Search For "domestic steel demand"
ICRA flags margin pressure for steelmakers despite 8% demand growth in FY2
Updated : 5 months ago IST
Domestic steel demand is expected to remain healthy at around 8 per cent in FY2026; however, continued weakness in steel prices is likely to keep operating margins of steel producers under pressure, according to a report by rating agency ICRA.
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JSPL clocks highest-ever quarterly standalone sales of 1.93 million tonnes
Updated : 5 years, 7 months ago IST
New Delhi [India], October 6 (ANI): Jindal Steel and Power Ltd (JSPL) recorded 30 per cent year-on-year growth in consolidated steel sales of 2.41 million tonnes in the second quarter of current financial year as compared to 1.85 million tonnes in Q2 FY20.
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Higher gross spreads expected in steel sector over H2 FY20: Ind-Ra
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Jan 2 (ANI): India Ratings and Research (Ind-Ra) said on Thursday that domestic steel demand showed improvement in the third quarter of current fiscal year and can further pick up in the fourth quarter (January to March).
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