2,140.50 -30.30(-1.40%) , Larsen & Toubro : 3,464.80 -9.20(-0.26%) , M & M : 3,192.40 -2.60(-0.08%) , Maruti Suzuki : 12,419.00 -57.00(-0.46%) , Nestle India : 2,472.20 23.10(0.94%) , NTPC : 342.10 -0.55(-0.16%) , O N G C : 246.31 2.44(1.00%) , Power Grid Corpn : 294.15 -2.45(-0.83%) , Reliance Industr : 1,476.00 -0.40(-0.03%) , SBI Life Insuran : 1,788.40 -14.40(-0.80%) , Shriram Finance : 645.50 -19.95(-3.00%) , St Bk of India : 823.35 -5.65(-0.68%) , Sun Pharma.Inds. : 1,693.60 -9.80(-0.58%) , Tata Consumer : 1,095.90 -9.90(-0.90%) , Tata Motors : 680.25 -1.45(-0.21%) , Tata Steel : 162.37 2.47(1.54%) , TCS : 3,189.90 -19.30(-0.60%) , Tech Mahindra : 1,548.90 -14.80(-0.95%) , Titan Company : 3,402.90 -30.40(-0.89%) , Trent : 5,375.00 -42.50(-0.78%) , UltraTech Cem. : 12,498.00 3.00(0.02%) , Wipro : 266.95 6.35(2.44%) , Friday, July 18, 2025

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02-Jul-2025     17:59
India will likely need about 300 MT steel capacity by 2030 and 400 MT of steel capacity by 2035 to cater to robust steel demand
Ministry of Steel has noted that India is the only major economy, where steel consumption is growing at above 12% for the last three years. On the contrary, the steel consumption in other geographies is either stagnant or decline. This fast growth in steel consumption is due to Government of India's push on infrastructure strengthening, public and private sector development in buildings and real estate and growing manufacturing of capital goods in the country. To cater to this steel demand, the country will need about 300 million tonnes or MT steel capacity by 2030 and 400 MT of steel capacity by 2035. This capacity creation will require capital infusion of approximately US$ 200 billion by 2035. If substandard cheap steel imports affect the domestic steel industry (both integrated steel producers and small steel industries) their capacity to infuse this capital will come into terrible strain and the capacity expansion plans of steel industry will be adversely affected.

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