Steel Industry News
India
Hindalco Industries Limited posted its highest ever consolidated net profit with a 783% increase in Q2 FY22 at Rs 3,417 crore.
The company recorded a net profit of Rs 387....
Although Tata Steel's Q2 results, adjusted to reflect the merger with Bhushan Steel (BSL), cheered most analysts, the stock fell 1 percent on Friday. Domestic sales and operating profit....
JSW Steel told media that it will invest about Rs 150 crore to install a color coated steel plant in Kashmir.
The proposed downstream plant with a capacity of 120,000....
ArcelorMittal Nippon Steel (AMNS) plans to invest approximately Rs 1 trillion over the next 10 years to expand its business in India.
In December 2019, ArcelorMittal paid Rs 42,000 crore....
The steel industry is one of India's core industries and the country aims to be completely self-sufficient by 2030. India has strived for continuous modernization and improvement of steel....
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