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STEEL MARKET OUTLOOK 2026
Oil prices may ease to $80 per barrel in 2027 as Middle East supply recovers: Goldman SachsGoldman Sachs expects Brent crude prices to ease to $80 per barrel in 2027 as Middle Eastern supplies recover and the global oil market mov...
Why India's steel demand is defying global weaknessIndia’s steel prices are rising despite weak global markets, supported by infrastructure spending, manufacturing growth and higher input co...
Global Market: European shares set for biggest weekly gain since August on earnings optimismEuropean shares climbed on Friday, with the STOXX 600 heading for its strongest weekly gain since August, supported by robust corporate ear...
Jindal Steel arm commissions Phase-I cargo terminal in OdishaJindal Steel commissioned a 12.5 million tonne cargo terminal in Odishas's Paradip as part of its larger ₹ 3,400 crore investment project. ...
India’s IPO league table: How the largest listings openedJio Platforms is set to launch its IPO bidding on October 21, offering 27 crore shares without any offer for sale. The price band is set be...
US Market: Fed Chair Warsh offers no signal on October interest-rate decisionFederal Reserve Chair Kevin Warsh gave no signal on whether the US central bank would change interest rates at its October 27-28 meeting, r...
The 'biggest' risk to Asia’s economies isn’t over yet, IMF warnsThe IMF has warned that a prolonged Middle East war and renewed disruptions to energy production, shipping routes and critical infrastructu...
IMF applauds India’s GDP data revamp, says currency pain is no sign of failure as country entered energy shock with strong fundamentalsThe International Monetary Fund has raised India's growth forecast to 7% for this year and next. India is seen as having strong fundamental...
Asia set to ‘continue to outpace the world’, says IMF, as it asks central banks to stay focused on price stabilityAsia's central banks are advised to potentially tighten monetary policy in response to rising inflation expectations. Inflation has been im...
Global Market: IMF warns of energy shock, AI correction risks to Asia's growth outlookThe IMF warned that Asia’s economic growth may slow to 4.4% in 2027 amid energy price shocks, Middle East conflict, AI market correction ri...
Companies shift to bank loans as bond costs rise, driving 81% share of fresh credit: JefferiesIndian companies are increasingly relying on bank loans as corporate bonds and other borrowing sources become more expensive, with banks ac...
IMF sees India bucking global slowdown, raises 2026 growth forecast to 7%IMF has increased India's growth forecast for 2026 due to stronger-than-expected economic momentum. Resilient domestic demand and robust se...
Nvidia’s share of China AI chip market falls to 34% as Huawei gains groundNvidia's share of China's AI chip market dropped to 34% in the first half of 2026 due to US export restrictions. Domestic competitors like ...
IMF raises 2026 global growth forecast to 3.1%, warns of rising risks from war and debtThe IMF projects global growth of 3.1% in 2026, supported by AI infrastructure investment, but warns that prolonged Middle East conflict, e...
IMF raises India’s FY27 growth forecast to 7%The International Monetary Fund has increased India's economic growth projections for FY27 and FY28 to 7%. This adjustment reflects resilie...
India's steel industry growing while global output falls: FM Nirmala SitharamanSitharaman said India raised crude steel output by 10% in 2025 to 165 million tonnes and by 6% in January-August 2026, even as world output...
India fastest-growing major steel market; demand to grow 7.9% in 2026: World Steel AssociationIndia's steel demand is projected to grow by 7.9 percent in 2026 and by 8 percent in 2027. This growth is driven by infrastructure projects...
Global Market: Goldman Sachs raises December Brent oil price forecast to $90 on supply risksGoldman Sachs has raised its December 2026 Brent crude price forecast to $90 per barrel, citing supply risks in the Middle East. While 2027...
Rs 1,024-crore market cap, Rs 10,000-crore order book: This penny stock jumps 11% after SAIL dealSEPC shares jumped nearly 11% to Rs 5.47 on Friday after securing an Rs 854.57-crore contract from SAIL for its IISCO Steel Plant expansion...
Rising oil, weak rupee and rate fears hammer Dalal Street; VIX jumps 10%On Thursday, Indian equities faced a significant sell-off, leading to declines in both Sensex and Nifty. The Sensex dropped by 1,045.46 poi...