Steel consumption grows 7-8 pc in FY26 on strong demand from infra, manufacturing sectorsIndia's finished steel consumption grew 7-8% to 164 million tonnes in FY26, driven by infrastructure and manufacturing. Crude steel output ...
Green steel demand to reach 4.49 MnT in 2030 driven by construction, infra sectors: EY-ParthenonIndia's green steel demand is set for substantial growth. A new report forecasts demand to hit 4.49 MnT by 2030. Construction, infrastructu...
Tata Steel to begin construction work of UK's low-carbon project this monthTata Steel is set to commence its low-carbon steel project in the UK this month. The project, valued at 1.5 billion pounds, includes 500 mi...
NMDC posts record 15% rise in iron ore production in April; sales grow 3%NMDC saw a 15% increase in iron ore production in April. Sales also grew by 3%. Kirandul, Bacheli, and Donimalai mines showed strong perfor...
NMDC posts record 15 pc rise in iron ore production in April; sales grow 3 pcNMDC saw a 15% increase in iron ore production in April. Sales also rose by 3% compared to last year. NMDC produced 4 million tonnes of iro...
Hard-hit by rising imports, steel sector eyeing policy initiatives to safeguard its interests in 2025India's steel industry faces challenges from rising imports and fluctuating raw material prices in 2025. Efforts to achieve a 300 MnT capac...
Govt considering proposal to impose safeguard duty on steel importsThe Indian government is considering a 25% safeguard duty on steel imports to address concerns raised by domestic producers about rising im...
Govt working to address issues related to steel imports: Minister KumaraswamyThe Indian government is taking action on concerns about steel imports. The steel industry is worried about low-quality imports, especially...
NMDC's iron ore output falls 37% in May; sales down 22 pcIndia's largest iron ore miner, NMDC, reported a 37% decrease in production in May 2024, with monthly sales declining by 22%. The company's...
India remains net importer of finished steel in FY24; inbound shipment grows 38 pc to 8.32 MnTThe data comes at a time steel makers have been raising concern over increasing imports from certain countries including China and seeking ...
Will sugar price rise have a rub-off effect on share prices?Due to unseasonal rains and on account of lower yields and recovery rates across states, particularly Maharashtra and Karnataka, the sugar ...
India’s 10mnt ceiling on sugar unlikely to impact exports: India RatingsIndia has emerged as a leading exporter of sugar in the past few years, accounting for over 10% of the global trade of 55-65mnt.
Sugar sector growth likely to improve in Q4FY21, says Indian Ratings and ResearchBesides, Ind-Ra expects India's sugar production to increase 10 per cent YoY to around 30 million tonne (mnt) in sugar season 2020-21 (SS21...
Sugar firms' margins to benefit from higher realisations: Ind-RaMedian interest coverage of major sector remained comfortable at 2.6x, although it fell YoY from 3.2x in 1QFY19.
Buy JK Cement, target Rs 1,220: Reliance SecuritiesJK Cement is a midcap company, operating in cement sector.
JP Associates retreates from day’s high; Deutsche Bank cuts target priceFor Delhi-based Jaypee Group, the deal is part of an ongoing exercise to reduce debt, which stood at Rs 65,000 crore as on March 31, 2014.
Brokerages raise UltraTech’s target price post Jaypee dealUltraTech has signed a MoU to buy two cement plants of Jaiprakash, a deal that will help consolidate its position as India's biggest cement...