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DOMESTIC STEEL MILLS
Iran war puts Bangladesh’s nascent industrial dreams at riskBangladesh's economic growth is threatened by an energy shortage, leaving new industrial facilities idle. The country faces painful impacts...
Textile sector: Time for a relook as tariff tantrum may soon be history? 5 textile stocks with upside potential of up to 27%The Indian textile and apparel sector has had a stressful year. The US tariffs disrupted orders to the sector’s largest market, squeezed ma...
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's steel ministry flags met coke shortage, seeks withdrawal of anti-dumping dutyIndia's Steel Ministry wants finance ministry to remove import duties on met coke. Domestic supplies are low and prices are high. Steel man...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...
ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
Iran's economy has been battered. Its leaders still think Trump will blink firstIran's economy faces severe disruption from U.S. and Israeli strikes. Factories are shut, leading to mass job losses and soaring prices for...
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...
India tightens steel procurement to favour domestic millsIndia has tightened steel procurement rules to prioritize domestic manufacturing. The new policy mandates government bodies to favor locall...
Global uncertainty may cloud steel outlook: Aditya WelekarSteel industry shares reflect anticipated price hikes and valuation improvements due to the imposition of a 12% safeguard duty, which may l...
Indian steel mills seek iron ore export ban as China sales jumpSmaller steelmakers in India seek a ban on iron ore exports after a 170% surge in sales to Chinese mills inflated local prices. Fearing ind...
Steel trade dips on expectations of price cutsActivity in the steel trade market in India has slowed significantly as buyers hold back from stocking up on materials on expectations of p...
Receding competition from imports to help steelmakers retain pricing powerUntil recently, imported steel was available at a significant discount to locally produced steel as suppliers from countries like Japan, Ch...
Steel prices in India to remain under pressure over near future: IcraDomestic steel mills face a tough time ahead as the external environment is becoming more and more challenging in key global consumption ma...
Steel mills may be forced to take maintenance shutdowns as demand dips sharply following export duty levyThe export duty, imposed to check rising inflation in the country, has resulted in volatile steel prices in the domestic market. Now, trade...
Steelmakers are witnessing early signs of recovery from Q2 FY21: Icra“The performance of steel mills, especially blast furnace players, is expected to register a healthy rebound in Q2, supported by rising cap...
Spurt in global steel prices to boost export earnings of Indian firmsBenchmark prices of Chinese hot rolled coil (HRC) export offers rallied by over 30% between June and August 2017
- Iron ore prices to remain subdued on low Chinese demand
Iron ore prices in the international markets are likely to remain subdued in the next three months on the back of slowing Chinese demand, e...
- Essar becomes first Indian co to supply plates for warships
Essar Steel today said it has become the first Indian producer of steel plates approved by the government for supply to the Indian Navy for...
- NMDC for new pricing policy, appoints consultant
State-run NMDC has begun the process to review the pricing policy for iron-ore supply and has appointed a consultant to look into it.