JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
Longer disruptions at the crucial Red Sea trade route may hurt manufacturing lines of some sectors like electronics, automobiles, chemicals, consumer goods and machinery, economic think tank GTRI said on Sunday.
The Global Trade Research Initiative (GTRI) said companies relying on just-in-time manufacturing processes can be particularly vulnerable as they maintain low inventory levels and depend on the timely arrival of components and finished products.
Few industries where production will be impacted due to disruptions in global value chains include electronics, automotive, machinery, chemicals, pharmaceuticals, plastics, textiles, and consumer goods, it added.
Also Read : Jindal Steel Commissions 3 MTPA Oxygen Furnace at Angul, Targets 12 MTPA Capacity in FY26 Odisha Fast-Tracks AMNS Steel Plant in Kendrapara
The UK government has announced a significant allocation of funds to support Tata Steel’s ambi...
Business 21-Aug-2024
Domestic sponge iron manufacturers are concerned that a persistent iron ore shortage may force the c...
Ferrous 12-Mar-2024
China has agreed to invest 2 billion euros ($2.18 billion) in Serbia to build wind and solar power p...
China 27-Jan-2024
Iron ore prices saw a slight dip as concerns over Chinese export challenges weighed on the market. E...
China 27-Feb-2025
Larsen & Toubro (L&T) announced that its Minerals & Metals (M&M) business has secure...
Construction 24-Oct-2025
India’s Ministry of Steel has concluded consultations with key industry stakeholders to addres...
Construction 22-Oct-2025