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2 mins read

After Maruti, now Tata Motors raises car prices marginally

Mumbai-based carmaker Tata Motors has increased its car prices by 0.9% on its passenger vehicle ran…

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3 mins read

Metals are mirroring the rally in crude oil and the recent output cuts are helping

When the dollar weakens, the same amount of any commodity costs more in terms of dollars. Theref…

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1 min read

The price of a steel product used in cars and construction hit an all-time high as Biden marches forward with $579 billion infrastructure plan

Steel prices are up as investors bet that President Joe Biden's infrastructure spending on roads an…

Emily Graffeo   


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Surging steel prices are 'self-defeating'

Despite falling competitiveness, domestic supply of the metal is on the rise. US steel production r…

Gina Heeb   


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2 mins read

JEFFERIES: Traders, not builders, are boosting the steel price

After the Chinese New Year, cement demand has been recovering very slowly with some cities continu…

Ben Moshinsky   


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5 mins read

Remembering Ratan: Here are some of the boldest business decisions taken by the legendary Tata industrialist

During his tenure at the company, Ratan Tata made several bold decisions that significantly impacte…

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3 mins read

Vraj Iron and Steel IPO: Should you subscribe to it? Know all about it here

Experts estimate that steel’s demand in India is set to rise in the years to come, with the governm…

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2 mins read

Tata Steel back in black, posts ₹522 crore profit in Q3

Tata Steel on Wednesday posted a consolidated net profit of Rs 522.14 crore in the December quarter…

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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1 min read

US stocks trade lower as investors look ahead to Friday jobs data

Friday's jobs report is expected to show a 170,000 increase in payrolls for the month of September,…

Jennifer Sor   


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5 mins read

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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4 mins read

Tata Steel, JSW, SAIL and JSPL will lose half of their export biz as government wages war on inflation

The government’s efforts to control rising prices of commodities could mean slow growth and lower p…

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2 mins read

Corporate profitability to decline for fourth consecutive quarter: Crisil

Corporate profitability is seen declining 300 basis points (bps) due to elevated commodity prices, …

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2 mins read

Construction cost of greenfield infra projects increased by 5-7% Q32022: CBRE

The overall construction cost of greenfield infrastructure projects increased by 5-7 per cent in th…

ANI   


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5 mins read

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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1 min read

Financial services company Geojit gives 'buy' call for Bharat Forge with a target price of ₹785 per share

Financial services company Geojit Financial Services has given a "buy" call for Bharat Forge shares…

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1 min read

Costco exec says some costs are falling and he sees a 'light at the end of the tunnel'

Costco's Chief Financial Officer Richard Galanti spoke extensively about inflationary pressures at …

Áine Cain   


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4 mins read

The mystery behind the fall in Tata Steel’s shares despite a seven-fold rise in profit

While the profit growth was a reason to celebrate, the slow reduction in debt turned out to be t…

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5 mins read

Metal stocks have a mixed day after export duty withdrawal – Jindal Stainless, Apollo Tubes, SAIL stocks rise; Tata Steel, JSW Steel drag

Shares of Jindal Stainless, Apollo Tubes and SAIL witnessed a rise on Monday reacting to the withdr…

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2 mins read

Iron ore is the latest commodity to hit a record high as the global economy reopens

"Market participants are trading iron ore derivatives like cryptocurrency...not based on fundamenta…

Will Daniel