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SEAMLESS TUBES MANUFACTURERS
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...- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 27%, according to analystsWe are in a phase in the US-Israel-Iran war where statements are made, then retracted. And, in a matter of just 48 hours, they are made all...
- 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...
- Kirloskar Ferrous zooms 10% after takeover of ISMTFollowing the development, Kirloskar Ferrous zoomed 10 per cent to Rs 206, before paring up some gains to trade at Rs 203.50 at 9.40 am. Th...
- 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.
- ISMT, Maharashtra Seamless, Jindal Saw claim seamless pipe industry bleeding due to Chinese dumpingIndian seamless tube makers, ISMT, Maharashtra Seamless and Jindal Saw, have reduced production to a quarter of their capacity and fear clo...
- Prakash Steelage jumps on sale of tube division to Spain's TubacexThe Spanish firm had in February reached an agreement with Prakash to buy a 68% stake in the latter's seamless stainless steel tube division
- BHEL may not join RINL, MECON for Rs 2,000 crore steel unitPower equipment maker BHEL may not join hands with steel maker RINL and MECON for the proposed Rs 2,000-crore joint venture.
- ONGC may join RINL, BHEL in Rs 2000 crore seamless tube JVONGC has expressed interest in partnering RINL & BHEL on a proposed Rs 2k cr, JV seamless tubes manufacturing plant.
- Seamless tube unintended victim of steel export dutyThe recently introduced export duty on steel items, an anti-inflation measure, could seriously jeopardise the export-intensive seamless tub...
- CM inks MoU for 3 mega projectsMaharashtra’s investment portfolio has just got bigger, with three more projects coming its way under the mega project policy.
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