Search For "steel demand"
Weak outlook for property developers to affect cement and steel demand: Fi
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 16 (ANI): Fitch Ratings said on Wednesday it expects weak property demand and a sluggish construction cycle to cause India's cement consumption to drop by more than 15 per cent in the current financial year as more than 65 per cent of domestic cement demand
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Fitch downgrades ratings of JSW Steel, Tata Steel with negative outlook
Updated : 5 years, 10 months ago IST
Singapore, May 25 (ANI): Fitch Ratings has downgraded issuer default ratings (IDRs) of JSW Steel and Tata Steel to BB-minus from BB after completing a portfolio review.
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Fitch revises outlook on JSW Steel to negative from stable
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 26 (ANI): Fitch Ratings has revised the outlook on JSW Steel's (JSWS) long-term issuer default rating (IDR) to negative from stable and affirmed the IDR at BB.
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Higher gross spreads expected in steel sector over H2 FY20: Ind-Ra
Updated : 6 years, 2 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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Tata Steel plans to cut 3,000 European jobs, outlines transformation propo
Updated : 6 years, 4 months ago IST
London [Britain], Nov 19 (ANI): Tata Steel has unveiled restructuring and cost-cutting plans for its Europe business which include slashing up to 3,000 jobs amid weakening demand and soaring expenses.
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Graphite India Q2 net profit falls by 83 pc to Rs 185 crore
Updated : 6 years, 4 months ago IST
Kolkata (West Bengal) [India], Oct 30 (ANI): Graphite India on Wednesday reported 83 per cent fall in its consolidated net profit at Rs 185 crore in the quarter ending September quarter due to lower realisations.
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India's steel demand to rise in H2 with uptick in automobile and infrastru
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 16 (ANI): The steel demand in India is expected to accelerate after the completion of monsoon season as construction activities will see a pickup in pace," Care Ratings said on Friday.
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Construction sector to lead recovery in steel demand: ICRA
Updated : 6 years, 9 months ago IST
New Delhi [India], June 5 (ANI): While the performance of domestic steelmakers is likely to be lower in the first quarter of the current financial year as compared the previous year due to several headwinds, the construction sector will be at the forefront of demand recovery in the second ha
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Rishabh Digha Steel, Allied Products announce 20% dividend
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 10 (NewsVoir): Despite recessionary trends and weak steel demand, Rishabh Digha Steel and Allied Products have maintained a 15 year track record of regular dividend to its shareholders since 2004.
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