Steel

In a big relief to steel manufacturers, India imposes tariffs on cheap imports from China

India, the world’s 2nd largest crude steel producer, has been grappling with a flood of low priced steel imports from China, raising anti dumping concerns and putting pressure on domestic producers.

Trump signs order to double US steel, aluminium tariffs to 50%: Here's how it will impact India

India has already issued a formal notice at the World Trade Organization (WTO) signalling its intention to impose retaliatory tariffs on US goods in response to the earlier steel tariffs.

FII-backed stock in focus after receiving BIS approval - Check details

Also, the company has now got approval for manufacturing entire range / spectrum of SS 550 and SS 500 Reinforcement Stainless Steel Bars, ranging from 8 mm diameter to 32 mm diameter.

STEL shares information related to change in its rating - Check details

Earlier, the company reported a net profit of Rs 16.76 crore in the October-December period of the preceding 2023-24 financial year, the company said in an exchange filing.

Donald Trump doubles planned tariffs on Canadian steel, aluminium to 50 pc as trade war intensifies

Trump has tried to assure the public that his tariffs would cause a bit of a “transition” to the economy, with the taxes prodding more companies to begin the years-long process of relocating factories to the United States to avoid the tariffs.

How did a 660-tonne steel pendulum protect Taiwan's largest skyscraper during 7.4 earthquake?

Taiwan was struck by its most powerful earthquake in 25 years on Wednesday that killed ten people and injured over 1,000. However, due to its effective disaster response training and laws, the earthquake did fairly minimal damage to life and property.

Vibhor Steel Tubes IPO: Check issue size, GMP, reservations and more

The company manufactures and exports mild steel and carbon steel ERW black and galvanised pipes, hollow steel pipes, and cold-rolled steel (CR) strips and coils.

JSW Steel crude steel production rises 12 per cent YoY in Q3 

JSW Steel witnessed a 9 per cent year-on-year increase in crude steel production at its Indian operations, at 6.63 million tonnes while its USA-Ohio operations saw a 191 per cent surge in crude steel production year-on-year, totaling 0.24 million tonnes.

Steel pipes maker reports impressive Q2 results with over two-fold surge in net profit

A leading player in the steel and structural products industry recorded a surge in total income during the quarter, reaching Rs 746.73 crore, compared to Rs 599.40 crore in the year-ago quarter, signaling substantial revenue growth.

Multibagger metal stock reports over 34% rise in Q2 profit

Despite the global steel market's unpredictability, Indian steelmakers are expected to perform well due to increased infrastructure development, urbanization, and favorable policy reforms boosting domestic steel demand.

Abhay Lodha of Topworth: Green Steel Advances India’s Roadmap to a Greener Future

Multibagger steel stock logs over 30% jump in revenue in June quarter amid firm domestic demand

The revenue from operations came in at Rs 312.52 crore in the quarter as against Rs 240 crore reported in the corresponding quarter of the last year.

Stock market: Small cap metal stock posts robust earnings in Q1 as steel demand bounces back

According to an exchange filing, the quarterly net profit came stood at Rs 8.02 crore. It had posted a net profit on consolidated basis at Rs 4.48 crore, according to an exchange filing by the company.

Bonus stock: Steel pipes maker JTL Industries declares 1:1 bonus issuance in Q1 results

Bonus shares are additional shares that listed companies issue to existing shareholders at no cost. The exercise is done under the guidelines of the SEBI. It increases liquidity and encouraged retail participation.

Eight key infrastructure sectors growth healthy but slower from last year

The output growth of the eight sectors slowed down to 5.8 per cent in April-June 2023-24 against 13.9 per cent in the year-ago period.

Friends insert steel glass in man's rectum at party; Here is what happens next

The man's stomach started swelling and he could not defecate since the incident. Worried about his condition, his family members rushed him to MKCG Medical College and Hospital in Berhampur city.

Salasar Techno Engineering receives orders worth Rs 1,182 cr in FY22

New Delhi-based Salasar Techno Engineering carries out engineering, designing, procurement, fabrication, and galvanization work for telecom players.  

Core sector growth slows down to 4.3 percent in March as compared to 10.4 percent last year

The growth in the production of natural gas, steel, cement and electricity slowed down to 7.6 per cent, 3.7 per cent, 8.8 per cent and 4.9 per cent during the month

Tata Steel CEO TV Narendran resigns as ISA President

Tata Steel CEO and Managing Director T V Narendran has stepped down as President of the Indian Steel Association (ISA) months before the end of his term, according to the steelmaker.

Indian-origin restaurateur uses steel tiffins on recycling mission in UK

An Indian-origin restaurateur, who runs an Indian restaurant in northern England, has been inspired by his father’s decades' old stainless steel tiffin box to launch a takeaway system not reliant on plastic.