Category : Search result: steel stocks India


BlueScope Steel evaluates $13.2bn joint takeover bid

Australia's BlueScope Steel is considering a massive $13.2 billion takeover offer from US-based Steel Dynamics and Australian conglomerate SGH. The bid aims to split the steelmaker's global operations. Read the full details.

Steel Prices Jump After New Import Duty, Construction Hit

India's new safeguard duty on select steel imports has led to a sharp price rise of up to Rs 8,000 per tonne. Industry warns of a 2% increase in construction costs, impacting real estate and auto sectors. Read more.

$8.8 Billion Takeover Offer for BlueScope Steel

US steel giant Steel Dynamics and Australia's SGH Limited launch a massive A$13.14 billion takeover bid for BlueScope Steel. The deal targets its lucrative North American assets. Read the full analysis.

Steel Stocks Jump on Extended Safeguard Duty

Indian steel stocks rise after govt extends import duty for 3 years, offering relief amid rising costs and supply. JSW Steel, Jindal Steel gain 6%. Read more on Q3 outlook.

Media Partners Invited for Bharat Steel Expo 2026

India's Ministry of Steel invites media partners for the 3rd Bharat Steel Expo 2026 in New Delhi. Learn about this major event shaping the future of the steel industry. Apply by May 31, 2025!

SAIL's Manish Raj Gupta Assumes CMD Charge at RINL

Manish Raj Gupta, Director at SAIL, assumes additional charge as CMD of RINL (Visakhapatnam Steel Plant). A seasoned leader with over three decades of experience, his appointment is set to drive strategic growth. Read more about his career and vision.

Tata Steel Rallies 8% on Govt's Steel Duty Extension

Tata Steel shares continue their rally, gaining 1.2% to hit a one-month high after India extends safeguard duties on steel imports for three years. Discover the impact on the sector and future demand outlook.

India imposes 3-year safeguard duty on steel imports

India has imposed safeguard duties on certain steel imports for three years to protect domestic manufacturers from a surge in low-cost supplies, primarily from China. The duty starts at 12% and will gradually decrease.

Bokaro Steel Plant Expansion to 7.55 MTPA Under Discussion

Union Minister Bhupathiraju Srinivasa Varma confirms discussions for Bokaro Steel Plant's brownfield expansion, aiming to boost capacity to 7.55 MTPA, create jobs, and align with India's 300 MTPA steel vision by 2030.

Vizag Steel Plant's Third VRS to Remove 570 Employees

Vizag Steel Plant management opens VRS window from Jan 1-20, 2026, aiming to cut 570 permanent jobs. This third phase continues a major workforce reduction strategy amid union criticism. Read the full details.

Manaksia Coated Metals Upgrades Galvanizing Line Capacity

Manaksia Coated Metals & Industries Ltd announces a ₹50 crore investment to upgrade its Continuous Galvanizing Line, boosting capacity to 1,80,000 MTPA. This strategic move aims to enhance product quality and market competitiveness.

Top Dividend-Paying PSU Stocks Outperform Bank FDs

Discover how PSU stocks are delivering dual benefits with strong capital appreciation and dividend yields up to 7%, surpassing traditional fixed deposit rates. Learn about the top performers.

Worker killed in Hyderabad steel plant furnace blast

A fatal accident at Agarwal Steel Industries in Rangaipally, Hyderabad, claimed one life and left another worker critically injured after a high-temperature furnace failure. Police are investigating potential negligence.

Worker killed in Hyderabad steel plant furnace blast

A fatal accident at Agarwal Steel Industries in Rangaipally, Hyderabad, claimed one life and left another worker critically injured after a high-temperature furnace failure. Police are investigating potential negligence.

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