HRC prices rise on seasonal demand; Coking coal surges

Seasonal demand and improved inventory drawdown have pushed Indian Hot Rolled Coil (HRC) prices upward, even as...

ICICI Securities sees Steel EBITDA rising up to 10%

ICICI Securities noted that EBITDA per tonne for spot steel has already risen by Rs 2,500-3,000, with a sharper...

India imposes up to 12% safeguard duty on select steel imports

The government has imposed a safeguard duty on certain non-alloy and alloy steel flat products to protect the...

Indian steel exports expected to moderate as global orders dry up

Indian steel exports are expected to see less growth in the coming months as overseas orders start to dry up....

Indian steel makers to face earnings pressure in Q2 FY26

Indian steel manufacturers are expected to face pressure on earnings in Q2 FY26 due to falling steel prices, with...

September price hike of Chinese steel will be a relief for India

The recent increase in Chinese steel prices may give some relief to Indian steel makers. A report by Axis Securities...

India's steel makers optimistic about domestic demand

Despite a slowdown in exports and increasing Chinese steel output impacting India's share in the markets, steel...

19 injured in gas leak at Tata Steel plant in Odisha's Dhenkanal

As many as 19 workers sustained burn injuries following an accident reported at a blast furnace of Tata Steel's hot...

Material prices fall sharply on concerns about Chinese slowdown

Hot rolled coils listed on the Shanghai Commodity Futures Exchange hit a five-month low of 3,928 yuan (USD 568) per...

ICRA upgrades steel sector's outlook due to improving demand...

New Delhi [India], December 15 (ANI): Investment information firm ICRA has upgraded its outlook for the Indian steel...

Steel oversupply to drive price correction in Q2 FY21: Ind-Ra

Mumbai (Maharashtra) [India], July 4 (ANI): Steel prices could fall further in coming weeks as domestic...

Higher gross spreads expected in steel sector over H2 FY20: Ind-Ra

Mumbai (Maharashtra) [India], Jan 2 (ANI): India Ratings and Research (Ind-Ra) said on Thursday that domestic steel...