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SECONDARY STEEL PRODUCERS
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 27%, according to analystsWe are in a phase in the US-Israel-Iran war where statements are made, then retracted. And, in a matter of just 48 hours, they are made all...
Time to think of the repair cycle? 8 engineering stocks from India’s capital goods ecosystem with upside potential of up to 26%At a time when the markets are focused on war, crude oil, inflation, and supply disruption, it is easy to miss a quieter shift. India’s eng...
India steel sector grows in April, crude output up 5.8%, consumption up 8.1%India's steel sector showed strong growth in April 2026. Production and consumption of steel increased significantly. This performance refl...
Energy security should drive adoption of renewables now: Hero Future Energies chief Rahul MunjalRahul Munjal of Hero Future Energies said India must shift its renewable energy narrative from climate goals to energy security amid oil su...
Monolithisch's promoter Prabhat Tekriwal mints 3,390% returns as SME stock delivers 243% over IPO priceMonolithisch India promoter Prabhat Tekriwal has seen his pre-IPO stake surge by 3,390% to Rs 100 crore. The SME company, a remixed high-qu...
Government to greenlight incentives to drive green steel outputThe Indian government is preparing a national mission with a proposed outlay of ₹5,000 crore to promote sustainable steel production, targe...
GST reforms will mitigate US tariff impact on Indian economy, says secondary steel industry bodyYogesh Mandhani, president of AIIFA, stated that GST reforms have lessened the impact of US tariffs on India's economy and advocated for mi...
GST reforms will mitigate the US tariff impact on the Indian EconomyYogesh Mandhani, President of AIIFA, stated that GST reforms have lessened the impact of US tariffs on India's economy and advocated for mi...
Steel safeguard duty to hike infra costs, hurt MSMEsThe steel safeguard duty is set to increase infrastructure costs. Construction projects may become more expensive. Micro, small, and medium...
Need to develop right ecosystem for secondary steel sector: Steel Minister"The Minister also advised steel players to take more interest in developing niche steel products so that the country's needs can be met in...
Government extends duty exemption on steel scrap"Customs duty exemption given to steel scrap last year is (being) extended for another year to provide relief to MSME secondary steel produ...
India's secondary steelmakers are facing troubles in procurement of iron oreDue to the supply shortage, iron ore prices have shot up around 35% since April. This is because of low production and no dispatch by the m...
Steel ministry creates level playing field for steel manufacturersThe move is aimed at providing a level playing field to steel manufacturers, both in the small and medium sector and large players.
Steel Ministry mulls award to promote innovation in secondary steel sectorThe ministry wants to bring domestic secondary players at par with the primary steel players
India hopeful to occupy 2nd slot in global crude steel output: Steel MinistryGrowing in conjunction with the primary steel sector, the secondary steel sector holds enormous potential for growth and opportunities in t...
Steel makers should be more competitive: FM Arun JaitleyUnion finance minister Arun Jaitley has urged Indian steel producers to overcome ‘transient challenges’ by strengthening their own competit...
- Inventory losses bleed secondary steel producers
Secondary steel producers gained from an upward revision in the valuation of inventory for the past 7-8 quarters, but the trend was reverse...
- Steelmakers for passing on benefits of price cut to consumers
Leading steel producers have told the government that ensuring price discipline by secondary producers is a difficult exercise.
- Export duty likely to hit secondary steel makers
Secondary steel producers have said that they would be hit hard if the government’s proposal to impose 10% export duty on cold rolled (CR) ...
- Fresh increase in steel prices a big blow to industry
The fresh increase in steel prices by secondary steel producers will prove a big blow to the hand tool, auto parts and cycle parts industry...