Mon, Oct 21, 2024
The Ministry of New and Renewable Energy said in the statement that the government will provide Rs 347 crore for the pilot projects, which are likely to be commissioned in the next three years.
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Thu, Oct 17, 2024
Jindal Stainless Ltd (JSL) on Thursday reported a 20 per cent fall in consolidated net profit at Rs 609.42 crore during the quarter ended September 2024 due to increased input costs. It had posted a net profit of Rs 764.03 crore in the July-September period of the preceding 2023-24 fiscal, the company said in an exchange filing.
Fri, Aug 16, 2024
Metals are back on the rise again, 1.5-2.5% rise in all base metals, chances of first weekly strength in Copper after 6 weeks, Zinc and Aluminum on LME at 1 month high, why did the shine of metals increase? Know complete details.
Fri, Jul 19, 2024
The project will be set up on the surplus land available with the company at its existing facilities at Ghaziabad, Uttar Pradesh.
Tue, Jul 16, 2024
Fall in metals from upper levels in markets around the world. Steel rebar at March 2020 low. HRC steel at 1.5 year low. LME copper fell $120, below $9800. What is the reason for this decline? Know complete details.
Fri, May 17, 2024
Steel Secretary Nagendra Nath Sinha said that the policy may be cleared over the next three months.
Mon, Feb 26, 2024
Increase in steel exports, steel exports at the highest level in 18 months in January, steel exports of 1.1 mn tonnes in January, exports increased due to good demand from Europe
Thu, Jan 25, 2024
The company's EBIDTA (earnings before interest, depreciation, tax and amortisation) shot up by 57.9 per cent to Rs 7,180 crore.
Sat, Jan 20, 2024
Tata Steel announced shutting down Port Talbot's blast furnaces for a green steel transition, impacting 2,800 jobs. The phased closure begins mid-2024, with £130 million allocated for affected employees. The stock rose despite potential job losses.
Tue, Dec 12, 2023
Oman's import duty ranges from 0 to 100 per cent along with the existence of specific duties. 100 per cent duty is applicable on specific meats, wines and tobacco products.
Sun, Nov 26, 2023
India's crude steel production is expected to be at 210 MT by 2030, 45 per cent higher than production levels of 2023. Many countries, including China, will show a fall in steel production as compared to their current production levels, the report said.
Tue, Oct 31, 2023
The greenfield facility is proposed to be established to manufacture multiple ranges of products, the company added.
Tue, Oct 03, 2023
The growth was driven by steady demand for structural steel tubes and pipes in both domestic and international markets, JTL Industries said in a BSE filing.
Mon, Sep 18, 2023
Tata Steel has a big agreement with the UK government. Big investment in UK's Wales plant, How will the deal proceed? How much profit does Tata Steel get?
Tue, Sep 12, 2023
China was the second biggest steel exporter to India, after South Korea, selling 0.6 million metric tons, up 62 per cent from the same period a year earlier.
Thu, Aug 10, 2023
Notably, the growth of the manufacturing sector in the country was adversely affected due to the Covid-19 pandemic, which has now shown positive growth in double digits and boosted the economy.
Fri, Apr 14, 2023
Clarifying some media reports regarding the hold on the disinvestment process of the state-owned steel maker, the ministry, in a statement, said that the disinvestment process of RINL is in progress.
Mon, Jan 16, 2023
India's trade defence wing (TDW) has held bilateral meetings at WTO and argued against the extension of CVD against Indian exporters
Wed, Dec 21, 2022
Supported by the government's infrastructure-led growth model, domestic finished steel demand has registered a double-digit growth of 11.9 per cent in the first eight months of the current fiscal, the ratings agency said in a report on Wednesday.
Wed, Nov 16, 2022
According to sources, any big change related to duty is not on the cards ahead of the budget. This is because the government will have to make calculations on the amount that it may have to forego in the event of exemption and it will be difficult now to go ahead with the review
Fri, Sep 09, 2022
Coimbatore Corporation Contractors Welfare Association filed a petition before the Madras HC seeking a CBI (Central Bureau of Investigation) probe against the steel companies
Thu, Jun 16, 2022
Union Minister of Steel Ram Chandra Prasad Singh on Wednesday inaugurated the first six lane highway road made by using Steel Slag at Surat, Gujrat to connect the port with the city. While inaugurating the road, the Minister stressed upon the need to promote circular economy and resource efficie
Tue, Apr 12, 2022
Union steel ministry has asked the finance ministry to remove the basic customs duty on ferronickel, a key raw material for stainless steel makers, a senior government official said on Tuesday.
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