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Articles for Steel

Tata Steel's Board Approves Rs 3,000 Cr Fundraising Via NCDs

As of 31 March 2024, Tata Steel's net debt stands at Rs 77,550 crore. Despite this, the company highlighted its strong liquidity position, with group liquidity at Rs 31,767 crore, including cash and cash equivalents of Rs 9,532 crore

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Vibhor Steel Reports Surge In PAT By 9.60% To Rs 488.66 Lakh

Despite these positive trends, Vibhor Steel faced challenges with its operating income, which declined by 4.68 per cent in Q4 FY24 to Rs 29,119.92 lakh from Rs 30,549.41 lakh in Q4 FY23

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Shipping Corporation, NMDC Steel Selloff To Accelerate Post-Election

The government expects to vigorously pursue the privatisation of SCI and NMDC Steel after the elections, banking on heightened investor interest

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India Posts Growth In Steel Production Amid Global Decline

Major infrastructure projects in the road, rail, and ports sectors, driven by government initiatives to boost growth and employment, are substantial consumers of steel

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Tata Steel Agrees On Grid Connection For UK Green Steel Site

The agreement includes the construction of a new electrical framework to support Tata Steel's 3.2 million-ton electric arc furnace, which is set to be operational by the end of 2027

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JSW Steel Q4: Profit Plummets 65%, Declares Rs 7.30 Per Equity Share Dividend

Revenue from operations decreased by 1.5 per cent to Rs 46,269 crore, compared to Rs 46,962 crore in the same period last year, slightly exceeding the poll's forecast of Rs 44,721 crore

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Jindal Steel To Supply Steel To Indian Coast Guard For Shipbuilding

Both entities have committed to fostering indigenisation, enhancing capabilities to produce

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Adani Ports
Steel Plant Crisis Looms Amid Adani Gangavaram Port Standoff

According to reports, former fishermen turned manual workers, demanding higher wages after losing their land to the port, initiated the strike, halting the supply of coking coal and coal to the steel plant since 12 April

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