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STEEL DEMAND IN INDIA
Steel prices at 4-year high; trend to continue in H2: ReportDomestic steel prices have reached a four-year high, driven by costlier raw materials. Hot rolled and cold rolled coil prices have signific...- August core sector growth hits 3-month low as energy sectors lose steamIndia's core sector output growth slowed to 4.8 percent in August. This easing was due to contractions in energy sectors and an unfavorable...
- India can do without US steel exports, says Naveen Jindal; flags domestic demand as key growth driverNaveen Jindal, chairman of Jindal Steel, said India can sustain its steel industry without depending on exports to the US, as domestic dema...
- Manufacturing a bright spot; services presents a mixed bag: Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank"Despite the ongoing debate around the new GDP series, real GDP growth remained robust at 7.8% in the first quarter, highlighting the econo...
- Domestic steel prices likely to stay firm as demand recovery, supply constraints support market: ReportDomestic steel prices are expected to remain firm this September. Post-monsoon construction activity is gradually recovering, supporting de...
- NMDC looks to hit 60 MT iron ore production mark this fiscal: ChairmanNMDC targets sixty million tonnes iron ore production this fiscal year. The company plans to reach one hundred million tonnes by twenty thi...
- Maruti Suzuki launches Auto Green Mission with automatic S-CNG Swift, Dzire and BalenoMaruti Suzuki introduced automatic S-CNG versions of Swift, Dzire, and Baleno. These new models offer automatic driving convenience and sup...
- Jindal Supreme IPO gets bumper subscription at 181 times on final day; GMP at 27%Jindal Supreme IPO: The Jindal Supreme IPO saw overwhelming investor interest, closing oversubscribed 181 times. Retail and Non-Institution...
- Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picksMotilal Oswal expects firm steel prices, lean inventories and resilient demand to support a shift toward pricing- and cost-led earnings gro...
- India’s mining, metals sector needs technology shift to strengthen supply chains: ReportIndia's mining and metals sector needs technology adoption for future competitiveness. Resource efficiency and supply chain resilience are ...
- Jindal Supreme IPO Day 2: Issue subscribed over 31 times, GMP at 27% — Should you subscribe?The Jindal Supreme IPO has attracted strong Day 2 demand, with overall subscription reaching 31 times. Its GMP stands at Rs 25, suggesting ...
- Tariffs, supply risks push Indian auto parts makers to build beyond ChinaIndian auto parts makers are expanding global manufacturing and engineering capabilities. This shift addresses automakers' needs for divers...
- Inside Tata's empire as N. Chandrasekaran secures another five-year termTata Sons reappointed N. Chandrasekaran as chairman for another five years. The conglomerate's aviation business includes Air India and Air...
- India's power-sector emissions flat for 2 years due to clean-energy surge: AnalysisBetween early 2024 and mid-2026, India's power sector maintained consistent emissions levels while clean energy sources effectively managed...
- NITI seeks easier access to geological data, capital for small exploration companiesNiti Aayog recommends government support for junior exploration firms and increased private participation. Streamlining approvals and fores...
- Indian steel industry creating new opportunities for ferro-alloy sector: IFAPAAs India's steel sector expands, local ferro-alloys producers find exciting prospects ahead. The industry emphasizes the need for secure ac...
- Take steps to accelerate discovery of new mineral resources, says NITI AayogNITI Aayog suggests improving access to geological data and capital for exploration companies. Streamlining approvals and procedures will h...
- Jindal Supreme IPO Day 1: Issue subscribed over 200% in early bids, GMP at 29%. Should you subscribe?Jindal Supreme IPO opened on September 16 with the issue subscribed 2.10 times on Day 1. The Rs 124.88 crore issue has a price band of Rs 8...
- Goods exports up 26% in August, trade deficit eases: Engineering, petroleum products, chemicals and textiles lead shipments; US remains top marketIndia’s goods exports surged in August, driven by robust global demand, while the trade deficit narrowed to a five-month low as imports dec...
- India's met coke imports set for record despite anti-dumping levyIndia's met coke imports are set to reach a record high this year. Domestic shortages and strong pig iron demand fuel higher overseas purch...
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