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HRC STEEL
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...- Tata Steel shares jump 2% to fresh record high: What's driving the gains?Tata Steel shares surged to a new record high on Tuesday. This rise followed the Odisha High Court's decision to quash state government dem...
- Are metals turning defensive? 5-year returns rival, even beat traditional safe havensMetal stocks are outperforming defensive sectors, delivering strong returns driven by structural demand shifts and supply constraints. Fact...
- Steel to stay costly through 2026, India to lead demand rebound in 2027: ReportGlobal steel demand will stay weak, growing just 0.3% in 2026, with China dragging growth while India emerges as a strong outlier. Despite ...
- India to outpace major steel-consuming economies with 8-9% demand growth in 2025: CRISILIndia's steel demand is projected to grow by 8-9 percent in 2025. This growth is driven by increased steel-intensive construction in housin...
- September price hike of Chinese steel will provide relief for Indian manufacturers: ReportChinese hot-rolled coil (HRC) steel prices have risen, shifting Indian domestic HRC prices from a premium to a discount. This may provide r...
- Moderately valued’ metal stocks shine on boursesOn Monday, metal stocks rose, driven by moderate valuations and an anti-dumping investigation on Vietnamese hot-rolled coil imports. The Ni...
- Amidst crippling western sanctions, Russian steel finds its way to Indian shoresSteel from Russia has landed on Indian shores, according to people aware of the development, much to the chagrin of domestic steelmakers, a...
- Steel becomes costlier; companies hike rates by up to Rs 4,900/tonne in IndiaHRC and CRC are flat steel used in industries such as auto, appliances and construction. Hence, any rise in steel prices impacts the prices...
- Indian steel exports to see a jump as China withdraws export rebates: ICRA“Given the strong demand, export rebate cuts, the Chinese Government’s intent to keep steel capacities under check…China may not have exces...
- Extending minimum import price for flat steel too little, too late: ICRAOn expiry of the six months validity of the minimum import price levied on steel imports, government extended the MIP further by a period o...
- India Ratings downgrades Uttam Galva Steels to defaultIndia Ratings downgraded Uttam Galva Steels to default, citing ongoing delays in debt servicing since February this year due to liquidity s...
- Steel imports to dip in FY17; prices to rise Rs 3,400/tn: ICRAIndian steel imports will go down substantially in FY17 on the back of imposition of minimum import price while domestic steel prices are l...
- Safeguard duty may provide temporary relief to steel sectorThe proposed duty of 20 per cent would be applicable on import of hot-rolled flat products of non-alloy and other alloy steel with a width ...
- China’s steel prices up 20% on output cuts, festive demandThanks to a spate of production cuts, prices of steel products, such the benchmark hot-rolled coils, in the key Chinese market have shot up...
- HRC sales may bypass trader channelsIn yet another exercise to control steel prices, the government may ask primary steelmakers such as SAIL, Tata Steel, JSW Steel etc. to sel...
- Export duty gives a leg-up to local steel outputSteelmakers have decided to cut down exports significantly in the wake of 15% export duty imposed on hot-rolled coils (HRCs).
- 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...
- Export levy grip on steel may loosenThe government is considering to exempt cold rolled coils (CRC), galvanised products and tubes & pipes from the levy of 10% export duty if ...
- Essar Steel may shelve $1.9 bn plant in IndonesiaEssar Steel may shelve plans to construct a 1.9 billion dollar plant in Indonesia following an adverse ruling by the country's anti-dumping...
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