Search result for 'steel prices'

Indian Exporters Face US Tariffs: Talks Begin

April 4, 2025 13:14

Indian exporters are negotiating with US buyers on absorbing 26% import duties on goods, raising concerns about job losses and demand for sectors like leather, carpets, and engineering.

India Recommends 12% Import Duty on Steel Products

March 19, 2025 20:12

India's commerce ministry recommends a 12% safeguard duty on certain steel imports for 200 days to protect domestic producers from a surge in imports. The decision faces opposition from downstream...

India Steel Market: US Tariffs Divert Shipments, Impact Prices

February 12, 2025 16:35

US tariffs on steel and aluminum may impact Indian steel prices as Asian exporters redirect shipments to India, potentially increasing import pressure and affecting domestic earnings.

India Needs 100 MT Steel Capacity by 2030: Secy

January 31, 2025 12:55

India aims to add 100 million tonnes of steel capacity by 2030 to avoid import dependency, says Steel Secretary Sandeep Poundrik. He also highlighted the impact of slumped steel demand and over...

Steel Prices to Rise in 2025: Crisil on Duty Levy

January 8, 2025 13:54

Crisil predicts higher steel prices in 2025 if safeguard duty is imposed, citing increased demand and supply constraints. Read more about the impact on steel industry.

ArcelorMittal SA to Close Long Steel Plants, 3,500 Jobs Affected

January 7, 2025 00:24

ArcelorMittal South Africa will shut down its long steel plants, impacting over 3,500 jobs due to weak economic conditions and competition from imports. The closure comes after failed efforts to...

Steel Sector Eyes Policy Support Amid Imports & Green Steel Push - 2025

December 28, 2024 15:10

India's steel sector faces challenges from rising imports, volatile raw material prices, and the need to transition to green steel. The industry is seeking policy support to safeguard its interests...

Steel Import Duty Impact on MSME Exports: Concerns Rise

December 3, 2024 15:26

MSME exporters fear additional duty on steel imports will make domestic products uncompetitive, hurting outbound shipments. The move is met with opposition from industry groups who highlight...

Steel Import Duty to Hurt MSME Exporters: Concerns Rise

December 3, 2024 15:13

MSME exporters warn that proposed steel import duty will make domestic products uncompetitive and impact outbound shipments. Concerns over rising steel prices and potential impact on MSMEs.

Steel Price Decline Impacts Profitability of Domestic Producers: Crisil

November 28, 2024 16:49

Crisil Ratings forecasts a decline in operating profitability for primary steel producers in India due to falling steel prices despite increased sales volume and lower cost pressures.

Housing Construction Costs Rise 39% in 4 Years: Colliers

November 23, 2024 11:56

Colliers India reports a 39% increase in average housing construction costs in major cities over the past four years, driven by rising material and labor expenses.

India Needs $120 Billion for 300 Million Tonne Steel Target by 2030

November 20, 2024 19:23

India requires USD 120 billion investment to achieve a 300 million tonne steel-making capacity by 2030, according to Steel Secretary Sandeep Poundrik. The country's steel demand is rising and could...

Steel Imports from FTA Countries Negates Duty Hike: Steel Secretary

November 20, 2024 18:26

India's Steel Secretary says a duty hike on steel imports will be ineffective due to high imports from FTA countries at zero duty. He acknowledges the problem of cheap steel imports impacting...

Steel Imports Impact Indian Industry Margins: Ind-Ra

October 15, 2024 16:18

India Ratings and Research (Ind-Ra) reports surging steel imports are impacting domestic industry margins. The report highlights the impact of imports on gross margins and forecasts continued...

Steel Prices Hit 3-Year Low on Increased Imports - Report

August 11, 2024 14:11

Steel prices in India have fallen to a three-year low due to increased imports, with hot rolled coils (HRC) and cold rolled coils (CRC) prices dropping significantly. The surge in imports has...

ArcelorMittal Q2 Net Income Drops 73% - Steel Market Challenges

August 1, 2024 13:00

ArcelorMittal reports a 73% decline in net income for the second quarter, citing excess steel production from China and subdued economic sentiment. Learn more about the company's outlook and...

Jai Balaji Q1FY25 Net Up 23%, Capex Completion in 9 Months

July 29, 2024 17:22

Jai Balaji Industries Ltd reports a 23% rise in net profit for Q1FY25, driven by strong demand for specialized products. The company expects to complete its Rs 1000 crore capex within 9 months.

Tata Steel Credit Metrics to Improve in FY25: CreditSights

June 3, 2024 15:42

CreditSights expects Tata Steel's credit metrics to improve in FY25, driven by robust EBITDA growth and lower capex. The ratings firm anticipates strong domestic steel demand and lower coking coal...

