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...
08 Mar, 2022, 09.52 AM IST
China exchanges move to cool iron ore, steel price rallyThe Dalian Commodity Exchange said it would raise trading limits and margin requirements for iron ore contracts for delivery in June, Septe...
10 May, 2021, 07.31 PM IST
Nithia Capital and CarVal Investors complete acquisition of stressed assets of Uttam Group for ₹2,000 croreOn May 6th of 2020, a monitoring agency was formed, in which successful resolution applicants Nithia and CarVal along with two members from...
05 Jan, 2021, 06.22 PM IST
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...
12 Aug, 2020, 09.32 AM IST
S&P Global Platts on why steel prices are holding strong in IndiaThe reason behind the steel price rise in India is that Indian steel mills have raised hot rolled coil prices for four consecutive months -...
06 Feb, 2020, 09.56 AM IST
SAIL targets 20% increase in production and sales this yearThe company is also taking up new projects to enhance its product mix and profitability, besides the modernization programme which is neari...
21 Sep, 2016, 10.48 PM IST
Indian-origin UK family buys Lord Swraj Paul's Caparo unitHundreds of jobs have been saved at steel firm Caparo Industries owned by noted NRI industrialist Lord Swraj Paul after a UK-based Indian-o...
28 Nov, 2015, 09.53 PM IST
Posco to invest $20 million in Gujarat: Korean ambassadorSouth Korean steel giant Posco will establish a coil mill in Gujarat with investment of around $20 million, the country's Indian envoy said.
12 Nov, 2014, 10.57 PM IST
SAIL keeps prices unchanged in AprilThe move is in line with other leading steel producers, which kept their prices either unchanged or went in for up to Rs 750 per tonne cut.
03 Apr, 2014, 04.25 PM IST
- NCDEX to offer more metal, agriculture futures soon
NCDEX now has a 99% agri portfolio and is targeting to end up in a situation where 20-30% of its trading comes out of non-agri products ove...
22 Nov, 2013, 06.57 AM IST
- Rising input costs likely to push up steel prices in New Year
Steel is likely to get costlier after the New Year with major steel-makers indicating another price hike from January due to surging raw ma...
12 Dec, 2010, 10.33 AM IST
- Essar Steel in talks to acquire Egypt's Kandil
Essar Steel is reportedly in talks to acquire Egypt's Kandil Steel.
28 Jun, 2010, 10.35 AM IST
- Inventory losses bleed secondary steel producers
Secondary steel producers gained from an upward revision in the valuation of inventory for the past 7-8 quarters, but the trend was reverse...
02 Mar, 2009, 01.40 AM IST
- Downturn forces steel users to enter into short term contracts
Downturn in prices have forced steel users such as the auto and consumer durable makers to enter into short term contracts, instead of long...
24 Dec, 2008, 05.07 PM IST
- Govt plans duty rejig to cool steel prices
The government seems to be ready with a magic potion to check rising prices of iron and steel.
28 Apr, 2008, 03.56 AM IST
- Govt set to cool steel prices
There is a controversial proposal to suspend futures trading in iron and steel for the next six months.
10 Apr, 2008, 02.43 AM IST
- Steel ingots march ahead, ride high on construction boom
Steel ingots, a semi-finished steel product which is the raw material for rebars (TMT steel) mainly used in construction, have seen a jump ...
21 Mar, 2007, 04.00 AM IST