Steel


JSW Group Exploring Possibilities To Acquire Coal Mines In Offshore Markets

Banking - Published date: .

Homegrown firm JSW Group is exploring possibilities to acquire coking coal mines in offshore markets, industry sources s... Read more

JSW Steel Plans To Raise Up To Rs 17,000 Cr; $1 Bn From Int'l Markets

Banking - Published date: .

JSW Steel on Friday said its board has approved plans to raise funds up to Rs 17,000 crore through the issuance of vario... Read more

JSW Steel Elevates Jayant Acharya As Joint MD, CEO With Immediate Effect

Banking - Published date: .

JSW Steel on Friday said Jayant Acharya has been elevated to the post of Joint Managing Director and Chief Executive Off... Read more

JSW Steel Crude Steel Production Grows 7% YoY To 1.7 MT In April

Banking - Published date: .

JSW Steel on Wednesday posted a 7 per cent growth in crude steel production on standalone basis at 17.77 lakh tonne (LT)... Read more

Vedanta's Anil Agarwal Presses On With Plan To Raise Oil, Zinc Output

Banking - Published date: .

Mining mogul Anil Agarwal is pushing ahead with an aggressive plan to raise oil and gas production, expand output of met... Read more

Jindal Stainless Supplied 300 Tn Steel For Ambedkar Statue In Telangana

Banking - Published date: .

Jindal Stainless Ltd on Tuesday said it supplied 300 metric tonnes of stainless steel for 125-ft tall statue of B R Ambe... Read more

Tata Steel Saw Record Operational Performance In FY23: CEO T V Narendran

Banking - Published date: .

Tata Steel India reported a record operational performance in the last financial year despite a challenging environment,... Read more

ArcelorMittal-Nippon Steel India JV Signs $5 Bn Loan With Japanese Banks

Banking - Published date: .

ArcelorMittal SA on Friday said its Indian steelmaking joint venture with Asian peer Nippon Steel Corp has entered into ... Read more

NMDC Hikes Iron Ore Lump Rate By Rs 100/tonne; Fines Rs 200 Per Tonne

Banking - Published date: .

State-owned NMDC on Tuesday said it has hiked price of iron ore lumps by Rs 100 to Rs 4,500 per tonne with immediate ef... Read more

Steel Firm AM/NS India's EBITDA Drops 62.75% To $162 Mn In Dec Quarter

Banking - Published date: .

Joint venture firm says lower selling price and India's duty on steel exports last year impacted business Read more

Bhilai Steel Plant Hits 1 Million Tonnes Plate Production Mark In FY23

Banking - Published date: .

Besides Bharat Heavy Electricals (BHEL), the Indian Railways and two private infrastructure companies had placed bulk or... Read more

JSW Q3 PAT Dips 90% On Lower Exports

World - Published date: .

Its consolidated profit after tax fell to ₹476 crore compared to ₹4,516 crore in the year ago, with exports contra... Read more

RHI Magnesita India Acquires Hi-Tech's Refractory Business For Rs 621 Crore

Banking - Published date: .

RHI Magnesita India Limited on Wednesday said it has acquired the refractory business of Hi-Tech for Rs 621 crore in an ... Read more

Fitch Raises Thermal Coal Price Predictions As Energy Crisis Persists

Markets - Published date: .

Fitch Ratings has cut the price assumptions of most metals and mining products on fears of revised growth expectations... Read more

NMDC To Be Excluded From Nifty CPSE Index Over Move To Hive Off Steel Arm

Banking - Published date: .

NMDC shares drop 5.3%; ONGC, Coal India and Bharat Electronics likely to see inflows of $31-46 million on account of the... Read more

India's Core Sector Output Expands At Six-month High Of 8.4% In April

Banking - Published date: .

The output of eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertiliser, steel, cement... Read more

Surge In Raw Material Cost Pushes Steel Prices To New High In April

Banking - Published date: .

Raw material prices had been on the rise, but since Russia waged war on Ukraine, prices surged. Read more

Tata Steel UK Using Bacteria-technology To Recycle Its Emissions

Banking - Published date: .

Tata Steel's blast furnaces in the UK are using billions of microscopic bacteria to convert its emissions into stock mat... Read more

Deep Dive: ESG Commodities Is An Exciting Market

Markets - Published date: .

George Cheveley, co-portfolio manager for the diversified Natural Resources strategies and portfolio manager for the G... Read more

JSW Steel To Invest Rs 150 Crore To Set Up Steel Facility In Kashmir

Banking - Published date: .

The planned downstream manufacturing facility of capacity 120,000 tonne per annum will also house special lines to produ... Read more