Commodity outlook: Indian metal stocks have gained attention following China's announcement of a series of stimulus measures on September 27, 2024. Nevertheless, the market anticipates additional ...
Steelmakers expect a significant profit decline in the September quarter. Steel prices are at a three-year low, and demand is weak. Analysts predict net profits for major companies Tata Steel, JSW ...
In long steel, rebar prices have increased by Rs 3,600 per tonne ex-Mumbai to Rs 53,600 per tonne, BigMint data showed. This could be due to the revival of construction activities post-monsoon. Steel ...
Jindal Steel and Power Limited (JSP) is one of India's integrated primary steel producers with a significant presence in mining. JSPL is a part of the US $ 18 billion diversified O. P. Jindal Group.
(Reuters) -India’s JSW Steel reported a bigger-than-expected slide in second-quarter profit on Friday as higher imports of cheap finished steel dragged domestic prices to multi-year lows amid subdued ...
The company said steady steel demand, coupled with continued low customer inventory and stabilized scrap prices, resulted in stabilization and improvement in flat rolled steel prices during the ...
Pre-earnings options volume in US Steel is normal with puts leading calls 8:5. Implied volatility suggests the market is anticipating a move near 3.7%, or $1.45, after results are released.
Oct 17 (Reuters) - India's Jindal Stainless (JIST.NS), opens new tab reported a drop in second-quarter profit on Thursday, as falling steel prices offset a drop in input costs. The company's ...