Search For "steel demand"
JSW Steel profit grows 12 pc to Rs 3,741 cr in March quarter
Updated : 2 years, 10 months ago IST
According to stock exchanges' filing, total income rose to Rs 47,427 crore from Rs 47,128 crore in the year-earlier quarter. The company also said total expenses were at Rs 43,170 crore as against Rs 41,282 crore a year earlier.
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Stainless steel demand in India seen surging through 2025: CRISIL report
Updated : 2 years, 12 months ago IST
India's demand for stainless steel, which was four million tonne in 2022, is projected to log a healthy compound annual growth rate (CAGR) of 9 per cent in the three fiscals through 2025, according to a CRISIL Ratings report.
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SAIL Q4 net profit slumps 30 pc to Rs 2,418 cr
Updated : 3 years, 10 months ago IST
New Delhi [India], May 24 (ANI): Steel Authority of India Limited (SAIL) has posted a net profit of Rs 2,418 crore for the quarter ended March 2022 as compared to Rs 3,444 crore recorded in the corresponding quarter of the previous year, posting a year-on-year decline of 29.79 per cent.
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JSP posts 20 per cent growth in steel sales in January 2022
Updated : 4 years, 1 month ago IST
New Delhi [India], February 9 (ANI): Jindal Steel and Power (JSP) on Wednesday said its steel sales in January 2022 soared to 6.95 lakh tonnes, posting year-on-year growth of 20 per cent, despite low Railway rake availability.
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JSP reports standalone net profit of Rs 1,714 cr, consolidated PAT stands
Updated : 4 years, 1 month ago IST
New Delhi [India], February 8 (ANI): Jindal Steel & Power (JSP) on Tuesday reported Rs 1,622 crore consolidated net profit for the third quarter of the current financial year while the standalone profit after tax (PAT) stood at Rs 1,714 crore during the same period.
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Moody's upgrades Tata Steel to Ba1 with stable outlook
Updated : 4 years, 6 months ago IST
Singapore, Sep 16 (ANI): Moody's Investors Service has upgraded the corporate family rating of Tata Steel Ltd to Ba1 from Ba2.
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Long steel demand to pick up with rebound in infrastructure investments: I
Updated : 4 years, 7 months ago IST
New Delhi [India], Aug 23 (ANI): The long steel product industry will be a direct beneficiary of the government's heightened immediate and medium term focus on infrastructure investments to build India out of Covid-induced economic slowdown, investment information firm ICRA has said.
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Global steel prices to average $800 per tonne in H1: Fitch
Updated : 4 years, 10 months ago IST
Singapore, May 24 (ANI): Fitch Solutions has revised up its global steel price short-term forecast to an average of USD 800 per tonne compared with USD 660 per tonne previously as the persisting mismatch between supply and demand continues to edge prices higher.
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Maithan Alloys Q4 profit up 32 pc at Rs 85 crore
Updated : 4 years, 10 months ago IST
Kolkata (West Bengal) [India], May 13 (ANI): India's largest manganese alloy producer Maithan Alloys Ltd on Thursday reported 32 per cent hike in its profit after tax at Rs 85 crore in the January to March quarter.
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Surge in iron ore prices worry China amid tensions with Australia
Updated : 4 years, 10 months ago IST
Beijing [China], May 7 (ANI): China may move towards reducing its steel demand in the near future as stakeholders in the industry are getting concerned about high iron ore prices amid growing tensions with its biggest supplier Australia.
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Union Budget's focus on infra development will boost steel demand: SAIL Ch
Updated : 5 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Steel Authority of India Limited (SAIL) Chairperson Soma Mondal on Monday lauded the Union Budget 2021-22 for focusing on the infrastructural development which will, in turn, have a positive impact on demand for steel in the country.
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JSPL clocks highest-ever quarterly standalone sales of 1.93 million tonnes
Updated : 5 years, 5 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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