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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...
Tata Steel to invest Rs 10,000 crore in Jharkhand projects by 2028, creating 2,000 jobsTata Steel plans a significant Rs 10,000 crore investment in Jharkhand projects by 2028. This expansion aims to boost steelmaking capacity ...
Middle East peace, reconstruction can help stabilise steel market: JSW Steel JMD Jayant AcharyaJSW Steel Joint Managing DirectorJayant Acharyasaid global reconstruction efforts, particularly in theMiddle East, Ukraine and Palestine, a...
Govt sees good response to pre-application conference for Rs 37,500-cr coal gasification schemeThe government on Monday held a pre-application conference for its ₹37,500 crore scheme to promote surface coal gasification projects, draw...
Rising fuel costs likely to weigh on cement makers' Q1 earningsRising fuel and freight costs are impacting cement producers' profitability. Demand saw a seven to eight percent increase due to dry monsoo...
Monsoon tests India's steelmakers as prices head in opposite directions: ReportDomestic steel prices are expected to remain mixed in the coming months. Long steel prices will likely stay under pressure due to monsoon d...
AI, Iran war risks weigh on Indian IT firms’ earnings outlookIndian IT companies like HCL Technologies and Wipro are reporting earnings amid AI concerns. Macroeconomic uncertainty and Middle East conf...
Vedanta Power, Iron & Steel and Oil & Gas shares crash up to 8%. What’s triggering the selloff?Vedanta shares saw profit-taking after a strong rally in newly demerged entities, with most segments falling up to 8% over 14 sessions. Ved...
Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?Vedanta’s newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slip...
Vedanta Power, Aluminium, Oil & Gas and Iron shares soar up to 5%. Which stock looks best placed?Shares of Vedanta’s newly demerged entities rallied up to 5% for a second session, driven by strong investor interest and brokerage optimis...
India, US to hold ministerial-level talks on bilateral trade pact this weekIn a significant development, India and the US are set to conclude the first phase of their trade agreement this week. Commerce Minister Pi...
India's clean energy transition needs cleaner industrial supply chainsIndia's clean energy ambitions depend not just on renewable capacity but also on decarbonising industries. Cleaner supply chains, green man...
India's steel capacity utilisation to stay above 90% on strong demand: KotakIndia's steel sector is booming, with demand showing impressive growth and factories running at high capacity. While steel prices have dipp...
Missed Vedanta's buy 1 get 4 offer? Which spun-off stock to buy after listing todayVedanta’s four demerged entities debuted on exchanges, with brokerages highlighting aluminium as the most attractive segment. Analysts cite...
Coal India unit BCCL greenlights measures to ease diesel price stress on contractorsBharat Coking Coal Ltd, a unit of Coal India, has approved interim measures. These steps aim to ease financial strain on contractors. The s...
China mine blast tests limits of Xi's energy pushA devastating mine blast in Shanxi, China, has claimed over 80 lives. This tragedy is now prompting a nationwide safety review. The inciden...
Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headacheIn the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia ...
Include coking coal in the list of critical minerals: NITI Aayog reportNITI Aayog recommends adding coking coal to the critical minerals list. This move aims to boost domestic production and secure coking coal ...
Steel industry seeks government intervention to check coking coal priceAt the current price range, the industry expert said, the cost of coking coal alone in steel making is around Rs 28,000 to Rs 30,000 per to...
Increased coke prices to hurt steel makers: FitchPrices rallied following China's decision to limit coal mines' operating days to 276 a year, from 330 to restructure the sector and improve...