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SECONDARY STEEL PLAYERS
Backward integration, captive power seen aiding profitability of secondary steel playersSecondary steelmakers in India are improving profitability by investing in captive power and backward integration, helping offset volatile ...- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIn the equity market, it is generally good to keep one eye on risk management. But there are times when it becomes a must-do. We are curren...
- Accelerating Plastics Circularity: Turning Ambition into Scalable Action | Industry RoundtableIndustry experts convened to emphasize the need for advancing plastics circularity throughout India and the Asia Pacific region. They ident...
- Ather expects mass-market Konarc e-scooter to deliver higher margins than Rizta within a year: CEO Tarun MehtaAther Energy expects its new Konarc electric scooter to deliver higher gross margins than the Rizta within a year, CEO Tarun Mehta told ET....
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsWhat is volatility? There is, of course, a mathematical definition. Then there is the human definition, which is how investors feel it. In ...
- Govt plans Rs 5,000 crore scheme in 3 months to promote green technologies in steel sectorThe Indian government is set to launch a Rs 5,000 crore scheme within three months to boost clean technologies in steelmaking, aiming to sl...
- Government to greenlight incentives to drive green steel outputThe Indian government is preparing a national mission with a proposed outlay of ₹5,000 crore to promote sustainable steel production, targe...
- Need to develop right ecosystem for secondary steel sector: Steel Minister"The Minister also advised steel players to take more interest in developing niche steel products so that the country's needs can be met in...
- Rising raw material prices force MSME secondary steelmakers to shut shop“There are around 120 sponge iron, billet ingot manufacturers and rollers in West Bengal that have reduced production by 15-50 % and laid o...
- Slow domestic demand, surging input prices worry India's secondary steelmakers“NMDC’s price reduction on iron ore is not very significant. Iron ore prices have risen more than four times in the past year, and now the ...
- Customs duty rejig on steel products may impact domestic steel prices, increase imports from China“Increased capital expenditure augers well for metal players. However 2.5% to 5% reduction in customs duty on certain finished steel produc...
- High cost of production delays recovery of secondary steel companiesCARE reported that India’s top six integrated steel producers (ISPs) together produced 5.9 mt of crude steel out of the total 9.2 mt in Nov...
- NMDC hikes iron ore price for the second time in November to Rs 4000 per tonneState-run iron ore producer NMDC Ltd has hiked prices of lump ore for the second time this month by Rs 400 per tonne and that of fines by a...
- Secondary steel players gasp for oxygen as supply is restricted“We are facing a shortage of oxygen supply. There is no doubt that the oxygen requirements for medical use should be met. The logistics of ...
- Surging demand for steel lifts pricesWhile both primary and secondary steel players increased benchmark prices of hot-rolled coils by Rs 700-750 per tonne on an average from Ju...
- India's secondary steelmakers are facing troubles in procurement of iron oreDue to the supply shortage, iron ore prices have shot up around 35% since April. This is because of low production and no dispatch by the m...
- Steel Ministry mulls award to promote innovation in secondary steel sectorThe ministry wants to bring domestic secondary players at par with the primary steel players
- India to become 2nd largest steel producer by 2018: Steel MinisterThe govt planned to more than double steel production capacity and per capita consumption from the present level, steel minister Chaudhary ...
- Iron & steel sector likely to face a burden of Rs 2,900 crore on additional levyAround 12 operational coal blocks allotted to iron & steel manufacturers with a peak rated capacity of 14.58 million tonne per annum.
- Steelmakers for passing on benefits of price cut to consumersLeading steel producers have told the government that ensuring price discipline by secondary producers is a difficult exercise.
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