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STAINLESS STEEL REBAR
Jindal Stainless enters retail segment, expands into construction value chainJindal Stainless Ltd has entered the retail market with Jindal Infinity, a new stainless steel rebar. This move allows the company to conne...
Steel to stay costly through 2026, India to lead demand rebound in 2027: ReportGlobal steel demand will stay weak, growing just 0.3% in 2026, with China dragging growth while India emerges as a strong outlier. Despite ...
Jindal Stainless Q2 Results: Net profit grows 32% to Rs 808 crore on higher salesJindal Stainless on Monday reported an over 32 per cent year-on-year rise in consolidated net profit to Rs 808 crore in the September quart...
Coking coal hits five-month high on government mine inspectionsCoking coal futures in China surged due to government inspections on coal mine production, raising concerns about potential supply disrupti...
Tata Steel shares rally 5.5% in 2 days on China-fueled metals rally, upbeat UK business outlookTata Steel shares climbed more than 3% on Wednesday, following a global surge in steel futures driven by encouraging factory data from Chin...
Domestic stainless steel consumption grows 84 pc in 5 years to hit 4.8 mn tonnes in FY25: ISSDAIndia's domestic stainless steel consumption surged by 84% over the past five years, reaching 4.80 million tonnes in FY 2024-25, driven by ...
India's finished steel imports from China hit 7-year high in April-August, data showsIndia's finished steel imports from China reached a seven-year high in the first five months of the 2024/25 financial year, according to pr...
Nifty Metal index stocks: Is consolidation on business and stock level over?Metal sector has been witnessing a mixed news flow, the much anticipated recovery in China is not panning out but there is no immediate pre...
Jindal stainless invests Rs 100 cr in Rathi Super SteelJindal Stainless Ltd plans to invest ₹100 crore in Rathi Super Steel over the next two years to increase its offerings in the infrastructur...
Welspun Corp Q4 Results: Net profit falls 9% YoY to Rs 240 croreWelspun Corp posted a net profit of INR 240.08 crore for Q4 2021-22, down 8.9% YoY. Total income rose to INR 4,132.38 crore from INR 2,413....
Analysts divided over Nifty Metal index stocks amid global headwindsAfter the reopening of China, metal prices were expected to inch upward, however the slide continues. Is it because of fears of US recessio...
SGX iron ore hovers near 2022 low on bleak China demand outlook"Iron ore prices remain vulnerable to downside risk in the short term," said Daniel Hynes, ANZ senior commodity strategist. "Weaker steel d...
Iron ore hits one-week high on China demand hopes, easing Covid-19 curbsThe most-traded iron ore for September delivery on China's Dalian Commodity Exchange rose up to 5% to 782.50 yuan ($117.02) a tonne, its hi...
China iron ore futures jump nearly 7% after India hikes export duties"The key issue is on the supply side, and that would have bigger impact on market expectations (that India could offset disruptions caused ...
Chinese stainless steel prices take off as nickel rallies to all-time highThe surge in stainless steel comes after nickel prices spiked 90% to an all-time high in the previous session and extended gains on Tuesday...
Iron ore falls as high China inventory dampens 2022 price outlookIron ore for May delivery on China's Dalian Commodity Exchange ended daytime trade 0.7 per cent lower at 639.50 yuan ($100.46) a tonne.
Iron ore slumps as China steps up efforts to curb soaring pricesSeptember iron ore on the Dalian Commodity Exchange ended daytime trading 5.7 per cent lower at 1,142.50 yuan ($177.40) a tonne, after earl...
Iron ore retreats as steel body eases port congestion worriesMost active iron ore futures contract on the Dalian Commodity Exchange, for January delivery, fell as much as 3.9% to 808 yuan ($116.16) pe...
- Outokumpu to set up two new units in state
Stainless steelmaker Outokumpu India, part of Finland-based Outokumpu, plans to set up a plate service centre and a rebar processing facili...
- Steeling the show
Stewols makes steel fibre that's changing the way highways, tunnels and even auto components are made.