Ministry of Steel Signs MoUs for 85 Specialty Steel Projects Involving Investment of ₹11,887 Crore

• On 9 February 2026, Ministry of Steel signed 85 MoUs with 55 companies under PLI Scheme 1.2 (Third Round) for Specialty Steel at Vigyan Bhawan, New Delhi.
• Committed investment ₹11,887 crore; committed capacity 8.7 million tonnes of downstream specialty steel/alloy.
• Relevance: flagship Make in India / Atmanirbhar Bharat instrument for import substitution in high-value steel — a recurring PLI / industrial-policy theme in GS-III.