January 27, 2022 19:45 (IST)
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Covishield and Covaxin get DCGI's conditional approval for sale in regular market | India reports 2.86 lakh COVID-19 cases in 24 hours | Uttar Pradesh elections will decide future of India: Amit Shah | Delhi to lift anti-COVID-19 weekend curfew, schools to remain shut: Sources | Tata Group officially takes over Air India

JSW Steel Q3 PAT jumps 69 pc to Rs 4516 crore

Mumbai/UNI: Sajjan Jindal-led JSW Steel on Friday reported a 69.2 per cent increase in consolidated net profit for the quarter ended December 31, 2021 at Rs 4516 crore.

Sanjay Kumar Singh takes charge as Steel Secretary

New Delhi/IBNS: Sanjay Kumar Singh Thursday assumed charge as the Secretary of Ministry of Steel, the government said in a statement.

Govt focuses on rural India to meet 2030 steel consumption target among other measures

New Delhi/IBNS: The Union Steel Ministry has formed a Joint Working Group (JWG) to step up the use and consumption of steel in the country, especially in rural areas.

Jindal Stainless Ltd Q2FY22 result: Net profit soars 5 times to Rs 412 cr

Mumbai/IBNS: Jindal Stainless Limited's (JSL) profit after tax (PAT) or net profit for the quarter ended September 2021 stood at Rs 412 crore compared to Rs 81 crore of the same quarter last year, an increase of more than 5 times riding on strong sales and improved volume mix.

Tata Steel India says annual deliveries up despite COVID-19 impact

Mumbai/IBNS: Tata Steel touched rupees one trillion in market capitalisation which helped the stock reach a record high on Tuesday.

Proposed Regulatory Authority for Steel and Cement welcomed by Micky Metals and Bengal Peerless Housing Development Company

Mumbai/IBNS: Union Minister for Road Transport and Highways Nitin Gadkari's assurance to to look into the demands of creating a Regulatory Authority for Steel and Cement, recommended by Builders' Association of India, has been welcomed by Ketan Sengupta, CEO of Bengal Peerless Housing Development Company and Saket Agarwal, Director, Micky Metals Ltd.

Mineral resources must be monetized through a simplified process to make India a global manufacturing hub: Steel Minister

Kolkata/IBNS: Union Steel minister Dharmendra Pradhan has said India needs to exploit, access, and monetize the natural resources while leveraging technology, transparent bidding process to emerge as a cost-competitive country where raw material is available with ease.

Top 7 Commodities you must invest in Today

Commodities are volatile, and their prices can be unforgiving. But when rules are applied to Commodity Trading, the results are incredible. Using your head is a valuable trait with trading, and it starts by going with the hot tip. Some of these commodities are well known, while others are considered rising stars. The trade volume says it all, as the majority of them are included in several commodity Trading tips guides.

India's July 2020 crude steel production falls over 24 pc; global production declines 2.5 pc : Report

New Delhi/IBNS: India's crude steel production plummeted 24.6 per cent to 7.150 million tonnes (MT) in July 2020 against 9.485MT crude steel during the same month in 2019, World Steel Association (worldsteel) said in its latest report.

Kamdhenu Group expects to resume full operations soon says CMD Satish Kumar Agarwal

Kolkata/IBNS: Kamdhenu Limited, a diversified group engaged in steel and paint industries, announced recently that it has resumed around 80 per cent of its production capacity of branded TMT bars from its franchisee manufacturing plants across India. 

Mission Purvodaya will drive India's march towards $5 trillion economy

Kolkata/UNI: Minister of Petroleum and Natural Gas and Steel Dharmendra Pradhan today launched Purvodaya: Accelerated development of eastern India through integrated steel hub in the city and said Mission Purvodaya will drive India’s march towards $5 trillion economy.

SAIL expected to supply 10 lakh tonnes of steel for railways track in 2018-19

New Delhi, Jan 7 (IBNS): Steel Authority of India Limited (SAIL) expects to supply 10 lakh tonnes of steel in 2018-19 and 12 lakh in 2019-20 to the Indian Railways for doubling of rail lines, gauge conversion, new lines and track renewal works.

Italian firm Sideridraulic to collaborate further with Indian metal companies

Kolkata/Mumbai, Oct 27 (IBNS): With competition hotting up in the Indian steel and aluminium sectors, private companies stand to gain from business associations with Italian engineering major Sideridraulic Spa, which entered the Indian market by opening a branch in Mumbai, the company said recently.