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PRIMARY STEEL MAKERS
Primary steel makers may maintain Rs 11K per tn operating profitability in FY27 despite cost pressurePrimary steel producers expect steady operating profitability this fiscal year. Higher global steel prices and safeguard duties will suppor...- Housing finance stocks: Is the worst of perception over? Time for a relook? 11 HFC stocks with upside potential from a low 6% to 30%As a sector, housing finance has borne the brunt of regulatory changes and various scams at different points of time. It is a sector that h...
- India Inc's revenue growth to hit 2-year high of 11-11.5% in Q1 despite Iran war: CrisilIndia Inc's revenue is estimated to have grown 11-11.5% year-on-year in Q1FY27, marking the fastest pace in eight quarters, according to Cr...
- IPO Calendar: Mainboard IPO of Kusumgar among 3 new public offers on investors' radar next weekKusumgar's ₹650 crore IPO will open on July 8 with a 33% grey market premium. The engineered fabrics maker, serving defence and aerospace s...
- Workplace as strategy: Steelcase driving performance beyond designThe Indian workplace is transforming, with companies like Steelcase shifting from furniture suppliers to partners in workplace evolution. R...
- Sebi approves IPOs of Bombay Coated, Bonfiglioli Transmissions and Swaraj Green PowerSebi has approved IPO proposals of Bombay Coated and Special Steels, Bonfiglioli Transmissions and Swaraj Green Power and Fuel. The approva...
- Steel giants step on capex pedalJSW, Tata, SAIL, JSPL are set to hike capex up to 65%; spending surge defies West Asia cost pressures.
- Enforcement of new mining cess may increase cost pressure for steel makers: IcraFollowing the Supreme Court's ruling, states may impose a mining cess, potentially raising costs in the domestic steel industry. This chang...
- Pricey ore, tepid local demand, Chinese imports weigh on steelmakers' marginsThis is the third time in the past decade that local producers are confronting such a situation. "The government has in the past imposed du...
- Steel ministry to facilitate JV talks between foreign, local manufacturersThe National Steel Policy 2017 envisages creation of 300 MT of steel capacity in the country by 2030-31at an investment of up to $128 b
- Rise in sales volume of leading steel makersHealthy demand for the metal indicates a sharp turnaround in the economic activity which had slowed down considerably in the second half of...
- Tata, JSW and Essar Steel in fray to acquire Shree PrecoatedTata Steel, JSW Steel, Essar Steel and Uttam Galva Steels are in the fray to acquire a majority stake in Ajmera Group's Shree Precoated Ste...
- Steel producers to give discounts instead of slashing pricesDomestic steel producers are looking at giving discounts of up to Rs 1,500/tonne on certain steel products to selected customers instead of...
- Steel companies likely to roll out more price painAutomobile makers and construction firms could face another round of cost push from next month.
- 'Only in India have steel prices dipped recently'Steel secretary R S Pandeywas given the United Nations Public Services Award in New York in the last week of June.
- Steel cos rollout higher prices for exportsThe price cuts announced by steel players to help the government contain inflation may be a big eyewash.
- Export duty on HRC to add to steelmakers' margin pressureSteel producers, including JSW, Essar and Ispat are expecting further pressure on margins in the current quarter, owing to a 15% export dut...
- Secondary steel makers cut prices on lower dutySecondary steel producers, including Delhi-based Bhushan Steel and Mumbai-based Uttam Galva, have decided to cut down the prices of cold-ro...
- Sponge iron manufacturers to enhance capacityThe government on Thursday asked sponge iron manufacturers to be more competitive and contribute to the growth of the steel sector by enhan...
- Slow but sure: Govt's cutting size, begins with devp commissionerDownsizing of the government, one of the key components as well as a crucial facilitator of economic reforms, is taking place, albeit at a ...
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