Sunday , 8 February 2026

Steel Daily

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Hindustan Copper Q3 FY26 Results: Profit Soars, Interim Dividend Announced

Hindustan Copper Limited reported a sharp jump in profitability in Q3 FY26, backed by strong revenue growth and healthy margins, while declaring an...

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JSW Cement Turns Profitable in Q3 FY26 on Higher Volumes and Strong EBITDA

JSW Cement reported a profit of Rs 130.62 crore in Q3 FY26, supported by higher sales volumes, improved EBITDA performance and steady revenue...

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Vizag Steel Plant Returns to Profit After Years of Financial Stress

Visakhapatnam Steel Plant has staged a strong turnaround, reporting a profit of Rs 54 crore in January 2026, backed by government support and...

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US Tariffs to Continue on Indian Steel, Aluminium and Copper Despite Trade Deal

Despite a reduction in reciprocal tariffs on Indian goods, the United States will continue imposing steep 50 percent duties on steel, aluminium and...

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JK Lakshmi Cement Q3 Profit Falls 23% Despite Revenue Growth

JK Lakshmi Cement reported a 23% year-on-year decline in Q3 net profit to Rs 57 crore, even as revenue rose 6.3% on steady...

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US Cuts Tariffs on Indian Goods to 18% After Modi-Trump Talks

The United States has announced a sharp reduction in tariffs on Indian goods, cutting rates from 50% to 18% following talks between President...

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Steel PSU capex to rise 44% in FY27 on improving demand outlook

Capital expenditure by steel public sector undertakings is set to rise sharply in FY27, led by SAIL and NMDC, as domestic demand improves...

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Budget 2026 Focus on Critical Minerals and Capex to Boost Metals and Mining

Union Budget 2026 outlines a strong policy and investment push for India’s metals and mining sector, with ₹12.2 lakh crore public capex, focus...

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NMDC Explores Coal Assets in Canada to Support India’s Steel Expansion

State-owned miner NMDC is exploring coal reserves in Canada to secure raw material supplies for India’s expanding steel sector, as the country pushes...