For Indian steel companies, deleveraging their balance sheets was a key theme over the last two years. Jindal Steel and Power Ltd (JSPL) is not an exception and has reduced its net…
Category: Steel
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.
With economic activity gradually picking up, domestic steel demand registered a sharp recovery last year.Dampened by rainAlthough the industry remains hopeful, steel demand, which …
Sumary of China’s property distress sours steel sector in warning sign for economy:BEIJING : Debt problems at a major Chinese property developer have now spilled over into a vital…
Steel companies’ profit will come under pressure in the December quarter as input cost has seen a sharp spike doubled with the downtrend in selling prices from the September quart…
Steel industry experts say steel has become over-inflated and volatile as a raw material. In a recent webinar facilatated by 20 Vison three industry businessmen voiced their discon…
For Immediate ReleaseChicago, IL – November 26, 2021 – Zacks. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial…
After a persistent rally, domestic steel prices are finally set to decline with a sharp fall in benchmark Chinese export prices.Moreover, the domestic demand has slowed down on exp…
FSCRIR said it had rightly predicted that prices would cool in the second half, with European and Asian prices declining, though US steel prices have begun to stabilise since Octob…
21 (Xinhua) — China’s average daily crude steel output in October 2021 hit a record low since 2018 amid the country’s bid to cut carbon emissions and gear up green transformatio…
The Richard King Mellon Foundation announced a $100 million grant to fund a center for biomedical manufacturing, the latest piece in a plan to redevelop a stretch of riverfront out…
Tata Steel has announced strong net profit in September quarter that grew 7 times on year to ₹12,548 crore.An average trader may have expected the shares to jump but it didn’t….
The collapse has led to rating agencies such as Fitch Solutions Country Risk and Industry Research (FSCRIF) downgrading iron ore outlook for this year as well as the next. Weak dem…
Right now, Wall Street is excited about steel companies and has pushed some of the most cyclical of the steel names higher. More modern technology like electric arc mini-mills, whi…
An employee monitors molten iron being poured into a container at a steel plant in Hefei, Anhui province September 9, 2013. REUTERS/StringerBEIJING/MANILA, Nov 5 (Reuters) – Benchm…
BEIJING/MANILA :Benchmark iron ore futures in China fell on Friday and logged a fourth straight weekly decline as industrial demand remained sluggish due to steel output curbs in t…