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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...

NewsSteel Daily

According to Crisil, Indian Steel Demand Will Outstrip Growth Globally in 2025

Crisil, an Indian rating agency recently released a report predicting a much faster pace in India than the rest of the world in...

NewsSteel Daily

Tata Steel and JSW Steel Grapple with Shrinking Cash Reserves Amid Industry Challenges

The two largest steelmakers in India are swiftly burning holes in their pockets. Analysts, therefore, get worried about servicing debt and financing big...