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News

@bsindia
business-standard.com-standard.com

Elevated coal costs seen capping Q1 margin recovery for steel firms

2+ mon, 3+ day ago   (346+ words) Business Standard Steel companies are likely to report weaker-than-expected margin recovery in the June quarter despite higher domestic steel prices, as elevated coking coal, freight and operating costs offset much of the benefit from improved realisations, according to a report…...

@bsindia
business-standard.com-standard.com

India initiates anti-dumping probe against Chinese, Japanese chemical

2+ mon, 3+ week ago   (275+ words) India has launched an anti-dumping probe into Resorcinol imports from China and Japan following allegations of injury to domestic producers India has initiated an anti-dumping probe against imports of a chemical, used in tyre and rubber products, from China and…...

@bsindia
business-standard.com-standard.com

Aluminium prices drop to one-week low on report Trump may ease tariffs

7+ mon, 2+ hour ago   (108+ words) Business Standard Aluminium prices drop to one-week low on report Trump may ease tariffs Aluminium hits one-week low on reports US may ease tariffs, while copper, zinc and nickel fall amid profit-taking and risk-off sentiment ahead of Lunar New Year…...

@bsindia
business-standard.com-standard.com

Govt to support steel exports hit by Europe's carbon tax: Steel secy

7+ mon, 4+ day ago   (211+ words) Indian steel mills ship roughly two thirds of their total exports to Europe India's steel exports will continue to be impacted by ‍the European Union's ​carbon tax and import quotas, and the government will take steps to help the sector,…...