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COLD ROLLING CAPACITY
Jindal Stainless investing Rs 900 crore to increase cold rolling capacity to 2.67 MT by FY28: MDJindal Stainless plans a Rs 900 crore investment to expand its cold rolling capacity. This expansion will support rising demand from key in...- 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...
- Have metal stocks’ dependence moved from Chinese apartments to world's power grid? 5 metal stocks with upside potential of up to 34%Weak Chinese growth has traditionally been a warning signal for metal stocks. Yet, the latest disappointing data from China has caused only...
- Europe can’t just air-condition its way out of the heatwave meltdownEurope's infrastructure, built for cold, is struggling with record heatwaves. From buckling train tracks and melting roads to hospitals can...
- Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of EconomicsAny moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationali...
- Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRIA potential anti-dumping duty on crucial cold-rolled grain-oriented electrical steel (CRGO) imports could significantly hike transformer ma...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%As the market seems to be in comeback mode, it helps to be aware that the best (and probably biggest) wealth creator of the last couple of ...
- Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
- Jindal Stainless Hisar debuts on bourses, to invest Rs 150 croreJSHL is the largest producer of stainless steel in the country with an annual capacity of 8 lakh million tonne per annum.
- RSP registers best ever April-December performanceRourkela Steel Plant (RSP) completed the first three quarters of the current fiscal on an optimistic note by maintaining steady growth with...
- Bhushan Power to invest Rs 2k-cr in steel plantThe Rs 5,000-crore Sanjay Singal-promoted Bhushan Power and Steel (BPSL) plans to invest Rs 2,000 crore to set up an automotive grade steel...
- BSPL eyes Guj, Mah for its cold rolling mill unit, to invest Rs 1,000 crBhushan Power and Steel Limited (BPSL) plans to set up a three-lakh tonne capacity cold rolling mill complex in the Western region of the c...
- Tata Steel enters into JV with Nippon Steel CorpTata Steel's board on Thursday approved a framework for a Joint Venture between Tata Steel Limited and Nippon Steel Corporation for the pro...
- Uttam Galva to invest Rs 400 cr for capacity additionMumbai-based steel maker Uttam Galva plans to invest Rs 400 crore in enhancing capacity of its service centre and adding new product mix ov...
- Bhushan Steel to invest Rs 8,800 cr for steelSteel manufacturer Bhushan Steel Ltd (BSL) has lined up an outlay of Rs 8,800 crore to set up an integrated steel plant, a 1,000 MW captive...
- It’s a win-win deal all the way for EssarThe Canadian plant will add significantly to the cold rolling capacities of the group. Algoma supplies nearly 15% of the total Canadian ste...
- Uttam Galva ties up with UK partner for Ghana JVUttam Galva Steels (UGSL), one of the leading galvanised steel producers in India, will invest up to Rs 450 crore.
- Uttam Galva to expand cold rolling capacityUttam Galva Steels, is tripling its auto grade cold rolled capacity to 1,80,000 tonne, to meet growing demand for high grade steel products...
- SAIL gives nod to expansion plan of Salem SteelThe Board of Directors of the Steel Authority of India (SAIL) has approved a proposal for expansion of the Salem Steel Plant in Tamil Nadu ...
- JSL eyes cold rolling mills in Europe, SE AsiaJindal Stainless (JSL), part of the $3bn OP Jindal group, is in talks to acquire two cold rolling ventures - one in Southeast Asia and one ...
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