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STEEL MARKET
Indian steelmakers pivot home as Europe tightens imports, China squeezes marginsIndian steelmakers are shifting focus to domestic markets amid tighter European import rules. Exports to the EU and Britain are expected to...- Tata Steel to invest Rs 10,000 crore in Jharkhand projects by 2028, creating 2,000 jobsTata Steel plans a significant Rs 10,000 crore investment in Jharkhand projects by 2028. This expansion aims to boost steelmaking capacity ...
- Middle East peace, reconstruction can help stabilise steel market: JSW Steel JMD Jayant AcharyaJSW Steel Joint Managing DirectorJayant Acharyasaid global reconstruction efforts, particularly in theMiddle East, Ukraine and Palestine, a...
- Absolute Projects, Jindal Supreme secure Sebi's nod to float IPOsFunds will be used to modernise Manufacturing Facility I, procure machinery for Manufacturing Facility II, and secure equipment for Power E...
- Chinese company demands compensation from the UK over British Steel nationalizationChina’s Jingye Group has demanded compensation from the UK after British Steel was nationalised, warning it may pursue international arbitr...
- Have metal stocks’ dependence moved from Chinese apartments to world's power grid? 5 metal stocks with upside potential of up to 34%Weak Chinese growth has traditionally been a warning signal for metal stocks. Yet, the latest disappointing data from China has caused only...
- JSW Steel’s Q1 profit soars 2x YoY on robust topline growthJSW Steel's profit more than doubled year-on-year to 4,696 crore in the June quarter. Robust revenue growth and higher volumes aided the co...
- JSW Steel’s profit doubles on revenue growth, beats estimatesJSW Steel's profit more than doubled year-on-year to Rs 4,696 crore in the June quarter. Robust revenue growth and lower finance costs aide...
- Nuvama initiates coverage on SG Mart, Siemens Energy India with Buy; sees up to 21% upsideNuvama Institutional Equities has initiated coverage on SG Mart and Siemens Energy India with ‘Buy’ ratings, citing strong earnings growth,...
- India, UK trade pact to enhance exports competitiveness, slash trade costs: ExpertsThe India-UK free trade pact is expected to reduce trade costs significantly. Domestic goods will gain enhanced competitiveness in the Brit...
- Q1 results today: Jio Financial, Wipro, Polycab India, BHEL among 41 companies to report earningsThe June quarter earnings season gathers pace on July 16, with 41 companies, including Jio Financial Services, Wipro, Tech Mahindra, BHEL, ...
- Happy Steels shares set for market debut today; GMP signals nearly 15% listing premiumThe Rs 25 crore SME public issue witnessed overwhelming demand during its subscription period from July 9 to July 13, with the IPO closing ...
- India exports $140 million worth of goods at zero duty on first day of UK trade pactThe CETA allows entry of nearly 99% of Indian exports at zero duty, and offers significant duty concession to a host of UK imports such as ...
- India-UK trade pact comes into force, gold standard of FTA for bothIndia and the UK have operationalized a free trade agreement, enhancing economic ties. This pact allows zero duty entry for many Indian goo...
- India wins big with duty-free access for 11 lakh tonnes of a key industrial metal under UK trade pactIndian exporters can now ship over eleven lakh tonnes of steel duty-free to the UK. This benefit comes into effect through a new free trade...
- Dolly Khanna portfolio rejig: Ace investor likely exits 2 stocks, pares holding in Prakash Industries in Q1Ace investor Dolly Khanna likely exited Rain Industries and Sharda Cropchem during the June quarter after strong gains of up to 42% this ye...
- India and UK in talks on Britain's carbon tax rules: Commerce Secretary Rajesh AgrawalIndia and the UK are discussing Britain's carbon tax regulation. The new free trade agreement ensures market access for India's steel secto...
- India, UK engaged in discussions on carbon tax issue: Commerce SecretaryIndia and the United Kingdom are discussing Britain's carbon tax regulation. The UK plans to implement its Carbon Border Adjustment Mechani...
- Monsoon tests India's steelmakers as prices head in opposite directions: ReportDomestic steel prices are expected to remain mixed in the coming months. Long steel prices will likely stay under pressure due to monsoon d...
- ETMarkets Management Talk | We want to grow 20% annually without taking on debt: Bansal Wire's Pranav BansalBansal Wire Industries is focusing on operational efficiency and cash generation for growth. The company targets twenty percent annual grow...
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