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Tata Steel collaborates with NMDC and OMC to secure future iron ore supply

Tata Steel has begun negotiations with state-owned enterprises NMDC and Odisha Mining Corporation (OMC) to guarantee a consistent supply of iron ore for...

Editors PickNewsSteel Daily

Steel Sector Outlook Positive: JPMorgan Sees Surge in Demand Post-Elections and Monsoon

Steel stocks were in the spotlight on December 11, following a positive outlook from global brokerage JPMorgan. The brokerage highlighted that although overall...

ConstructionNewsSteel DailyTrending News

India Proposes 25% Safeguard Duty on Steel Imports Amid Rising Concerns

In a bid to address challenges faced by the domestic steel industry, the Ministry of Steel has proposed a 25% safeguard duty on...

ConstructionEditors PickNewsSteel Daily

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...