Search For "steelmakers"
Safeguard duty spurs upgrade as ICICI Securities sees Steel EBITDA rising
Updated : 4 months, 3 weeks ago IST
ICICI Securities noted that EBITDA per tonne for spot steel has already risen by Rs 2,500-3,000, with a sharper improvement expected from Q4FY26 onwards, following a weak third quarter.
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Import curbs on Low Ash Metallurgical Coke raise steel prices in India: GT
Updated : 4 months, 4 weeks ago IST
"While the government protects domestic steelmakers through high safeguard and anti-dumping duties and Quality Control Orders on finished steel imports, it simultaneously restricts access to Low Ash Metallurgical Coke (LAM Coke), a non-substitutable input that accounts for 35-40% of steel pr
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ICRA flags margin pressure for steelmakers despite 8% demand growth in FY2
Updated : 5 months, 1 week 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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AM/NS India Launches Magnelis® - Unique Import Substitute to Power In
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], September 20: ArcelorMittal Nippon Steel India (AM/NS India) - a joint venture between ArcelorMittal and Nippon Steel, two of the world's leading steelmakers - announces the launch of Magnelis®, a globally recognised steel brand with unparalleled corrosion
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AM/NS India launches Optigal®, world-class product with longest warra
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], August 23: ArcelorMittal Nippon Steel India (AM/NS India) - a joint venture between ArcelorMittal and Nippon Steel, two of the world's leading steelmakers -announces the launch of Optigal® - a world-class colour coated steel brand with an innovative Zinc-
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ArcelorMittal Nippon Steel India Targets a Reduction in Emissions Intensit
Updated : 2 years, 3 months ago IST
Mumbai (Maharashtra) [India], February 5: ArcelorMittal Nippon Steel India (AM/NS India) - a joint venture between ArcelorMittal and Nippon Steel, two of the world's leading steelmakers - in its first Climate Action Report published today has outlined immediate actions to accelerate and deca
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ArcelorMittal Nippon Steel India and Festo India to collaborate on higher
Updated : 2 years, 10 months ago IST
Bengaluru (Karnataka)/ Ahmedabad (Gujarat) [India], July 6: ArcelorMittal Nippon Steel India (AM/NS India) - a joint venture between ArcelorMittal and Nippon Steel, two of the world's leading steelmakers - and Festo India, the world's leading manufacturer and supplier of automation technolog
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Jindal Steel & Power honoured for COVID-19 relief work
Updated : 4 years, 2 months ago IST
Bhubaneswar (Odisha) [India], March 21 (ANI): Jindal Steel & Power (JSP), one of India's leading steelmakers, on Monday said it has been honoured with CSR Excellence Award for its multidimensional initiatives in supporting the community and government to fight the COVID-19 pandemic.
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Asian steel companies to start the new decade on negative footing: Moody's
Updated : 6 years, 5 months ago IST
Singapore, Dec 3 (ANI): Moody's Investors Service on Tuesday said that its 2020 outlook for the Asian steel sector is negative, reflecting weakening profitability for rated steelmakers amid softening demand, declining steel prices and elevated iron ore prices which is a key input in finished
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Pradhan urges steelmakers to adopt green practices, boost production
Updated : 6 years, 6 months ago IST
New Delhi [India], Nov 21 (ANI): The steel industry must adopt environment-friendly practices and boost production so that India can realise the vision of becoming a five trillion dollar economy in the next five years, Union Minister Dharmendra Pradhan said on Thursday.
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Challenging environment to dent profitability of domestic steel makers in
Updated : 6 years, 8 months ago IST
New Delhi [India], Sept 18 (ANI): The domestic steel consumption growth is expected to decelerate to about 5 to 6 per cent in the current financial year as compared to 7.9 per cent in FY19 on the back of an unprecedented slowdown in economic activity as reflected by the GDP growth tapering d
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Construction sector to lead recovery in steel demand: ICRA
Updated : 6 years, 11 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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