South Asia Steel News Reports.

Hot stocks: Brokerage view on Titan, Dabur, JSW Steel and Marico
china jsw market steel
Thu, 03 Oct 2024 00:00:00 GMT
Morgan Stanley and Investec have given mixed ratings on companies like Titan, Dabur, Marico, and JSW Steel. Titan and Marico get equal-weight ratings with potential growth driven by demand. Dabur faces declines in sales and EBIDTA, while JSW Steel sees positive signs due to market conditions and a China


Indian steel majors best-placed producers globally: Nomura
india jsw steel
Thu, 03 Oct 2024 00:00:00 GMT
India's steel industry is projected to expand by 23 million tonnes between FY24 and FY27, driven by major players like JSW and JSPL. Despite significan't capacity additions, demand is expected to outpace supply, improving the domestic supply-demand balance and reducing reliance on


Indian steelmakers seek higher tariffs as Chinese imports surge
india steel trade
Fri, 27 Sep 2024 00:00:00 GMT
Indias steelmakers have called on the government to double tariffs on steel imports to curb a surge in cheaper steel shipments from China, according to a letter from an industry association seen by Reuters - . The worlds second-biggest crude steel producer became a net importer of the alloy in the fiscal year through March 2024 and the trend has continued into the current year. Finished steel imports from China hit a seven-year high over April-August while overall finished steel imports hit a


Tata Steel Nederland cuts costs amid market weakness
market steel tata
Fri, 27 Sep 2024 00:00:00 GMT
Tata Steel Nederland says it is tightening the belt by means of cost-cutting measures to cope with...


NMDC eyes 50 MT iron ore output in FY25
iron ore nmdc production
Thu, 26 Sep 2024 00:00:00 GMT
State-owned NMDC that clocked record 45 million tonne iron ore output last fiscal is eyeing 50 MT in FY25, Chairman and Managing Director Amitava Mukherjee said. Gearing up to deliver 50 MT of iron ore in FY25 journey from hereon will be guided by an ambitious growth strategy. The company is investing in capacity expansion and new infrastructure to augment capacity to 72 MT from existing iron ore mines while also developing NCL (NMDC CMDC Ltd) JV mines to contribute another 28 MT, he told


New decoiling line for Tata Steel plant in Maastricht
steel tata
Tue, 24 Sep 2024 00:00:00 GMT
Tata Steel Nederland announces the inauguration of a new decoiling line at its Feijen steel service...


Tata Steel commissions Indias largest blast furnace at Kalinganagar
india investment steel tata
Sat, 21 Sep 2024 00:00:00 GMT
Tata Steel today successfully commissioned Indias largest blast furnace at Kalinganagar, Odisha. With a total investment of Rs 27,000 crore, the Phase II


Jindal Steel Bets Big on Green Hydrogen
ghg india investment jspl steel
Tue, 17 Sep 2024 00:00:00 GMT
Jindal Steel (JSPL) and Jindal Renewables (JRPL) have announced a landmark Memorandum of Understanding (MOU) to implement Indias biggest investment in green


Breaking Barriers Dr Dasari Radhika of RINL receives the prestigious ...
india rinl steel
Wed, 04 Sep 2024 00:00:00 GMT
At the Indian Steel Conclave 2024 held at New Delhi, today, the Indian Steel Association (ISA) has presented the prestigious 'Gender Diversity award' to Dr. Dasari Radhika, DGM (HR), RINL, the


RINL collective takes Pledge to Achieve Zero Demurrage in a United ...
india rinl steel
Mon, 02 Sep 2024 00:00:00 GMT
In a concerted move towards enhancing operational efficiency and reducing expenditure, the leadership of RINL, the corporate entity of Visakhapatnam Steel Plant, came together for a Zero Demurrage


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