COLD ROLLING CAPACITY

In today’s world, investors cannot assume that correlations that worked in the past will work in exactly the same manner now. We are in a phase where some old relationships continue to hold, while others get redefined. Geopolitics, fiscal concerns, ...

The Steel Ministry has introduced a melt-and-pour clause for domestic steel procurement. This policy tightens rules for suppliers participating in government tenders. It ensures that procured steel meets specific incentive program compliance standar...

Jindal Stainless plans a Rs 900 crore investment to expand its cold rolling capacity. This expansion will support rising demand from key industrial sectors. The company is also planning a significant Rs 40,000 crore manufacturing facility in Maharas...

Tata Steel saw strong revenue growth in the June quarter, driven by higher realisations. However, global steel prices are softening, and coking coal costs are rising. The company expects domestic realisations to decrease in the September quarter. Ta...

Weak Chinese growth has traditionally been a warning signal for metal stocks. Yet, the latest disappointing data from China has caused only a limited reaction, or literally nothing. It can be because of two reasons: Either the old rule is changing, ...

Europe's infrastructure, built for cold, is struggling with record heatwaves. From buckling train tracks and melting roads to hospitals cancelling surgeries and strained power grids, the continent faces a profound challenge. While air conditioners o...

Any moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationalising the FTAs signed with 37 countries will boost exports and FDI, and thus growthRam Singh, Director, Delhi S...

A potential anti-dumping duty on crucial cold-rolled grain-oriented electrical steel (CRGO) imports could significantly hike transformer manufacturing costs and impede India's ambitious power grid expansion plans. With domestic production meeting le...

JSHL is the largest producer of stainless steel in the country with an annual capacity of 8 lakh million tonne per annum.

Rourkela Steel Plant (RSP) completed the first three quarters of the current fiscal on an optimistic note by maintaining steady growth with the best ever production performance since inception of the plant.

The Rs 5,000-crore Sanjay Singal-promoted Bhushan Power and Steel (BPSL) plans to invest Rs 2,000 crore to set up an automotive grade steel plant with installed capacity of five lakh tonne.

Bhushan Power and Steel Limited (BPSL) plans to set up a three-lakh tonne capacity cold rolling mill complex in the Western region of the country at an initial investment of Rs 800-1,000 crore.

Tata Steel's board on Thursday approved a framework for a Joint Venture between Tata Steel Limited and Nippon Steel Corporation for the production and sales of automotive cold-rolled flat products at Jamshedpur.

Mumbai-based steel maker Uttam Galva plans to invest Rs 400 crore in enhancing capacity of its service centre and adding new product mix over the next one year, said a top executive of the company.

Steel manufacturer Bhushan Steel Ltd (BSL) has lined up an outlay of Rs 8,800 crore to set up an integrated steel plant, a 1,000 MW captive power unit and a cold rolled and galvanising plant in West Bengal.

The Canadian plant will add significantly to the cold rolling capacities of the group. Algoma supplies nearly 15% of the total Canadian steel demand. Essar Steel is well placed to supply HR coils to the Canadian company, which would improve the grou...

Uttam Galva Steels (UGSL), one of the leading galvanised steel producers in India, will invest up to Rs 450 crore.

Uttam Galva Steels, is tripling its auto grade cold rolled capacity to 1,80,000 tonne, to meet growing demand for high grade steel products that are used primarily in cars and consumer goods.

The Board of Directors of the Steel Authority of India (SAIL) has approved a proposal for expansion of the Salem Steel Plant in Tamil Nadu at an indicative cost of Rs 1,553 crore.