Industries may defer steel purchases due to rising prices: Ind-Ra

Jan 08, 2021

Mumbai (Maharashtra) [India], Jan 8 : With high steel prices making operations less viable and thus less profitable, end-use industries may defer consumption slightly,...

September price hike of Chinese steel will provide relief for Indian manufacturers: Report

Oct 08, 2024

The recent increase in Chinese steel prices may give some relief to Indian steel makers. A report by Axis Securities highlights that Chinese hot-rolled...

Sponge iron from magnetite - A novel process developed in India

Oct 12, 2021

New Delhi [India], October 12 (ANI/PNN): With India eyeing record Steel exports in FY22, the Indian Steel Industry is quickly becoming hot property. Along...

Soaring costs to hit 25 GW of solar projects in India

May 25, 2022

New Delhi [India], May 25 : A sharp increase in the prices of solar modules and commodities such as steel, together with rising freight...

Cooking gas prices in India lower than in most producing nations: Hardeep Puri

Mar 09, 2024

India did not put the burden of rising energy prices on its citizens when global prices of LPG skyrocketed

Falling steel prices amid Chinese export surge, to reduce profits of companies in Q3 FY25: Report

Nov 25, 2024

Steel companies in the country are likely to face margin pressure in the third quarter of FY25 as muted steel prices compress spreads, according...