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IRON ORE EXPANSION
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 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...
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...
India begins to China-proof its infra push after the TBM shockIndia is accelerating efforts to localise mining and construction equipment manufacturing after Chinese export delays disrupted supplies of...
Caliber Mining & Logistics IPO subscribed 147x; GMP signals 22% listing gainCaliber Mining & Logistics' Rs 450-crore IPO saw overwhelming investor demand, closing at 147 times subscription. Retail investors showed s...
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...
India's core sector output grows 5% in June under new base year series, hits 5-month highJune 2026 marked a notable five percent growth in India's core industries index, with iron ore production soaring to forty-three point nine...
India gets its first hydrogen train, but bigger story lies elsewhereIndia's first hydrogen-powered train, launched on the Jind-Sonipat route in Haryana, is less about transforming rail transport and more abo...
L&T bags orders worth Rs 10,000–Rs 15,000 cr in metals and minerals businessLarsen & Toubro's Metals & Minerals business secured multiple mega orders. These contracts are from leading domestic public and private sec...
Caliber Mining & Logistics IPO Day 2: Issue gets 7.5x subscription so far; GMP points to 27% listing upsideCaliber Mining & Logistics' Rs 450-crore IPO is seeing robust investor interest on its second day. The company's initial public offering is...
Container traffic to drive growth at Indian ports up to 9% CAGR through FY28: Motilal OswalContainer traffic is expected to drive Indian port growth through FY28. Coal traffic will likely decline due to domestic production and ren...
Caliber Mining & Logistics IPO Day 1: Issue subscribed 61% so far; GMP signals 25% listing gainCaliber Mining & Logistics' Rs 450-crore IPO rush was driven by strong retail and non-institutional investor demand. The issue is also attr...
SAIL's Bokaro plant to get 8.3 MT iron ore via slurry pipeline; Rs15K cr expansion underwayBokaro Steel Plant will receive iron ore annually through a new slurry pipeline. This modern system will eliminate dependence on railway ra...
Vedanta Oil & Gas, Vedanta Iron & Steel, Vedanta Power shares crash up to 8% post Q1 updates; Vedanta Aluminium risesShares of Vedanta's recently demerged entities traded mixed after their Q1 business updates. Vedanta Oil & Gas, Vedanta Iron & Steel and Ve...
Tata Steel aims to spend Rs 20,000 cr in FY27 on expansion, adoption of technologiesTata Steel plans a capital expenditure of Rs 20,000 crore this fiscal year, with 60% earmarked for its Indian operations. This investment w...
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...
Technology to be central to Hindustan Zinc's next phase of growth: ChairpersonHindustan Zinc is pivoting towards becoming a future-ready energy transition company, Chairperson Priya Agarwal Hebbar announced. The firm ...
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 Iron and Steel aims to become major resource-backed integrated steel platformVedanta Iron And Steel Ltd, newly listed, plans to be a leading integrated steel producer. The company will leverage its vast iron ore rese...
World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond ChinaGlobal mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urbanisation and infrastructure project...