India Slashes Coal Imports as Domestic Stockpiles Surge, Boosting Self-Reliance Drive
Coal Imports See Dip Amid Strong Domestic Stock Management
India's coal imports registered a noticeable decline in February, falling 8.5 per cent to 16.55 million tonnes. This reduction is attributed to robust...
New Delhi, April 9. Ferrous companies are likely to post strong fourth quarter (Q4) results as prices of hot-rolled coil and rebar rose sharply, driving up revenues and offsetting higher coking coal costs, a report said on Thursday.The report from Emkay Global Financial Services said that...
Parliamentary Panel Urges SAIL to Boost Sales, Expand Product Portfolio and Cut Costs
New Delhi, March 27 – A Parliamentary Standing Committee has asked Steel Authority of India Limited (SAIL) to strengthen its sales strategy, improve revenue realisation, and enhance market competitiveness...
Coal India to Invest ₹3,300 Crore in New Coking Coal Washeries
Expansion Plans and Capacity Boost
New Delhi, March 27 – Coal India announced plans to invest approximately ₹3,300 crore to establish eight new coking coal washeries. This initiative is part of a strategy to enhance coal quality and...
New Delhi, March 22 — India’s coal imports declined by 4.2% to 213.10 million tonnes (MT) during the April–January period of the current financial year, with rising seaborne prices expected to keep import volumes subdued in the near term.The drop reflects the country’s continued push toward...
Metal Stocks in Focus: JSW Steel Plans Mozambique Coal Mine, Jindal Stainless Faces Fuel Constraints, Hindalco Clarifies Operations
Shares of major metal companies including JSW Steel, Jindal Stainless, and Hindalco Industries are expected to remain in focus on Monday, March 16, following...
JSW Steel to Develop Minas de Revubo Coking Coal Mine in Mozambique in Phases
Project Targets Long-Term Raw Material Security for Steel Operations
JSW Steel is set to develop the Minas de Revubo coking coal mine in Mozambique in a phased manner as part of its strategy to secure critical raw...
Middle East Crisis Pushes Up Fuel and Freight Costs, Raising Pressure on Global Steel Industry
Rising Energy Prices and Geopolitical Tensions Impact Steel Markets
New Delhi, March 8: The global steel industry, including India, may face mounting market challenges as escalating tensions in the...
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Steel Authority of India Shares in Focus as Emkay Global Reaffirms Buy, Raises Target to ₹200
Shares of Steel Authority of India Ltd are expected to remain in focus on Wednesday, February 25, after brokerage firm Emkay Global reiterated its Buy rating and raised the stock’s price target by 14...