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SEAMLESS PIPES AND TUBES
Stainless steel industry seeks end to QCO relief from July 1India's stainless steel makers are urging the government to reinstate strict quality control norms from July 1, warning that a temporary re...- Mangalam Worldwide’s board approves 1:10 stock split as smallcap rises 120% in a yearMangalam Worldwide has approved a 1:10 stock split, under which each equity share with a face value of Rs 10 will be subdivided into 10 sha...
- Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
- DPIIT issues updated SOP for processing FDI applicationsThe Department for Promotion of Industry and Internal Trade (DPIIT) has streamlined Foreign Direct Investment (FDI) proposal processing wit...
- Mangalam Worldwide Q4 net profit grows to Rs 15 croreMangalam Worldwide, a stainless-steel manufacturer, reported an impressive 81% surge in consolidated net profit to Rs 15.37 crore for the q...
- Seamless tube makers urge govt not to retain curbs on Chinese importsIndian steel tube makers are asking the government to keep restrictions on Chinese companies and equipment in power projects. They warn tha...
- Budget 2026: Seamless tube makers seek PLI for exports to boost growthBudget 2026: The Seamless Tube Manufacturers' Association of India (STMAI) has requested a production-linked incentive (PLI) scheme for 10%...
- India's imports of seamless pipes, tubes from China rise two-fold in FY25Imports of Chinese seamless pipes and tubes into India have surged dramatically. Domestic manufacturers report a more than two-fold increas...
- STMAI urges govt to implement strict measures to curb influx of low-cost Chinese pipe importsThe Seamless Tube Manufacturers' Association of India (STMAI) asserts that India possesses ample seamless pipe production capacity to satis...
- India-based pipe and tube manufacturer selects Louisiana for first US facilityGlobal Seamless Tubes & Pipes invests USD 35 million in Louisiana to create jobs, focusing on carbon, alloy, and stainless steel production...
- Venus Pipes and Tubes lists at 3% premium on BSEThe Rs 165.42 crore initial public offering (IPO) of Venue Pipes & Tubes was open for subscription between May 11-13 as the company sold it...
- Venus Pipes & Tubes IPO subscribed 16.31 timesAccording to the data from BSE, investors bid for 3,45,34,178 equity shares or 9.72 times by 2 pm compared to the 35,51,914 equity shares o...
- Venus Pipes & Tubes IPO to open on May 11Proceeds from the public issue will be used for financing the project cost towards capacity expansion and backward integration for manufact...
- Venus Pipes and Tubes likely to file DRHP this week to raise up to Rs 225 croreThe IPO will entirely be a fresh issue.
- Jindal Saw enters strategic alliance with Hunting Energy ServicesIndia currently imports seamless casing and tubing worth $200 million a year, according to Jindal Saw group CEO Neeraj Kumar.
- DGAD recommends anti-dumping duty on steel pipes from ChinaEarlier this year in May, the government had imposed a provisional anti-dumping duty for six months on seamless tubes and steel pipes, amon...
- Tubacex acquires stake in Prakash Steelage's tube divisionTubacex has reached an agreement with Prakash Steelage Ltd to acquire 68% stake in the Mumbai-based firm's seamless stainless steel.
- India plans safeguard duties on iron, steel items from ChinaIndia plans to impose safeguard duties on some iron and steel pipes, tubes to protect domestic producers from a flood of imports.
- Local cos book profit from US duty on Chinese pipesThe US government’s move to levy anti-dumping duty on Chinese steel pipes has provided Indian manufacturers an opportunity to increase expo...
- Maharashtra Seamless in race for Indonesian iron ore mining firmMaharashtra Seamless (MSL), the flagship company of the Rs 3,000-crore DP Jindal Group, is in the race to acquire an Indonesia-based iron o...
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