India extends anti-dumping duty on select chemicals, metal goods; imposes on oneIndia has extended anti-dumping duties on four products, including chemicals and steel goods. New duties were imposed on metallurgical coke...
Jindal Steel to spend less, focus on utilising capacity: MD VR SharmaJindal Steel will not take on debt for capacity expansion, focusing instead on optimizing operations. The company plans to invest in value-...
Value addition key for Tata Steel as prices fall and costs increaseTata Steel saw strong revenue growth in the June quarter, driven by higher realisations. However, global steel prices are softening, and co...
Two Trades for Today: A top steel maker for a 5.25% gain, a mid-cap financial holding firm’s stock for a rise of almost 7%Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical cal...
Tata Steel UK expects electricity access for EAF project by 2029: CEO NarendranTata Steel UK's new electric arc furnace project is on track for completion by 2028. The company anticipates securing electricity access fo...
Tata Steel can unlock a lot of value with less capital downstream: CEO & MD T V NarendranTata Steel executives emphasize value-added products over mere production capacity. Changing market dynamics necessitate a focus on downstr...
Moody upgrades JSW Steel to global investment grade Baa3“This rating is a recognition of the strength and resilience of JSW Steel’s business - our scale as India’s largest steel producer, our cos...
Global Market: China's factory activity contracts unexpectedly in July; metal, commodity stocks may stay under pressureChina's manufacturing activity unexpectedly slipped into contraction during July. The official manufacturing Purchasing Managers' Index fel...
Buy, Sell or Hold: Elara Capital downgrades Swiggy; Morgan Stanley remains overweight on M&MTop brokerages issued fresh stock views following mixed Q1 FY27 earnings. Elara Capital downgraded Swiggy to Accumulate with a target of Rs...
Tata Steel Q1 net profit beats estimates; approves Rs 33,873 crore capexTata Steel's consolidated net profit increased nearly twelve percent year-on-year. This growth was primarily driven by a robust performance...
Tata Steel Q1 net up 12% on India performanceTata Steel's net profit rose nearly twelve percent year-on-year for the June quarter. The company announced a substantial capital expenditu...
Tata Steel Q1 Results: Profit rises 15% to Rs 2,318 crore, revenue climbs 14%Tata Steel reported a 15% year-on-year rise in Q1 consolidated net profit to Rs 2,318 crore, driven by higher revenue and stronger operatin...
SAIL exceeds Q1 capex target from Rs 2,306 cr to Rs 2,575 crSteel Authority of India exceeded its capital expenditure target for the first quarter. The company chairman highlighted contained borrowin...
Vedanta Iron and Steel reports Rs 122 crore net profit in Q1Vedanta Iron and Steel Ltd posted a Rs 122 crore net profit for the June quarter. This marks a significant turnaround from the Rs 142 crore...
Steel utensils, cookers, non-stick cookware all costlier in June as metal prices climb; firm trend seen till Q3The price of kitchen utensils saw a notable uptick in June, driven by escalating global metal costs. Specifically, inflation for stainless ...
SAIL, Krakatau Steel plan $350 million investment in stainless steel plantIndia's Steel Authority of India and Indonesia's Krakatau Steel will invest $350 million. A new stainless steel slab plant in Indonesia wil...
Odisha tightens iron ore grade checks after alleged royalty underreporting: ReportOdisha, India's largest iron ore-producing state, has stepped up quality-control inspections after authorities found instances of miners al...