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JSW Steel Hits Record High as Metal Stocks Surge Amid Strong Demand

Metal stocks are witnessing a strong rally on Dalal Street, with JSW Steel hitting an all-time high of ₹1,072 per share. The stock...

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India Weighs Safeguard Duty on Steel Imports Amid Industry Concerns

On 17 March, Darpan Jain, Director General, Directorate General of Trade Remedies (DGTR), said that India is continuing to examine a proposal to...

NewsSteel Daily

China’s Steel Surge Pressures Indian Giants as Fitch Lowers Rating Headroom

India’s steel industry is feeling the heat as Fitch Ratings downgraded the rating headroom for JSW Steel and Tata Steel. The agency cited...

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Trump’s Steel Tariffs Intensify India’s Case for Safeguard Duties

An announcement on the safeguard duty, which has been anticipated by the Indian steel industry, was widely expected in the first two weeks of...

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NHAI Tightens Quality Control for Reinforcement Steel in Infrastructure Projects

National Highways Authority of India (NHAI) has overhauled its quality control system for reinforcement steel used in government infrastructure projects. A recent policy circular...

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India Plans Tax on Some Low-Cost Steel Imports from China

Temporary levy of 15%-25% on China-origin steel imports within 6 months scrapped Steel Minister H.D. Kumaraswamy said the move was aimed at protecting local manufacturers...

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JSW Group to Invest ₹1.2 Trillion in Karnataka – Bengaluru

JSW Group chairman Sajjan Jindal on Friday announced an investment of ₹1.2 lakh crore in the state in a boost to Karnataka’s industrial and...

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Steel Stocks Drop on Trump’s New Tariff Imposition on Imports

Shares of steel and aluminum declined on Monday as Trump put a new blanket tariff of 25% on all steel and aluminium imports....

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Steel Stocks Surge: Five Key Drivers Behind the Market Rally

The sectoral leader at Friday’s session was the Nifty Metal Index, which ended sharply higher, riding the wind after the monetary policy announcement...

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Steel Giants Dominate 11th Round of India’s Commercial Coal Auction

As much as this comes as good news for the coal sector in India, there were 70 bids received from some of India’s...