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Reduction in import duty on raw materials and finished products of steel, and higher allocation under infrastructure and housing for all schemes in the Budget could augur well for domestic industry
According to CRISIL Research, India imported close to 57-59 million tonnes of coking coal - a key input for steelmaking - worth Rs 1 trillion in fiscal 2022
The Nifty Metal index can gain another 3 per cent as long as the index maintains above 6,300-level on a closing basis.
Price hikes in the offing, say metal producers; may have to pass on costs, say user industries
Russia accounts for 40% of global production of the auto-catalyst metal used in catalytic converters to curb vehicle emissions
Russia is a major producer of industrial metals such as aluminium and nickel
Metal and mining firms expected to lead earnings growth
The metal index is on the verge of breakout, if crosses 5,800 mark, another 6 per cent jump is very certain.
Net profit rises to Rs 82,500 crore; accounts for 20% of India Inc's combined net profit
KIL on Tuesday posted an over two-fold jump in its consolidated net profit
Gold and steel related stocks are likely to hog the limelight in trades on Tuesday. The former on the account of Dhanteras, while the latter owing to hike in steel prices
The three-day initial public offer (IPO) will close on June 16
Cloud over domestic demand, rising global supplies and high valuations are key concerns
After a year of limited activity, several economies are expecting a faster-than-usual bounce back to normal. This has led to an increase in commodity prices across the board
Exports jumped 126 per cent year-on-year in March to 1.29 MT, compared with a monthly average of 0.65-0.75 MT in recent times
The BSE metal & mining index is up 144 per cent since the end of March 2020
While Covid-19-led lockdowns across the globe destroyed demand in the early part of 2020, a supply cut-driven rally and sharp recovery in the auto sector have emerged as big themes
Contingent liability a critical parameter too, according to analysts
Under the MoU, Hindustan Zinc will cater to both Tata Steel & Tata Steel BSL
The projects got the go-ahead at a State Level Single Window Clearance Authority meeting chaired by Chief Secretary A K Tripathy.