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INDIA STAINLESS STEEL MARKET
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 ...- CCI avoiding suo motu probes to prevent conflict of interestThe Competition Commission of India avoids initiating suo motu cases due to potential conflicts. This regulator now exercises restraint in ...
- SpaceX launches Starship on another test flight, this time with the most advanced StarlinksElon Musk's SpaceX had replaced six of the 33 engines on the first-stage booster after they failed to ignite last week, resulting in a last...
- Welspun Corp Q1 Results: Profit nearly triples to Rs 1,048 croreIt had reported a net profit of Rs 349.16 crore in the same period a year ago, the company said in an exchange filing.
- Looking to upgrade your kitchen? Try these 6 UK-inspired worktop ideasYour worktop takes more daily punishment than almost any other surface in the home. The UK has spent years refining what actually works, an...
- Shyam Metalics plans to double revenue by 2031 on the back of Rs 10,000-cr capexShyam Metalics and Energy anticipates improved margins and earnings by shifting to direct customer sales. The company plans significant inv...
- Competition regulator dismisses case against Jindal Stainless over deals with Indonesian suppliersThe Competition Commission of India dismissed a case against Jindal Stainless. No evidence showed procurement arrangements violated antitru...
- India's steel ambitions face a coal reality checkIndia faces challenges securing metallurgical coal for its expanding steel sector. Australia's declining exports create a significant suppl...
- Indian steelmakers pivot home as Europe tightens imports, China squeezes marginsIndian steelmakers are shifting focus to domestic markets amid tighter European import rules. Exports to the EU and Britain are expected to...
- 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...
- Shyam Steel to invest Rs 15,000 crore in West Bengal expansionShyam Steel Group will invest Rs 15,000 crores in West Bengal's expansion projects. This initiative will create over 20,000 direct and indi...
- Jindal Stainless supplies 40% stainless steel for India's first hydrogen-powered trainJindal Stainless on Friday said it supplied about 40% of the stainless steel used in India's first hydrogen-powered train, flagged off by P...
- India, UK trade pact to enhance exports competitiveness, slash trade costs: ExpertsThe India-UK free trade pact is expected to reduce trade costs significantly. Domestic goods will gain enhanced competitiveness in the Brit...
- India wins big with duty-free access for 11 lakh tonnes of a key industrial metal under UK trade pactIndian exporters can now ship over eleven lakh tonnes of steel duty-free to the UK. This benefit comes into effect through a new free trade...
- 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...
- ETMarkets Management Talk | We want to grow 20% annually without taking on debt: Bansal Wire's Pranav BansalBansal Wire Industries is focusing on operational efficiency and cash generation for growth. The company targets twenty percent annual grow...
- SAIL, Indonesia's Krakatau Steel explore 1 million tonnes stainless steel projectEarlier this week, the state-run steelmaker and the Indonesian company signed a memorandum of understanding to explore setting up a joint v...
- SAIL, Indonesian firm to explore JV for stainless steel manufacturingSAIL and Indonesia's PT Krakatau Steel will explore a joint venture for stainless steel slab production. This collaboration aims to meet In...
- Jindal Stainless appoints former Adani Energy executive Kunjal Mehta as CFOJindal Stainless, India's leading stainless steel maker, has appointed Kunjal Mehta, formerly of Adani Energy Solutions, as its new Chief F...
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