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STEEL INDUSTRY GROWTH INDIA
Domestic steel demand to rise; in talks with the Netherlands government over steel production: Tata Steel CEOTata Steel CEO T V Narendran stated that domestic steel demand is expected to grow 8-10% in the coming months. He mentioned positive signs ...- India's services sector growth at 3-month high, but quarter weakest since 2022, PMI showsIndia’s services sector expanded at its fastest pace in three months in September, with the HSBC Services PMI rising to 55.2 on stronger do...
- Tata Steel expanding NINL capacity to 5 MT per annum: CEO TV NarendranTata Steel is channeling Rs 40,000 crore towards boosting the capacity of Neelachal Ispat Nigam Limited (NINL) by an impressive 5 million t...
- Semiconductor push, govt support driving EMS sector's growth, but valuation remains a concern: How 3 stocks with most buy calls are placedInvestor enthusiasm around the sector is visible in the performance of nine EMS stocks covered by multiple brokerages. The group has delive...
- Despite price hike, appliance makers expect double-digit growth in festive salesAir-conditioner and consumer appliance prices have risen 5-8% ahead of the festive season, but manufacturers expect sales to grow in double...
- Steel Ministry asks SAIL, NMDC to scout overseas mineral assets for raw material securityThe Steel Ministry has instructed state-run steelmakers SAIL and NMDC to explore overseas mineral assets. This effort aims to secure long-t...
- AI breaks India’s linear growth model, but campus hiring remains weak: Nasscom’s Rajesh NambiarNambiar said large IT and BPM companies have cut back on campus hiring over the last three years, which is not expected to change while the...
- India’s city hotels find a new growth engine in weekend getawaysWeekend demand at city hotels in India is improving, driven by rising staycations and increased domestic travel. Occupancy levels have sign...
- Naveen Jindal weighs bid for EU firm CelsaNaveen Jindal, chairman of Jindal Steel, is considering a €5-billion bid for European steelmaker Celsa to enhance his operations. The discu...
- A-One Steels shares list at 14% premium over IPO price on BSEA-One Steels shares made a strong debut, listing at a premium of up to 14% on the BSE and NSE. The Rs 405 crore IPO was subscribed 12.23 ti...
- India’s industrial jobs cross 2 cr mark in 2024-25India's industrial workforce increased to over 2 crore in 2024-25, driven largely by the manufacturing sector. The registered manufacturing...
- Essar-backed Mesabi Metallics to set up $15-billion steel plant in USMesabi Metallics will use iron ore for the Iowa plant from its mine in Minnesota, which was recently operationalised. The company has inves...
- New steel policy draft ready, to set 2047 road map: SecretaryThe government is revisiting the current national steel policy 2017 to address major changes in the sector in the past decade including AI,...
- From India to Iowa: Ruias return to steel with an ambitious $18 billion US betRuias are planning a new steel venture in Iowa. This project involves a $15 billion steel plant, aiming to produce 10 million tonnes annual...
- India's IIP growth may remain in single digits despite festive demand as weak monsoon, global risks weigh: ReportIndia's industrial production growth may stay in single digits in the upcoming months as several economic challenges persist. Festive deman...
- India to soon release new steel policy, eyes 600 million tons capacity by 2047, secy saysIndia's government will soon unveil a new national steel policy aimed at boosting steel production. The production capacity is expected to ...
- A-One Steels India allotment likely today: GMP signals 7% listing gain. Here’s how to check statusThe Rs 405-crore A-One Steels India IPO is expected to finalise its share allotment today. Once the allotment is announced, investors will ...
- Rising oil prices, inflation to create headwinds for India's economic growth: BNP ParibasBNP Paribas expects India’s economic outlook to come under greater pressure as higher crude prices, rising inflation and weaker rural and i...
- India’s bid to keep carbon cash home as Europe adds a new trade costIndia’s exporters face new carbon costs under the EU’s CBAM, which took effect in January 2026. For carbon-intensive industries such as ste...
- India remains net importer of finished steel in Apr-Aug; buys commodity worth Rs 36k croreIndia imported finished steel worth Rs 36,193.9 crore from April to August in the fiscal year. The country saw a 29.5 percent increase in f...
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