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Steel producers brace for profit pressure as prices stay weak in December quarter

Indian steel producers are expected to report sequentially weaker profits in the December quarter as soft steel prices and higher input costs continue...

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NMDC Raises Baila Lump Iron Ore Price; Second Revision in a Month

State-owned NMDC has increased the Baila Lump iron ore price by ₹50 to ₹5,600 per tonne, marking its second revision in a month...

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India’s Small Steelmakers Cut Production as Weak Demand and Monsoon Slowdown Hit Construction Sector

India’s small steel producers have cut output by nearly one third amid weak demand, falling prices, and monsoon disruptions, despite government tax cuts...