SAIL shares drop 7% on 31% decline in Q2 profit
The decline was attributed to weaker steel prices and subdued demand leading to a lower income.
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2024 Ahoy! Bumpy ride awaits Indian steelmakers
The discounted steel from China, weak global macro-outlook and higher domestic manufacturing costs are expected to hamper the dreams of Indian steel producers.
From ₹29.85 to ₹63.65: NBCC share price doubles in a year
NBCC shares gained 13% to hit a fresh 52-week high of ₹63.65 on the BSE after it bagged an order worth ₹180 crore from SAIL.
Linde India shares jump 2% on SAIL order
Linde India was awarded an order by SAIL for installation of 1,000 tonnes per day cryogenic oxygen plant
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.
Sensex, Nifty to open tad lower; Hindalco, Coal India, IRCTC, Oil India, SAIL, IGL, HDFC shares eyed
The Sensex and Nifty are poised to slide in the opening trade on Wednesday, following weak cues from global peers as caution prevailed ahead of the U.S. inflation data.
India's great opportunity to emerge as steel export hub
Tata Steel, JSW and SAIL ramp up steel production capacities, eyeing a slice of international market also.
SMEs need reasonably priced steel: Piyush Goyal to steel majors
In a meeting held with the steel industry representatives and the actual steel users, Goyal has said that special care of MSMEs needs to be taken for easier and cost-effective supply of steel.
Environment more conducive to diversity: SAIL’s Mondal
In an exclusive interview, the chairman of Steel Authority of India, Soma Mondal, says that she looks forward to a day when leadership is discussed without any reference to gender.
