Steel News and Analysis from varies commodity news media, we summarize all Steel news into a sitemap summary with link to related Steel News for the one who wanted to catch up Steel price change in timely manner.
Spanish billionaires are beginning to emerge relevant stakes in Sicavs in Luxembourg, one of the favorite territories of great fortunes to diversify their assets.. The last to do so was Jon Riberas, one of the owners of the…
Most of them are still available at 4.5 to 5 times EV to EBITDA and the peaks are around 6-7 times for various companies, says Nischal Maheshwari, CEO, Centrum Broking.. Is record high EBITDA going to continue for steel companies…
However, if you are already invested in these companies, then remain invested because there is a very strong momentum which is lifting these shares at this point of time, says Dipan Mehta, Director, Elixir Equities.It is…
Benchmark equity indices ended considerably off their day high today on likely profit booking by some short-term investors and impact of the expiry of the weekly options contracts.. Earlier in the day, benchmark indices rose…
In a statement, the JSW Group company said it had produced 3.97 MT steel during the same quarter of financial year 2019-20.. JSW Steel on Thursday reported nearly 6 percent year-on-year increase in its output at 4.19 million…
The owner of the Whyalla steel mill says it is close to sealing a refinancing deal with a new group of lenders that may quell a push by its major creditor Credit Suisse to place the business into liquidation.. Billionaire…
The relative success of Sanjeev Gupta’s Whyalla operations has some locals hopeful that legal action against the billionaire will not leave them without jobs, but other are less convinced.. A creditor has called for Sanjeev…
For further extension or further increase in production, without spending or putting any capex, we feel that we will be in a position to deliver about 9 million tonne from our plants and that is the ultimate goal, said VR…
British billionaire Sanjeev Gupta’s Australian corporate empire could be broken up after a major bank launched legal action.. A claim has been filed to wind up Sanjeev Gupta’s Australian operations It comes after the collapse…
Over the past 12 months, there has been much talk among investors about the eye-popping returns delivered by Tata Steel and Steel Authority of India (SAIL).. Analysts believe the company is just shifting into higher gears…
The company clocked its best ever quarterly sales at 4.27 million tonnes (MT) during the March quarter of the last fiscal year, up 14 percent over the year-ago period.. SAIL | The government will sell up to 10 percent stake…
Metal stocks have been hogging the limelight for a year as the increasing pace of economic recovery has augmented the demand scenario for the sector.. In the last two weeks, the Nifty Metal index has gained 9 percent, significantly…
China steel mills can meet their goal of reducing carbon emissions if the industry is willing to accept the high cost of improving the efficiency of production, according to analysts.As the largest crude steel producer and…
India’s crude steel output fell by 1 per cent to 19.1 million tonnes (MT) during the first two months of 2021, according to worldsteel.. The production for the 64 countries reporting to the worldsteel was 313.1 MT in January-February…
Article content BEIJING — Benchmark iron ore futures in China rose on Friday after September delivery took over as the most-traded contract, but were on course for 10% decline this week on production curbs, while steel…
Two days after the curtain fell on this year annual meetings of China legislature and its top political advisory body, the country top environmental official traveled through a blanket of smog that marred much of the event…
The resilience shown by shares of steel companies in the ongoing correction in the market is leading to optimism among investors and analysts that the rally in the space may have more legs going ahead.. While the Nifty50…
However, if you look at the global steel prices — not US and Europe which are in their own trajectory — of geographies such as South Korea, Japan and even regional prices, all have gone up by 16-17%.. But now as a result…
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