steel

It will also have a diversified regional footprint with ~13mtpa capacity in south, ~10mtpa in west and ~4mtpa in east of the country. JSTL, along with a JSW group firm, …

The continuing surge in global steel demand, production curbs in China, and high iron ore prices will together fuel another surge in domestic steel prices, according to analysts. “We believe …

Steel prices have soared internationally and domestic demand seems robust. Global brokerage firms Morgan Stanley and UBS have joined India’s big bull Rakesh Jhunjhunwala in going bullish on steel stocks …

Stainless steel production in India declined 19 per cent to 3.17 million tonnes (mt) last year against 3.93 mt in 2019, as per data released by the Indian Stainless Steel …

It’s not only automobile companies that are looking to gain from the new scrappage policy; steel companies, including Tata Steel, JSW Steel and Liberty group, are also gearing up to …

Prime Minister Narendra Modi’s office is monitoring steel prices on a daily basis due to concerns about their negative impact on the government’s infrastructure push, said Ranjan Bandyopadhyay, Executive Secretary, …

Skyscrapers and bridges, cars and cruise ships, guns and washing machines. All have one thing in common: steel. As a key input for engineering and construction, it is the world’s …

We upgrade FY22 Ebitda by 9% and EPS by 18% on higher steel prices, but broadly retain our FY23 estimates. TATA’s Q3 EBITDA rose 53% q-o-q (up 2.1x y-o-y) and …

According to technical analysts, a lack of selling interest in the next 1-2 sessions may allow bulls to make a comeback from the lows on D-Street. Image: Reuters BSE Sensex …

Indian stock market benchmarks extended the post-budget rally to the sixth straight day. Image: Reuters Indian stock market benchmarks extended the post-budget rally to the sixth straight day. S&P BSE …

The VSP was set up after a series of protests spearheaded by students and death of 32 people in police firing Visakhapatnam Steel Plant (VSP) has a long saga of …

“Kalyan left for a Delhi visit with PAC chairman Nadendla Manohar,” the regional party, which is a BJP ally, said in a statement. Kalyan is expected to apprise the BJP …

VIJAYAWADA: Chief Minister Y.S. Jagan Mohan Reddy on Saturday night requested Prime Minister Narendra Modi to reconsider disinvestment plans of Rashtriya Ispat Nigam Limited (RINL), popularly referred to as Visakhapatnam …

This story originally appeared on Grist and is part of the Climate Desk collaboration. Coal’s grip on the global electricity sector is loosening as more utilities and companies invest in …

Notwithstanding the cut in import duty on steel products, the high iron ore prices and second wave of Covid remain a concern for the domestic steel sector, though demand has …

The cut in import duty is expected to exert pressure of steel companies to reduce domestic prices. To protect the interests of the end-user industries of steel, the Budget announced …

The market has given a thumbs up to the Budget as it has a clear focus on infrastructure and government spending. The government has increased capital expenditure, undertaken financial reforms, …

The massive investment in infrastructure projects is expected to boost steel demand even while the cut in import duty on certain steel products is expected to open up doors for …

The government on Monday announced slashing of import duties in the Union Budget 2021 on a number of steel items in order to provide relief to MSMEs which have been …

JSTL targets to commission 5mntpa capacity at Dolvi by Q1FY22 which, coupled with recent cost-saving initiatives, should support growth into FY22F. JSTL’s Q3FY21 results are ahead of our estimates and …

Here are some of the most interesting research papers to have appeared in top science journals last week (Subscribe to Science For All, our weekly newsletter, where we aim to …

Manipulation by sand mafia further pushing up sft. cost, allege stakeholders An abnormal hike in the prices of cement and steel is not only causing undue burden on middle-class homebuyers …

National Commodity and Derivatives Exchange will relaunch the Steel Futures contract on Monday. Initially, three contracts expiring in February to April will be available for trading. Ncdex has re-entered the …

Steel prices are set to go up further, despite the deep concern raised by the user industry and Nitin Gadkari, Minister for micro, small and medium enterprises and highways, who …

Market participants will keep tabs on corporate earnings, COVID-19 vaccine rollout, foreign fund inflow, macroeconomic data and other global cues. Nifty futures were trading 19.50 points or 0.13 per cent …

India and Japan have devised a mechanism for cooperation in the steel industry at the joint secretary level and will see both sides discussing a number of issues in the …