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India's trade imbalance in steel climbs as Chinese imports spike, exports drop

India's steel trade deficit has increased to ₹4,284 crore in the first two...

27 Jun 2024 11:12 AM IST Ferrous

India's MSL to invest $24 million to manufacture ERW steel pipes

Maruti Steel Limited (MSL), an Indian manufacturer of steel pipes and tubes...

26 Jun 2024 05:42 PM IST Large Corporate

Aluminium fell as China’s macroeconomic data continues to disappoint

Aluminium prices dropped by -0.44% to settle at 228.3 amid persistent capit...

26 Jun 2024 04:30 PM IST Non-Ferrous

Indian steel spreads will decrease in the June quarter, with a boost for pellet makers: InCred

InCred, an analyst organisation, predicts that domestic steel spreads in In...

26 Jun 2024 03:11 PM IST Ferrous

Major Indian automakers plan additional capacity of 3 million per annum

According to data from CRISIL Intelligence and Analytics, nine major Indian...

26 Jun 2024 12:46 PM IST Automobiles

India to construct nine coal-washing plants to boost supplies to steel sector

Government-run coal India Limited (CIL) announced plans to construct and op...

26 Jun 2024 11:39 AM IST Ferrous

Weak steel demand in China further drags down iron ore prices

Iron ore futures prices fell for the fourth week in a row, weighed down by...

26 Jun 2024 11:01 AM IST Ferrous

Maiki South Mining secures India's first Lithium and REE blocks of Chhattisgarh with FPO of 76.05%

Union Minister G Kishan Reddy awarded Maiki South Mining Private Limited th...

25 Jun 2024 04:31 PM IST Notification

DGTR for continuation of anti-subsidy duty on certain type of steel pipes, tubes from China, Vietnam

In order to protect domestic players, the investigation arm of the commerce...

25 Jun 2024 04:27 PM IST Business

JSW Steel USA to invest $110 Mn to modernise plate mill in Baytown, Texas

JSW Steel mentioned that its subsidiary JSW Steel USA aiming to invest $110...

25 Jun 2024 03:34 PM IST Large Corporate

Higher infra spending, economic growth make India a valuable market for domestic and global steelmakers

India's market share is impacted by lower exports and rising steel producti...

25 Jun 2024 02:49 PM IST Business

Indian imports of Russian coal decline, US shipments rise

Indian imports of Russian coal have decreased while US shipments have surge...

25 Jun 2024 01:08 PM IST Ferrous

Hindustan Copper intends to develop two mines, Adani and Hindalco express interest: Source

Hindustan Copper, India's state-owned copper miner, intends to develop two...

25 Jun 2024 11:44 AM IST Large Corporate

Indian steel exports struggle to compete with China's low-cost shipments

Indian steel exports are suffering and will likely face further hurdles as...

25 Jun 2024 10:46 AM IST Ferrous

China urges EU to scrap EV tariffs on EVs by July 4

Beijing urges the European Union to scrap its preliminary tariffs on Chines...

24 Jun 2024 04:54 PM IST Automobiles