Market Updates
Jindal (India) Ltd Launches Al-Zn Coated Steel Coils for Solar Sector, Plans Major Expansion
B.C. Jindal Group’s downstream steel products major Jindal (India) Ltd has entered the renewable energy market with the launch of its aluminium-zinc (Al-Zn)...
India Seeks Increased Steel Export Access in Current FTA Negotiations: Piyush Goyal
India is aggressively seeking better trade terms to increase its steel exports through current Free Trade Agreement (FTA) negotiations with several global partners,...
India Targets 300 MT Steel Output by 2030 Amid Quality Push, Safeguard Duty
India will be towards 300 million tonnes (MT) of steel production by 2030, as compared to the current capacity of 200 MT, Steel...
Cement Industry Sees 7.5% Growth This Year on Infra Drive and Rural Housing Demand
India’s cement demand is projected to grow 6.5-7.5% in FY26, driven by increased infrastructure spending, rural housing push, and higher budget allocations under...
Safeguard Duty on Steel Imports May Halt Construction Equipment Industry, Warns ICEMA
The Indian Construction Equipment Manufacturers Association (ICEMA) has sounded a warning over a proposed 12% safeguard duty on steel imports, stating that it...
India Slaps 12% Safeguard Duty on Steel Imports Amid Surge, Industry Concerns
In a move aimed at curbing a surge in steel imports that threaten domestic producers, the Indian government has imposed a 12% safeguard...
JSW Steel Shares Surge After NGT Clears Dolvi Plant Non-Compliance Case
JSW Steel shares surged 3.6% on Monday following the National Green Tribunal (NGT) rejection to hear a case against JSW Steel’s Dolvi Plant...
Luxury Housing Sales Surge 28% in Top Indian Cities in Q1 2025; Chennai Records 132% Jump
India’s high-end housing sector recorded a robust performance in Q1 2025 with sales increasing close to 28% year-on-year in the top seven cities,...
Tata Steel Q4 Profit Likely to Jump 34.6% YoY to ₹1,060 Cr: PL Capital
Tata Steel is likely to log a 34.6% year-on-year increase in consolidated net profit during the fourth quarter of FY25 at ₹1,060 crore,...
Construction Costs Surge Across Tamil Nadu as Material Prices Double and Labour Shortages Bite
Home construction costs are soaring across Tamil Nadu, with M-sand prices doubling over the past year and widespread material price hikes squeezing developers....
