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...
27 May, 2026, 02.04 PM IST
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsAs far as India is concerned, the biggest pain point from the US-Iran war in the Gulf region has been the spike in the prices of not only o...
06 May, 2026, 11.19 PM IST
Debate emerges over iron ore export ban amidst clashes between steelmakersSteelmakers without captive mines seek a ban on iron ore exports to safeguard their industry, while iron ore producers oppose this move. Pr...
24 Feb, 2024, 12.42 PM IST
Secondary steelmakers face double whammy as prices of key inputs riseA paucity of coal in the domestic market is pushing upwards the prices of sponge iron. Meanwhile, there has also been a squeeze on the avai...
15 Aug, 2022, 11.55 PM IST
Steel prices ease over 10%, coal crisis playing havoc on secondary steelmakersPrices in the long products segment have declined on an average of 10-15 per cent to Rs 57,000 per tonne in Kolkata market from a high of R...
15 May, 2022, 02.00 PM IST
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...
31 Jul, 2021, 11.11 AM IST
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 ...
02 Oct, 2020, 11.57 AM IST
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...
04 Aug, 2020, 08.35 PM IST
Bad debt is not a bother anymore: Chaudhary Birender Singh, Steel MinisterIntegrated steel-making is not the only way to achieve the 300-MT target. The secondary steel producers are more important. said, Chaudhary...
25 Jan, 2019, 08.30 AM IST
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...
11 Sep, 2018, 10.04 PM IST
Cheap imports, costly power choke secondary steel unitsIn states such as Maharashtra and Gujarat, a few industrial consumers cross subsidise electricity access to millions of agricultural consum...
15 Feb, 2016, 10.55 AM IST
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.
21 Dec, 2015, 08.26 PM IST
Steel Ministry to scale up energy efficiency project for small unitsThe new project - Upscaling Energy Efficient Production in Small-Scale Steel Industry in India - will lead to cleaner production in 300 uni...
25 Nov, 2013, 08.57 PM IST
Budget 2013: AIIFA wants government to consider deemed duty paid on steel scrapAIIFA in its pre-budget 2013 memorandum has asked the govt to consider deemed duty paid on steel scrap
21 Feb, 2013, 05.39 PM IST
- Budget 2013: AIIFA apprehensive on introduction of GST
Budget 2013 might see introduction of GST, hence the All India Induction Furnaces Association (AIIFA) shared some of its apprehensions rega...
04 Feb, 2013, 04.31 PM IST
- Budget 2013: AIIFA proposes deemed credit of duty on steel scrap for availing CENVAT credit
The All India Induction Furnaces Association (AIIFA) has proposed deemed credit of duty on steel scrap for availing CENVAT credit for consi...
04 Feb, 2013, 03.46 PM IST
- Steel producers seeks 'deemed credit' on local scrap units
Secondary steel producers have sought from the Centre 'deemed credit' facility on scrap sourced locally from non-excisable units.
24 Oct, 2011, 03.12 PM IST