Surya Roshni Q3 Profit Up, Revenue Down: Slow Demand Hits Pipes

February 8, 2024 22:04

Surya Roshni Ltd reported a muted growth in Q3 net profit at Rs 90 crore, with revenue falling 4% to Rs 1,938 crore, attributed to slow demand in the steel pipes business.

ArcelorMittal Posts USD 2.966 Billion Net Loss in December Quarter

February 8, 2024 14:19

Global steel giant ArcelorMittal reported a net loss of USD 2.966 billion in the December quarter, impacted by lower steel prices. Learn more about the company's financial performance.

India Fastest Growing Economy: Tata Steel CEO

February 7, 2024 13:41

Tata Steel CEO T V Narendran claims India is the world's fastest growing economy and highlights the importance of the next 30 years for development.

Tata Steel Posts Rs 522 Cr Profit in Q3

January 24, 2024 20:34

Tata Steel reports a net profit of Rs 522.14 crore in Q3, driven by strong domestic demand despite European weakness. The company's UK operations continue to face challenges, with plans to close...

Jai Balaji Net Profit Soars 740%, Plans Rs 1000cr Capex

January 15, 2024 18:39

Jai Balaji Industries Ltd reports a 740% jump in net profit for Q3 FY24, driven by cost efficiency and focus on higher-value products. The company plans a Rs 1000cr capex to boost value-added...

India's Steel Sector Recovery: Tata Steel CEO

January 1, 2024 21:35

Tata Steel CEO, T V Narendran, says India's steel sector is recovering post-pandemic, driven by infrastructure development. He highlights growth in demand and concerns about Chinese steel imports.

India's Steel Sector Recovers Post-COVID: Tata Steel CEO

January 1, 2024 18:39

Tata Steel CEO, T V Narendran, says India's steel sector is recovering post-COVID, driven by infrastructure development. He highlights concerns over rising Chinese steel imports impacting global...

Steel Industry Faces Challenges in H2 FY24: Icra

December 4, 2023 13:49

Icra forecasts a challenging environment for the primary steel industry in H2 FY24 due to rising input costs and weakening steel prices, impacting profitability.

Surya Roshni Q2 Profit Rises to Rs 76 Crore

November 2, 2023 18:48

Surya Roshni's Q2 net profit surged to Rs 76 crore, driven by volume growth in steel pipes and lighting products, despite revenue decline.

Company Name
Price
Volume

Vodafone Idea L
7.29 ( -7.84)
25856301

Suzlon Energy Ltd.
51.29 ( -7.39)
7894120

Standard Capital
0.51 ( 0.00)
6719965

YES Bank Ltd.
16.50 ( -4.07)
6062804

GTL Infrastructure
1.40 ( -4.76)
4321169

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Search result for 'steel prices'

Indian Exporters Face US Tariffs: Talks Begin

India Recommends 12% Import Duty on Steel Products

India Steel Market: US Tariffs Divert Shipments, Impact Prices

India Needs 100 MT Steel Capacity by 2030: Secy

Steel Prices to Rise in 2025: Crisil on Duty Levy

ArcelorMittal SA to Close Long Steel Plants, 3,500 Jobs Affected

Steel Sector Eyes Policy Support Amid Imports & Green Steel Push - 2025

Steel Import Duty Impact on MSME Exports: Concerns Rise

Steel Import Duty to Hurt MSME Exporters: Concerns Rise

Steel Price Decline Impacts Profitability of Domestic Producers: Crisil

Housing Construction Costs Rise 39% in 4 Years: Colliers

India Needs $120 Billion for 300 Million Tonne Steel Target by 2030

Steel Imports from FTA Countries Negates Duty Hike: Steel Secretary

Steel Imports Impact Indian Industry Margins: Ind-Ra

Steel Prices Hit 3-Year Low on Increased Imports - Report

ArcelorMittal Q2 Net Income Drops 73% - Steel Market Challenges

Jai Balaji Q1FY25 Net Up 23%, Capex Completion in 9 Months

Tata Steel Credit Metrics to Improve in FY25: CreditSights

Surya Roshni Q3 Profit Up, Revenue Down: Slow Demand Hits Pipes

ArcelorMittal Posts USD 2.966 Billion Net Loss in December Quarter

India Fastest Growing Economy: Tata Steel CEO

Tata Steel Posts Rs 522 Cr Profit in Q3

Jai Balaji Net Profit Soars 740%, Plans Rs 1000cr Capex

India's Steel Sector Recovery: Tata Steel CEO

India's Steel Sector Recovers Post-COVID: Tata Steel CEO

Steel Industry Faces Challenges in H2 FY24: Icra

Surya Roshni Q2 Profit Rises to Rs 76 Crore

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