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KOUSTAV MAZUMDAR
Infra push to drive cement demand up 10-12 pc this fiscal: ReportThe Indian government's increased spending on infrastructure projects such as roads, railways, and power is expected to boost cement demand...- Steel prices to remain firm on India's pre-election spending bingeAnalysts expect domestic steel prices to remain at Rs 59,000 per tonne, for flat steel, and Rs 56,000 per tonne for long steel despite a sl...
- Global steel prices set to stabilise in 2023, says CRISIL RatingsFollowing the global trend, domestic steel prices are expected to soften only a minimal 2-4% on-year (for flat steel) in fiscal 2024, after...
- Cement cos profitability seen dipping 15 pc on input costsThe report by rating agency Crisil, however, said that higher demand will cushion the credit outlook for the sector.
- Duty-related measures to slash steel exports from India by 40% in FY23, says CRISILOn May 21, the government announced waiving of customs duty on the import of some raw materials, including coking coal and ferronickel, use...
- Steel prices ease over 10%, coal crisis playing havoc on secondary steelmakersPrices in the long products segment have declined on an average of 10-15 per cent to Rs 57,000 per tonne in Kolkata market from a high of R...
- Steel prices may fall to Rs 60,000/tonne by March: Crisil ReportPrice corrections are likely due to the onset of monsoon next month which will pull down demand as constructions will be on hold along with...
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