Iron And Steel Sector
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Indian Iron Ore And Steel Stocks Slump, Autos Rise After Export Tax Hikes
Shares in Indian steel and iron ore groups including Tata Steel and JSW Steel slid on Monday at the steepest pace since early 2020 after the government imposed heavy export taxes on the sector, while carmakers rose on lower input costs.
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Indian Iron Ore And Steel Stocks Slump, Autos Rise After Export Tax Hikes
Shares in Indian steel and iron ore groups including Tata Steel and JSW Steel slid on Monday at the steepest pace since early 2020 after the government imposed heavy export taxes on the sector, while carmakers rose on lower input costs.
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Tatas In Talks With West Bengal Government For Big Ticket Investments
One of the biggest business conglomerates in India, the Tatas, are in talks with the West Bengal government over big ticket investments in the state.
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Jindal Shadeed All Set To Tap $6 Billion Construction Market in GCC
Anticipating pick-up in demand in construction and road sector in the GCC region, industrialist Naveen Jindal feels Jindal Shadeed Iron and Steel (JSIS) with its 1.4 MTPA rebar facility is all set to take advantage of the dollar 6 billion market opportunity in the region.
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Low Steel Prices to Continue in 2016: ArcelorMittal
Steel and iron ore prices are sensitive to trends in cyclical industries, it said.
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Steel Makers Urge Government to Extend Relief Package
Most companies in the sector are likely to default on their loans.
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Refineries, Metals, Fertilisers to Bear Brunt of Rupee Fall: Care
While the sharp rupee fall has helped the IT, pharmaceuticals, textiles and two-wheeler segments, the five most vulnerable sectors are refineries, iron and steel, fertilisers, aluminium and power, rating agency Care said on Tuesday.
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Government Plans to Auction Iron Ore, Bauxite Minerals
In a bid to bring in reforms in the mining sector and enhance transparency, the government plans to auction minerals such as iron ore, bauxite and manganese, Parliament was informed on Wednesday.
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How Chinese imports are fuelling expansion at top miners
Commodities such as copper and rubber have been commonly used for financing in China, but Beijing's tightening of lending in sectors plagued by overcapacity such as steel has made it harder to secure bank loans, spurring financing demand for iron ore, according to industry sources familiar with the practice.
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Panel recommends deallocation of 12 coal blocks allotted to private sector, government accepts recommendations
The government has accepted IMGs recommendations, sources said. The ministerial panel was constituted on July 3, 2012, to review the progress of the coal blocks allotted to private and public sector firms.
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Indian Iron Ore And Steel Stocks Slump, Autos Rise After Export Tax Hikes
Shares in Indian steel and iron ore groups including Tata Steel and JSW Steel slid on Monday at the steepest pace since early 2020 after the government imposed heavy export taxes on the sector, while carmakers rose on lower input costs.
-
Indian Iron Ore And Steel Stocks Slump, Autos Rise After Export Tax Hikes
Shares in Indian steel and iron ore groups including Tata Steel and JSW Steel slid on Monday at the steepest pace since early 2020 after the government imposed heavy export taxes on the sector, while carmakers rose on lower input costs.
-
Tatas In Talks With West Bengal Government For Big Ticket Investments
One of the biggest business conglomerates in India, the Tatas, are in talks with the West Bengal government over big ticket investments in the state.
-
Jindal Shadeed All Set To Tap $6 Billion Construction Market in GCC
Anticipating pick-up in demand in construction and road sector in the GCC region, industrialist Naveen Jindal feels Jindal Shadeed Iron and Steel (JSIS) with its 1.4 MTPA rebar facility is all set to take advantage of the dollar 6 billion market opportunity in the region.
-
Low Steel Prices to Continue in 2016: ArcelorMittal
Steel and iron ore prices are sensitive to trends in cyclical industries, it said.
-
Steel Makers Urge Government to Extend Relief Package
Most companies in the sector are likely to default on their loans.
-
Refineries, Metals, Fertilisers to Bear Brunt of Rupee Fall: Care
While the sharp rupee fall has helped the IT, pharmaceuticals, textiles and two-wheeler segments, the five most vulnerable sectors are refineries, iron and steel, fertilisers, aluminium and power, rating agency Care said on Tuesday.
-
Government Plans to Auction Iron Ore, Bauxite Minerals
In a bid to bring in reforms in the mining sector and enhance transparency, the government plans to auction minerals such as iron ore, bauxite and manganese, Parliament was informed on Wednesday.
-
How Chinese imports are fuelling expansion at top miners
Commodities such as copper and rubber have been commonly used for financing in China, but Beijing's tightening of lending in sectors plagued by overcapacity such as steel has made it harder to secure bank loans, spurring financing demand for iron ore, according to industry sources familiar with the practice.
-
Panel recommends deallocation of 12 coal blocks allotted to private sector, government accepts recommendations
The government has accepted IMGs recommendations, sources said. The ministerial panel was constituted on July 3, 2012, to review the progress of the coal blocks allotted to private and public sector firms.
