Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
Metal stocks came under sharp pressure on March 13 as weak global cues and fears of a gas supply shortage triggered broad-based selling across the sector. Tata Steel, Hindustan Zinc, NALCO, Hindalco, and SAIL were among the major losers in early trade. Market experts told Mint that the ongoing US-Iran conflict has raised concerns over industrial gas availability, hurting demand expectations for metal processing companies and pushing worries of weak Q4FY26 earnings to the forefront. The selloff came even as some international metal prices eased, highlighting how sentiment and earnings fears are currently driving the sector.
Also Read : Carbon Capture to Drive India’s Green Steel Revolution JSW Steel Shares Gain as Gas Supply Worries Trigger Government Appeal
Kernex Microsystems shares gained nearly 4% after the company secured a Rs 15.9 crore order from Jin...
Business 29-May-2026
Ukraine’s rolled steel production increased by 6.6% year-on-year in February 2025, signaling r...
Business 10-Mar-2025
Tata Steel Receives Rs 1,000 Crore GST Notice, Says Claim Lacks Merit Tata Steel has been s...
Large Corporate 30-Jun-2025
India must impose restrictions on "predatorily priced" steel imports and revisit its free-trade agre...
Ferrous 22-Jul-2024
Fortescue has warned that the war-linked disruption around Iran is sharply increasing diesel c...
Asia 24-Mar-2026
Jindal Steel & Power has significantly strengthened its manufacturing base by tripling its heat-...
Construction 12-Dec-2025