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India Inc. is profitable. So why isn’t it investing?Indian companies are making record profits, but they are not investing in new factories or infrastructure. This is creating fewer jobs and ...
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...
Indian steelmakers grapple with resurgence of cheap Chinese importsChinese steel exports to India surged in April, reaching a two-year peak. This influx of cheaper steel, including hot-rolled coils and stai...
UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
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...
Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headacheIn the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia ...
Coal gasification can raise India's resource security amid decarbonisation uncertainties: ReportWhile coal gasification presents uncertain decarbonisation outcomes, it can play a crucial role in strengthening the country's raw material...
JSW Steel posts 13-fold rise in profit for March quarter; to double capacity in 6 yearsJSW Steel reported a nearly 13-fold surge in Q4 profit driven by an exceptional gain and record volumes. The company plans aggressive expan...
JSW Steel posts two-fold rise in Q4 profit as steel prices recoverJSW Steel has announced a significant profit increase. The company's profit before tax more than doubled in the quarter ending March 31. Th...
New steel policy in works as India shifts focus to premium and green steelIndia is developing an innovative steel policy aimed at redefining the industry landscape by 2035 and 2047. This initiative will establish ...
US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summitU.S. industry groups and bipartisan lawmakers are urging President Trump not to allow Chinese auto investments, citing concerns over market...
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...
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...
China, India place strategic bets on clean energy out of favour in the WestChina and India are aggressively pursuing green hydrogen, investing billions to build massive production capacity. While China focuses on s...
Global Markets | S.Korean shares log highest close since Feb on hopes of US-Iran talksSouth Korean shares climbed to their highest close since February as optimism over renewed US-Iran talks boosted global risk sentiment and ...
Mesabi Metallics secures $150 million from Macquarie for Minnesota iron ore projectMesabi Metallics, a proud member of the Essar Group, has successfully garnered USD 150 million in funding from Macquarie Group. This invest...
Trump to reduce steel, aluminum tariff rates for derivative products, sources sayThe Trump administration is set to change its steel and aluminum tariff rules. Commodity steel and aluminum imports will face a 50% tariff....
Steelmakers flex pricing power as imports declineEarlier this week, local mills raised prices of hot-rolled coils by ₹1,500-2,000 per tonne, following a similar hike that was taken last mo...
Amidst crippling western sanctions, Russian steel finds its way to Indian shoresSteel from Russia has landed on Indian shores, according to people aware of the development, much to the chagrin of domestic steelmakers, a...
Domestic steelmakers rely on exports as local demand slumpsThe likes of Tata Steel and Jindal Steel & Power are exporting 80-90% of their production, while JSW Steel is looking at shipping out somew...