News
JSW Cement Sees 43. 6% EBITDA Surge in FY26, Expands North India Footprint
3+ day, 12+ hour ago (428+ words) JSW Cement achieved a 43. 6% year-over-year rise in Operating EBITDA for FY26, reaching "1, 240 crore. The company also opened its new Nagaur unit in North India and grew its East India capacity, contributing to a 10. 6% increase in total sales volumes. JSW Cement's Operating…...
JSW Cement Profit Soars Tenfold to Rs 371 Crore on Strong Q4
4+ day, 34+ min ago (155+ words) Whalesbook JSW Cement reported a remarkable tenfold surge in net profit to Rs 371 crore for the fourth quarter of FY26, up from Rs 34 crore in the prior year. Revenue climbed 11% to Rs 1, 894 crore, driven by a 7% increase in sales volume to…...
Brazil Leads Steel Price Surge in 2026 as China Production Lags
1+ week, 23+ hour ago (76+ words) Whalesbook Global steel prices rose in April-May 2026, with Brazil seeing the biggest jump in hot rolled coil and rebar. This comes as China delays production cuts, keeping supply tight despite steady infrastructure demand. India shows strong growth, while Europe has…...
UK Steel Tariffs Threaten India Trade Deal; 'Creative Solution' Needed
1+ week, 2+ day ago (127+ words) Whalesbook India and the UK are close to finalizing their trade deal, signed on July 24, 2025. But a new UK steel safeguard measure, effective July 1, 2026, threatens to cut tariff-free steel imports by 60% and add a 50% tariff on excess volumes. Both sides…...
India-UK Trade Deal Faces Roadblock From UK Steel Tariffs
1+ week, 2+ day ago (21+ words) India-UK trade deal nears finalization, but new UK steel tariffs pose a significant challenge for exporters and reaching an agreement....
JSW Steel Posts Record Revenue, EBITDA; One-Off Gain Skyrockets Q4 Profit
1+ week, 3+ day ago (65+ words) Record Revenue and EBITDA Masking Headline Profit JSW Steel announced strong operational results for its fourth quarter, with record revenue and EBITDA. However, the company's reported net profit was significantly boosted by a substantial one-off gain, making a closer look…...
Bihar Sponge Iron Files Lawsuit Against Vanraj Steels for Relief
1+ week, 4+ day ago (340+ words) Bihar Sponge Iron Limited has filed a lawsuit against Vanraj Steels Private Limited and others on May 13, 2026. The company seeks court orders to address claims and debts from Vanraj Steels' operations. This action aims to protect Bihar Sponge Iron's interests…...
Thyssenkrupp Cuts Sales Outlook on Weak Europe Demand, Deal Collapse
1+ week, 5+ day ago (234+ words) Whalesbook German industrial giant Thyssenkrupp AG lowered its 2026 sales forecast Tuesday, now expecting a decline of up to 3%. This revision stems from persistent weakness in its steel and automotive divisions, reflecting the broader economic slowdown in Europe and ongoing geopolitical…...
India Steel Hits Record Output: Green Push Fuels Growth and Exports
1+ week, 6+ day ago (12+ words) Whalesbook...
Kalyani Steels Pursues Price Hikes to Counter Rising Costs, Shield Margins
2+ week, 11+ min ago (12+ words) Whalesbook...