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IMPACT ON INDIAN STEEL INDUSTRY
PL Capital cuts Nifty target to 26,449, lists 16 high conviction stock picksAmidst global market turmoil from the Iran-US war and El Nino, PL Capital lowered its Nifty 50 target to 26,449. The brokerage anticipates ...- From Sunil Mittal to Sridhar Vembu, Harsh Goenka on nine entrepreneurs building India as their longest, proudest projectIndustrialist Harsh Goenka lauded nine prominent Indian business leaders for their nation-building efforts. Their work spans communication,...
- Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hitMahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...
- Pvt sector reposing faith in economy, capex cycle showing signs of revival: Punjab National Bank CMD Ashok ChandraPrivate sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned...
- India counters US Section 301 probe claims of surplus capacity in textiles, steelIndia is pushing back against US allegations of excess production capacity in textiles and steel. Government officials argue that domestic ...
- United Kingdom to consider easing steel tariff plan after industry warnings, say reportsBritain is planning changes to its steel tariff rules. The government will discuss proposals to exempt more steel products. This comes afte...
- Market wrap: Sensex rises 64 points, Nifty closes below 23,250; broader markets crashIndian stock markets saw mixed trading as the Sensex eked out marginal gains while the Nifty slipped into the red. Small and midcap indices...
- India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
- JSW Steel crude steel production rises 15% to 22.93 LTJSW Steel reported a significant 15 percent jump in crude steel production for May. The company produced 22.93 lakh tonnes, a notable incre...
- India, UK talks progressing on resolving issues for trade pact implementation: OfficialIndia and the UK are making good progress on their free trade agreement. Discussions are ongoing to resolve issues like the UK's steel safe...
- Change drivers : creating industry-wide impactThis article highlights individuals driving innovation and trust in various sectors. Shiva Sankeerth Reddy Yarradla is revolutionizing ente...
- Tata Steel says UK plant's low-emission project facing delays in securing electricity accessTata Steel's significant UK project for low-carbon steel production is facing delays. The company is experiencing a setback of six to eight...
- Zinc prices at multi-year highs: What’s driving the rally and what lies ahead?Zinc prices have climbed to multi-year highs as tight global inventories, rising production costs, and supply disruptions fuel a strong ral...
- Tata Steel shares fall 3% after fire breaks out at UK’s Port Talbot plantTata Steel shares dropped nearly 3% after a fire at its Port Talbot plant in the UK forced a temporary halt to operations. While emergency ...
- Fire at Tata Steel UK’s Port Talbot plant under investigation; operations impact unclearA fire erupted at Tata Steel UK's Port Talbot steelworks in Wales. Emergency services responded swiftly. Operations at a section of the pla...
- India-UK trade deal moving forward, though steel issue may delay launchTalks on a free trade deal between Britain and India are moving swiftly. Trade Minister Peter Kyle stated discussions are going well. While...
- Fire breaks out at Tata Steel's United Kingdom plantA fire erupted at Tata Steel's Port Talbot plant in the UK. Emergency services responded swiftly to the incident. All personnel were safely...
- Vedanta group's iron ore mining, steel biz cut 2.5 MT of carbon emissions in last 5 yrsVedanta's iron ore and steel business has significantly cut carbon emissions. Over five years, nearly 2.5 million tonnes of emissions were ...
- US may have shaved its metal tariffs but the steel wall facing Indian exporters remains standingTariff modifications in the United States bring a touch of relief for Indian exporters, particularly with reduced duties on select metal-in...
- 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...
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