#SteelDemand
Chennai, Hyderabad, Bellary: Mixed Movements in Steel Prices
On November 19, 2024, the southern steel markets observed mixed trends, with billet and rebar prices showing slight declines across Chennai, Hyderabad, and...
Steel Companies Anticipate Improved Demand and Margins in Q3FY25
Steel companies are set for better performance in Q3FY25, driven by improved demand and stable pricing trends, according to a Centrum report. The...
Aditya Ultra Steel to Set Up Rs 15-Crore Solar Plant in Gujarat
Aditya Ultra Steel, a leading rolled steel products manufacturer, will establish a 5 MW solar power plant in Jasdan, Rajkot, Gujarat, to meet...
India to Launch Green Steel Star Ratings for Sustainable Infrastructure
India’s Ministry of Steel (MoS) has introduced a star-rating system to define and promote the production of green steel, a key initiative for...
Chennai Scrap Market Holds Firm Amid Limited Supply and Lower Steel Demand
The Chennai ferrous scrap market remains cautious as supply constraints and moderate demand continue to impact price trends. According to BigMint’s latest assessment,...
India’s Finished Steel Imports Surge to Seven-Year High
India’s finished steel imports reached a seven-year high of 5.7 million metric tons during April-October, according to provisional government data. This marks a...
India’s Coal Imports See 7.8% Rise in H1 FY25 Amid Healthy Domestic Stock and e-Auction Supply
India’s coal imports rose by 7.8% to 140.60 million tonnes (MT) in the April-September period of FY25, compared to 130.34 MT during the...
Tata Steel Returns to Profit with Rs 759 Crore in Q2 FY25; Revenue Declines Due to Import Pressures
Tata Steel Ltd. reported a consolidated net profit of Rs 759 crore for Q2 FY25, reversing the previous year’s loss of Rs 6,511...
