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Falling steel prices amid Chinese export surge, to reduce profits of companies in Q3 FY25: Report

Steel companies in the country are likely to face margin pressure in the third quarter of FY25 as m…

ANI   


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Decreased oil exports, because of lower crude prices increasing India's trade deficit, says CRISIL

India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in…

ANI   


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4 mins read

US-China tariff war could benefit several sectors in India while harming a few others

President Joe Biden imposed fresh tariffs on Chinese products to protect American workers from unfa…

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Biden is fighting Trump's tough tactics by calling for tripled tariffs on Chinese steel imports

China's economy struggles to consume all it's producing, exporting the most steel since 2016 amid a…

Huileng Tan   


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Canada is the latest country to crack down on Chinese EVs

On Monday, the Canadian government announced it would impose a 100% tax on all China-made EVs start…

Tom Carter   


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Metal stocks gain from price rises and Chinese troubles

Almost all the top stocks in the Nifty Metals Index were trading in the green over a 30 day period …

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1 min read

Biden announces a 100% tariff on Chinese EVs

The White House has announced it's imposing tariffs on $18 billion of Chinese goods, including a 10…

Tom Carter   


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Indian steel demand boom to continue this fiscal : Crisil

The Indian steel sector has enjoyed a multi-year demand surge which will continue in the current FY…

PTI   


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Firm domestic demand to keep India's steel imports elevated in 2023-24: Crisil

Strong domestic demand, supported by government spending on infrastructure, building and constructi…

ANI   


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China's industrial push risks destabilizing the global economy and watering down green-energy exports, Janet Yellen warns

"It is important to the president and me that American firms and workers can compete on a level pla…

Aruni Soni   


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Jindal Stainless Q2 net profit more than doubles to Rs 764 crore

Jindal Stainless Ltd (JSL) on Thursday said its consolidated net profit has more than doubled to Rs…

PTI   


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Indian metal stocks become attractive after massive underperformance and signs of recovery in China, says Jefferies

Heightened macro concerns hit metal stocks despite some improvement in China’s demand. In the first…

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Copper and iron ore prices are collapsing on growth worries and Chinese steel curbs after soaring on hopes of a swift economic recovery

Copper prices this week tested the 200-day moving average of $4 per pound for the first time in mor…

Carla Mozée   


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Indian metal shares surge as demand hopes build after China’s $220 billion stimulus plan

Shares of metal companies surged in the last hour of trading on expectations of strong demand from …

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China's ban on Australian coking coal to benefit India's steel producers, says India Ratings and Research

The production cost of India's steel producers using the blast furnace route would remain contained…

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Naveen Jindal reveals that JSPL's steel exports have spiked since Covid-19 outbreak

In an interesting turn of events, leading steel manufacturer Jindal Steel and Power is now exportin…

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3 mins read

Wall Street analysts tore down a Chinese Tesla rival and say it's exactly why Elon Musk should be worried about China

BYD's Seal rivals Tesla's Model 3 in many ways, UBS analysts found, including a cheaper price tag.

Alexa St. John   


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‘India First’ policy emits China out of GAIL pipeline projects worth Rs 3,000 crore

This has given a big boost to the indigenous steel firms while also carrying forward PM Modi's …

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5 mins read

The difference between Narendra Modi’s ‘Make In India’ and ‘Atma Nirbhar’ programmes⁠— and why the latter may work better

Six years after ‘Make in India’, analysts are hoping that the Atma Nirbhar Bharat programme will ha…

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Steel companies hike prices by ₹2,000 per tonne on improving demand outlook

Benchmark hot rolled coils (HRC) prices have increased by Rs 1,000-2,000 per tonne for October d…