Search For "steel prices"
Steel prices set to drop on weak season after two-year rally
Updated : 4 years ago IST
New Delhi [India], May 9 (ANI): Steel price, which has risen sharply in the past two years hitting a record high of Rs 76,000 per tonne in April 2022, is set to decline to Rs 60,000 per tonne by the end of the current financial year on weak seasonality with the onset of monsoon, CRISIL Resea
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Moody's changes JSW's rating outlook to positive, affirms Ba2
Updated : 4 years, 8 months ago IST
Singapore, September 13 (ANI): Moody's Investors Service has changed the outlook on JSW Steel Ltd and Periama Holdings LLC's ratings to positive from stable.
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Suzlon posts loss of Rs 79 crore, Q1 turnover at Rs 1,135 crore
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 14 (ANI): India's largest renewable energy solutions provider Suzlon has reported a net loss of Rs 79 crore in the quarter ended June on a revenue of Rs 1,135 crore.
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Steel prices improve but may face headwinds: Ind-Ra
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], May 29 (ANI): Domestic steel consumption is likely to be low over 1Q FY22 quarter-on-quarter due to the second Covid wave but not at the low levels witnessed over 1Q FY21 when there was a complete shutdown of activities, according to India Ratings and Research (
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Global steel prices to average $800 per tonne in H1: Fitch
Updated : 4 years, 12 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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JSW Steel posts highest ever profit at Rs 4,198 crore in Q4
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], May 21 (ANI): JSW Steel on Friday reported its highest ever quarterly net profit at Rs 4,198 crore for the March quarter (Q4 FY21) as compared to Rs 231 crore in the corresponding quarter of pervious year (Q4 FY20).
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JSPL reports net profit at Rs 3,426 crore for March quarter
Updated : 5 years ago IST
New Delhi [India], May 12 (ANI): Jindal Steel and Power Ltd (JSPL) said on Wednesday its profit after tax moved up to Rs 3,426 crore in the quarter ended March versus Rs 282 crore in the same period of previous fiscal.
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Tata Steel deleveraging gets steel price push: S&P
Updated : 5 years ago IST
Singapore, May 10 (ANI): S&P Global Ratings said on Monday that continued strength in steel prices will support Tata Steel's commitment to deleverage.
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Steel exports riding on rich realisations: Crisil
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], Apr 27 (ANI): Global steel prices will remain elevated in the first quarter of this fiscal due to higher realisations and new capacities coming on stream before cooling sequentially, according to Crisil.
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Vehicle price hikes to limit impact of rising costs for auto OEMs: Ind-Ra
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], February 20 (ANI): Although increasing input prices will impinge on near-term profitability of auto original equipment manufacturers (OEMs), they are likely to benefit from recent price hikes over the medium term as input prices normalise, according to India Rat
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Industries may defer steel purchases due to rising prices: Ind-Ra
Updated : 5 years, 4 months ago IST
Mumbai (Maharashtra) [India], Jan 8 (ANI): With high steel prices making operations less viable and thus less profitable, end-use industries may defer consumption slightly, India Ratings and Research (Ind-Ra) said on Friday.
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Steel oversupply to drive price correction in Q2 FY21: Ind-Ra
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 4 (ANI): Steel prices could fall further in coming weeks as domestic production will gradually increase with the easing of lockdown restrictions along with no corresponding increase in demand, according to India Ratings and Research (Ind-Ra).
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