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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code