Freight Traffic Growth Hit; Is Slowdown On The Cards?
As railways mirror the pulse of industrial traction, it seems the once-steady drivers of growth are now losing steam.
iron ore
November 2024
September 2023
June 2023
November 2022
October 2022
May 2022
March 2022
Smouldering Hot – For Now
India's biggest iron ore producer NMDC, has hiked prices for the first time in the current fiscal (FY24).
India's goods exports fall 10.3% in May
The decline in trade was attributed to a drop in consumer spending across advanced nations due to persisting geopolitical tensions and monetary tightening induced recessionary fears.
Govt scraps export duty; here’s how steel stocks reacted
Shares of JSW Steel, Hindalco, Tata Steel, Jindal Steel & Power dropped up to 2% even after the government rolled back export duty on steel and iron ore products.
NMDC gets MCA approval for demerger of steel unit; stock rises 1%
The Ministry of Corporate Affairs on Tuesday approved the demerger of NMDC Steel from NMDC
NMDC’s Iron Man
Sumit Deb led the company’s ambitious expansion plans and tapped the post-Covid commodity super cycle.
Steel stocks tumble as govt imposes export duty
The government on Saturday hiked export duty on a range of finished steel products and iron ore.
Manufacturers need to ensure India's minimum reliance on global markets: PM Modi
PM Modi said it is a strange situation that iron ore is exported from India, which subsequently imports steel products from the same countries where iron ore is exported.
