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News
Trump resets tariffs with pharma push, metals tweak
5+ mon, 1+ week ago (613+ words) A year after unveiling sweeping "Liberation Day" tariffs, U.S. President Donald Trump has introduced a new set of trade measures targeting pharmaceutical imports while...tariff strategy. On April 2, Trump ordered tariffs of up to 100 percent on certain branded pharmaceutical...changes to…...
Merino Showcases New Material Innovations and Gives a First Look of Prakriti at MATECIA 2026
2+ day, 19+ hour ago (1557+ words) Merino Industries showcased a broad portfolio of new-age interior and building material solutions...25, Dwarka, Delhi. Presented at Hall 2, Booth G1, the showcase featured seven product and solution categories. A key highlight of the exhibition was the launch of Merino's hero product…...
Primary steel makers to maintain profitability despite rising costs; strong accruals to support capex: Crisil Ratings
1+ mon, 6+ day ago (422+ words) demand growth, according to a Crisil Ratings report. The report projected operating profitability, measured...EBITDA per tonne, at Rs 10,500-11,000 per tonne in the current fiscal, broadly in line with the decadal average, even as production costs are expected...tonne to…...
India's steel growth to drive strong demand for refractory materials: Report
3+ mon, 5+ day ago (315+ words) India's steel industry is set for strong growth over the next five years, creating steady demand for key...mass, according to Choice Institutional Equities. The brokerage said, 'India's crude steel production...increase from 168.4 MnT in FY26 to 255 MnT by FY31, with the…...
India's next commodity cycle could be driven by scrap as organised metal recycling gains momentum
1+ mon, 2+ week ago (250+ words) sustainability requirements and increasing formalisation of the scrap ecosystem, according to a report by Ashika Institutional Equities Research. The report said secondary metals offer the same metallurgical properties as primary metals...than access to ore. Regulatory frameworks, including the Battery…...
Indian steel industry must accelerate decarbonisation, diversify exports amid shifting global trade landscape: Govt Official
1+ mon, 2+ week ago (219+ words) 2026, 20:29 GMT+ New Delhi [India], July 23 (ANI): The Indian steel industry needs to speed up decarbonisation,...actions, Ashwini Kumar, Economic Advisor, Ministry of Steel, said on Thursday. Highlighting the industry's current position, Kumar said India's...162 MT in FY26 against finished steel consumption…...
JSW Steel August crude steel production up 3% YoY; output rises to 24.65 lakh tonnes
1+ week, 20+ hour ago (384+ words) Indian operations standing at 88 per cent during the month, as per an exchange filing shared by the company on Saturday. The growth, that came despite a decline in production...to 0.78 lakh tonnes, can be largely attributed to the surge in…...
IFA Steels Expands Welded Wire Mesh Production Capacity Under Weld King Brand
2+ mon, 4+ week ago (283+ words) [India], June 13: IFA Steels Pvt. Ltd., manufacturer of the renowned Weld King brand of welded wire mesh, has expanded its production capabilities with the installation of new manufacturing machinery at its facility. The investment marks another milestone in the company's…...
GSSE partner to promote stainless steel as key enabler of India's clean energy transition
1+ mon, 3+ week ago (215+ words) Stainless Steel Development Association (ISSDA) and the Global Stainless Steel Expo (GSSE) have partnered...to position stainless steel as a critical enabler of India's clean energy transition, as per a statement by ISSDA. As per the statement, the corrosion-resistant metal…...
India's steel capacity utilisation to stay above 90% on strong demand: Kotak
2+ mon, 3+ week ago (351+ words) utilisation is expected to stay above 90 per cent in the medium term, as per a report by Kotak Institutional...cent growth in FY26 after four consecutive years of double-digit expansion. It further noted 'exports...to 0.5 million tons, but were outpaced by…...