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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...- SAIL sees limited steel price impact from Iran conflictSAIL anticipates a minor effect on its steel prices due to the West Asia crisis. The company is arranging new shipping paths to ensure a st...
- West Asia War: India steelmakers brace for higher input costs, risk of cheaper importsThe Indian steel industry faces significant challenges as the ongoing conflict in West Asia drives up the prices of vital resources like li...
- Jindal Stainless flags possible shipment delays to Middle EastIndia's Jindal Stainless anticipates potential near-term delays in steel shipments to the Middle East due to regional conflict. While the M...
- Protest at Adani port disrupts coal supply to RINL's Vizag plantWorkers' protest at Adani's Gangavaram Port disrupts coal supply to RINL's Visakhapatnam plant. RINL deploys strategies like diverting ship...
- Sustainability in upstream industries imperative for steel industry, says WSA’s Andrew PurvisAnd while steelmakers will continue to deploy technology to make the process more sustainable, it is imperative that upstream industries wh...
- India's steel ministry seeks import tax waiver for coking coal- SourcesThe proposal to scrap levies ranging from 2.5% to 7.5% in the world's second biggest producer of crude steel comes ahead of the national bu...
- Steel industry seeks duty cut on key raw materials in BudgetThe basic customs import duty on anthracite coal is 2.5 per cent. Since ferro alloy industry plays a vital role in steel manufacturing, it ...
- SAIL iron ore mines achieve 15% production growthThe mines, which come under SAIL's RMD, not only met the entire iron ore needs of SAIL’s eastern sector steel plants but also supplemented ...
- India can compete with China if it makes quality steel: Steel ministerThe steel minister said that innovation was the solution to the input costs that have risen for steel makers who import raw materials.
- Budget 2018: Secondary steel makers demand removal of import duty on scrapAbolition is expected to help small and medium steel enterprises that are dependent on imports for around 60 per cent of their raw material...
- Govt procurement from domestic steel sector can act as a major stimulus: Tata SteelTata Steel has said government procurement from domestic steel sector can act as a major stimulus for demand creation projects like Rurban ...
- Rules for mines auction to be readied by May: Narendra Singh TomarThe union steel and mines ministry will finalise the rules for mineral auction by May 2015, following which it will be sent to the states.
- Steel sector is upbeat on budget proposal to develop 100 smart citiesThe domestic steel sector is upbeat on the budget proposal to develop 100 smart cities, a move that is likely to generate demand for key bu...
- Consortium of Indian steel companies plan to complete prospecting Afghan ore blocks in 18 monthsThe consortium, that includes JSW Steel, Monnet Ispat, JSPL, NMDC and RINL, is sticking to its initial estimate of $75 million for taking u...
- SAIL-led consortium to invest $75mn on Afghan mines in Phase-IA SAIL-led consortium of leading Indian steel and mining firms plan to invest $75 million in first phase for the development of Hajigak iro...
- SAIL-led consortium may finalise pact with Afghanistan by July-endThe SAIL-led consortium may sign the final pact with Afghanistan by July-end to develop a steel plant, a thermal power plant and necessary ...
- Indian consortium to ink final pact for Hajigak mines soonSAIL-led consortium and Afghanistan government are likely to ink a final pact in May to develop rich Hajigak iron ore mines.
- SAIL, RINL emit more CO2 than rivals while producing steelState-owned SAIL and RINL have emitted more carbon dioxide while producing steel than their global peers and domestic rival Tata Steel.
- RKKR group commissions Rs 300 cr integrated steel plant in APChennai-based RKKR group, one of the oldest steel makers in the south, has commissioned the first phase of an integrated steel plant capabl...
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