Page 12 of Steel

China accuses US of hampering trade with steel duties

China accused the United States on Thursday of hampering trade after Washington imposed duties of up to 450 per cent…

May 26, 2016 13:02 IST

Steel MIP to remain for entire six-month term

Imposed in early February to rein in rising imports, the minimum import price (MIP) on steel will remain valid for…

April 27, 2016 05:20 IST

Steel firms unlikely to get financial package from govt

With the financial health of steel companies getting better, helped by lower imports and a spurt in demand, their plea…

Updated: April 8, 2016 11:46 IST

Fresh demand needed to enable steel sector pay off loans

The precarious scenario on the loan repayment ability of steel producers has prompted the government to introduce a series of…

Updated: March 29, 2016 02:15 IST

Steel production falls 2.4% to 14.3 MT in January-February

During the whole of 2015, India’s steel production posted a positive growth of 2.6% to stand at 89.6 MT, even…

March 23, 2016 00:10 IST

Steel price rise not sustainable without growth in demand

The steep rise in iron ore prices appears to be speculative and must come down in the coming days at…

March 15, 2016 00:07 IST

Glimmer of hope for steel industry in coming financial year

One unique feature of this year’s Budget is that while it does not have a major direct impact on any…

March 9, 2016 00:03 IST

Forging industry demands transparency in steel pricing

The Association of Indian Forging Industry (AIFI), the apex body of the sector and a key player in the auto…

February 27, 2016 00:04 IST

Metal stocks: Tata Steel and SAIL shares gain over 4% after govt imposes MIP on 173 steel products

Metal stocks in India: Tata Steel and SAIL shares were trading in green on Monday after the government imposed a…

February 8, 2016 12:55 IST

JSW Steel Q3 consolidated net loss at Rs 923 crore

JSW Steel today reported consolidated net loss of Rs 923 crore in the third quarter of 2015-16 due to impairment…

January 29, 2016 21:23 IST

jindal steel, metal stocks, vedanta, tata steel

No decision yet on minimum import price for steel

The government has not yet decided on fixing minimum import price (MIP) for steel, Commerce Secretary Rita Teaotia said today.

January 27, 2016 14:29 IST

Lakshmi Mittal firm mothballs Spanish steel plant

Leading NRI billionaire Lakshmi N Mittal’s ArcelorMittal has decided to mothball one of its plant in Spain, citing “extremely adverse”…

January 26, 2016 18:58 IST

Allow steel industry to participate in all infrastructure projects

The steel industry would need a commitment from the government to get it involved in all the new investment projects…

January 26, 2016 00:08 IST

Govt yet to decide on MIP for steel

The government hasn’t yet decided on whether to fix a minimum import price (MIP) for steel, as it is in…

January 19, 2016 01:31 IST

Steel prices remain flat in thin trade

There was not much activity at the wholesale steel market in the national capital on Saturday as prices moved in…

January 17, 2016 01:54 IST

Govt may set up funding agency for steel sector

Proposed entity could have an initial corpus of Rs 2,500 crore

January 14, 2016 00:57 IST

Current scenario needs steel awareness campaign

More than the demand growth, the steel industry in the country has to counter the declining trend in steel intensity…

January 13, 2016 00:02 IST

Ministry to propose increasing peak customs duty on steel to 25%

Going ahead with industry’s persisting demand for reining in the rising imports at predatory prices, the steel ministry will propose…

Updated: January 12, 2016 08:03 IST

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Market cues this week: TCS earnings, economic data, global trends likely to be key drivers

Market2 hr ago

This week, the equity market is expected to be influenced by macroeconomic data, global trends, and TCS earnings. FPIs have been selling Indian equities and the focus will be on TCS earnings and US macro updates. The IT sector, specifically TCS, will be in the spotlight due to layoffs, visa fee hikes, and outsourcing taxes. The rupee’s movement against the US dollar will also be closely watched.

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