News
Thyssenkrupp Cuts Sales Outlook on Weak Europe Demand, Deal Collapse
15+ hour, 56+ min 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+ day, 13+ hour ago (12+ words) Whalesbook...
Kalyani Steels Pursues Price Hikes to Counter Rising Costs, Shield Margins
1+ day, 16+ hour ago (12+ words) Whalesbook...
Sambhv Steel Tubes Reports Record FY26 Profit, FY26 Revenue Up 60%
2+ day, 17+ hour ago (331+ words) Sambhv Steel Tubes Ltd announced its best-ever annual performance for FY2026, with revenue jumping 60% to "2, 413 crore and profit after tax (PAT) rising 147% to "143 crore. Q4 FY26 also saw strong growth, with PAT up 239% year-on-year. The company plans to more than triple finished product…...
Mining Tech Cuts Scrap 80%, Slashes Costs 10-20%
6+ day, 22+ hour ago (179+ words) Whalesbook Less Waste, More Efficiency Traditional fabrication methods in mining often involve inefficient cutting, welding, and over-engineering, leading to significant material waste Santosh Venkatasubbaiah, Director - Sales and Marketing at Mother India Forming, explained that scrap is an embedded cost in…...
Magnus Steel Reports "4. 51 Cr Profit for FY26 on "22. 58 Cr Revenue | Whalesbook Corporate News
1+ week, 4+ day ago (221+ words) Magnus Steel & Infra announced strong FY26 results, posting "4. 51 Cr net profit on "22. 58 Cr revenue. Q4 profit reached "1. 52 Cr. Details on performance and what's next for investors....
Magnus Steel Q4 FY26 Profit Soars to "1. 52 Cr on 384% Revenue Jump | Whalesbook Corporate News
1+ week, 4+ day ago (26+ words) Magnus Steel & Infra's Q4 FY26: Profit soars to "1. 52 Cr on 384% revenue surge. Annual profit turns positive. Key figures and investor watch points inside....
SAIL Antitrust Probe Paused by Court Amid Valuation Concerns
2+ week, 4+ day ago (304+ words) Whalesbook Court Orders Pause on SAIL's Antitrust Probe Steel Authority of India Limited (SAIL) has obtained a court order, with the Madras High Court issuing a stay on the Competition Commission of India's (CCI) antitrust investigation The company argued that the…...
Scan Steels Ltd Skips SEBI 'Large Corporate' Compliance Burden
1+ mon, 2+ day ago (217+ words) Scan Steels Ltd has confirmed it is not classified as a "Large Corporate" (LC) by SEBI as of March 31, 2026. This means the company avoids strict disclosure and compliance rules for LCs, easing its regulatory load. Outstanding borrowings were "72. 97 crore, with CRISIL…...
Indian Steelmakers Lift Prices by Up to "3, 500/Tonne on Soaring Costs
1+ mon, 4+ day ago (559+ words) Indian steel firms hike hot-rolled and cold-rolled coil prices by up to "3, 500/tonne and NMDC raises iron ore rates, citing high input costs and supply chain disruptions....