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India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis

Business News

UK Government Invests in Tata Steel's Decarbonization Efforts

The UK government has announced a significant allocation of funds to suppor...

21 Aug 2024 03:16 PM IST Business

Global Steel Industry Faces Crisis Amid Overproduction and Sluggish Demand

The world’s largest steel industry is currently grappling with signif...

21 Aug 2024 12:43 PM IST Business

Thai Steel Industry Faces Increased Pressure from Foreign Competitors

The Thai steel industry is increasingly concerned about heightened competit...

14 Aug 2024 01:31 PM IST Business

Steel Prices Plummet Amid Market Saturation

Due to the sudden and recent boom, the global steel market is currently in...

12 Aug 2024 10:59 AM IST Business

Germany’s Low-Emission Steel Standard May Challenge Indian Industry

Germany's proposed low-emission steel standard could create significant cha...

09 Aug 2024 02:06 PM IST Business

Vedanta Halts $2.5 Billion Steel Sale Amid Market Uncertainty

Vedanta Resources has decided to pause the sale of its $2.5 billion steel b...

09 Aug 2024 12:27 PM IST Business

China’s Export Recovery Threatened by U.S. Slowdown

Recent developments have raised concerns about China's export-driven recove...

08 Aug 2024 12:18 PM IST Business

CBAM Could Increase Tax Burden on India’s Steel Sector by Up to 35%

The European Union's Carbon Border Adjustment Mechanism (CBAM) is poised to...

07 Aug 2024 11:16 AM IST Business

China's Steel Maneuver as Southeast Asia Routes Threaten Indian Investments

It has warned that China's new strategy of routing cheap steel imports thro...

05 Aug 2024 11:23 AM IST Business

Domestic steel companies to coordinate on import price

A panel set up by the steel ministry has recommended that coking coal buyer...

31 Jul 2024 11:21 AM IST Business

Nippon to dissolve JV with China's Baoshan to expand in US, India

Nippon Steel will dissolve its joint venture with China's Baoshan Iron &...

23 Jul 2024 04:36 PM IST Business

India should connect to Chinese supply chain to promote manufacturing: Economic survey

Chinese overproduction due to a demand-supply mismatch in the country is dr...

22 Jul 2024 04:07 PM IST Business

Fitch Ratings revises Tata Steel's outlook to negative

Fitch Ratings has revised the outlook on Indian steelmaker Tata Steel&rsquo...

19 Jul 2024 02:00 PM IST Business

Maharashtra will contribute 30% of India's total steel production in coming days

Maharastra's Gadchiroli will produce 30% of the country's total steel produ...

18 Jul 2024 05:00 PM IST Business

Indian consortium offers country's first hydrogen-based steelmaking pilot project

A consortium led by India's Institute of Minerals and Materials Technology...

17 Jul 2024 11:38 AM IST Business