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SECONDARY STEEL SECTOR
Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in HDFC Bank, RIL and 29 others in MaySunil Singhania-backed Abakkus Flexi Cap Fund significantly increased its holdings in HDFC Bank and Reliance Industries during May. The fun...
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...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsThe latest escalation in the US-Iran war means that crude oil price is back as a risk for India. Although we are in a market already strugg...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIf the US-Iran ceasefire holds, the markets may see some recovery. The movement of crude oil prices and its impact on the markets supports ...
Time to think of the repair cycle? 8 engineering stocks from India’s capital goods ecosystem with upside potential of up to 26%At a time when the markets are focused on war, crude oil, inflation, and supply disruption, it is easy to miss a quieter shift. India’s eng...
JSW Motors ties up Rs 8,000 crore funding from India’s top bankJSW Motors, part of Sajjan Jindal's business empire, has secured a significant 80 billion rupee funding line. This financial boost from Sta...
'Nobody will fly': India's plane versus train battle gets a twistIndia's Railway Minister said upcoming bullet trains will dominate short-haul routes like Mumbai-Pune and Bengaluru-Chennai, mirroring glob...
Companies look to shrink issue sizes to get IPOs pass throughAt least 10 companies are considering reducing their planned IPO sizes to ensure successful listings amid declining investor appetite. This...
India steel sector grows in April, crude output up 5.8%, consumption up 8.1%India's steel sector showed strong growth in April 2026. Production and consumption of steel increased significantly. This performance refl...
Energy security should drive adoption of renewables now: Hero Future Energies chief Rahul MunjalRahul Munjal of Hero Future Energies said India must shift its renewable energy narrative from climate goals to energy security amid oil su...
Govt sets up two advisory committees to iron out challenges in steel industryThe government has set up two advisory committees to iron out the challenges in the steel industry to achieve the target of 300 million ton...
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...
Steel cos have agreed to cut prices for MSMEs despite disruption: RCP SinghDue to the geopolitical situation, global steelmakers, mainly from Germany and the UK, have hiked prices sharply by at least 25%. Indian st...
Steel ministry fetches discounts for MSME sector“Prices are deregulated and is decided by demand and supply. We had discussions with steel companies and they have agreed to provide a disc...
Steel minister takes stock of secondary steel sector policies"The Chairman of the committee appreciated the suggestions given by the members and reiterated the commitment of the government for growth ...
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 hopeful to occupy 2nd slot in global crude steel output: Steel MinistryGrowing in conjunction with the primary steel sector, the secondary steel sector holds enormous potential for growth and opportunities in t...
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 ...
Demonetisation: Small steel companies in secondary sector likely to be affectedThe decision is also expected to hurt rural demand, which picks up after the monsoon season, especially for construction-grade steel.
Secondary steel sector wary of decision to raise minimum import priceThe secondary steel sector is apprehensive about the government's proposed move to impose minimum import price (MIP) for steel.