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Govt Eases Steel Supply Rules, Waives BIS Certification for 202 Foreign Licences

In a move to ease raw material bottlenecks for domestic steelmakers, the steel ministry has exempted 202 foreign steel licences from mandatory Bureau...

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Steel Mills Cut Production as Imports Surge, Trade Deficit Widens

In a development that could put upward pressure on domestic steel prices, key Indian steel makers, barring Jindal Steel and Power Ltd (JSPL) have...

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Leverage for Primary Steel Firms to Hit Five-Year High Amid Expansion: CRISIL

The net leverage of domestic primary steelmakers is expected to rise to a five-year high of over 3x this fiscal, driven by aggressive...