+
Steel Ministry Plans Mining Vertical at SAIL
Steel

Steel Ministry Plans Mining Vertical at SAIL

The Ministry of Steel is considering the creation of a dedicated mining vertical within Steel Authority of India Ltd (SAIL) to enhance iron ore production, a senior government official has confirmed.

The proposal, currently under discussion at the ministerial level, aims to streamline and strengthen SAIL’s mining operations in support of its long-term expansion strategy. SAIL, one of India’s largest integrated steel producers, holds several captive iron ore blocks across the country.

“The Ministry is in talks with the company. The structure of the proposed vertical is being worked out and will be shared with SAIL for further action,” the official stated.

The planned mining unit would focus on increasing iron ore output to align with SAIL’s ambition to raise its installed steel-making capacity to 35 million tonnes per annum (MTPA) by 2030. Iron ore is a crucial raw material in the blast furnace-based steel manufacturing process.

SAIL, which operates under the administrative control of the Ministry of Steel, is the country’s third-largest iron ore producer. It manages a network of 15 iron ore mines in Jharkhand, Odisha, and Chhattisgarh, along with four coal mines and three flux mines.

In FY 2024–25, the company produced 33.78 million tonnes of iron ore, 0.59 million tonnes of coking coal, 0.84 million tonnes of thermal coal, 1.31 million tonnes of limestone, and 0.40 million tonnes of dolomite.

A query sent to SAIL regarding the development remained unanswered at the time of publication.

The Ministry of Steel is considering the creation of a dedicated mining vertical within Steel Authority of India Ltd (SAIL) to enhance iron ore production, a senior government official has confirmed.The proposal, currently under discussion at the ministerial level, aims to streamline and strengthen SAIL’s mining operations in support of its long-term expansion strategy. SAIL, one of India’s largest integrated steel producers, holds several captive iron ore blocks across the country.“The Ministry is in talks with the company. The structure of the proposed vertical is being worked out and will be shared with SAIL for further action,” the official stated.The planned mining unit would focus on increasing iron ore output to align with SAIL’s ambition to raise its installed steel-making capacity to 35 million tonnes per annum (MTPA) by 2030. Iron ore is a crucial raw material in the blast furnace-based steel manufacturing process.SAIL, which operates under the administrative control of the Ministry of Steel, is the country’s third-largest iron ore producer. It manages a network of 15 iron ore mines in Jharkhand, Odisha, and Chhattisgarh, along with four coal mines and three flux mines.In FY 2024–25, the company produced 33.78 million tonnes of iron ore, 0.59 million tonnes of coking coal, 0.84 million tonnes of thermal coal, 1.31 million tonnes of limestone, and 0.40 million tonnes of dolomite.A query sent to SAIL regarding the development remained unanswered at the time of publication.

Next Story
Infrastructure Transport

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Next Story
Infrastructure Urban

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Next Story
Infrastructure Urban

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App