Search For "steelmakers"
Updated : 1 year, 1 month ago IST
Singapore, Dec 3 (ANI): Moody's Investors Service on Tuesday said that its 2020 outlook for the Asian steel sector is negative, reflecting weakening profitability for rated steelmakers amid softening demand, declining steel prices and elevated iron ore prices which is a key input in finished
New Delhi [India], Nov 21 (ANI): The steel industry must adopt environment-friendly practices and boost production so that India can realise the vision of becoming a five trillion dollar economy in the next five years, Union Minister Dharmendra Pradhan said on Thursday.
Updated : 1 year, 4 months ago IST
New Delhi [India], Sept 18 (ANI): The domestic steel consumption growth is expected to decelerate to about 5 to 6 per cent in the current financial year as compared to 7.9 per cent in FY19 on the back of an unprecedented slowdown in economic activity as reflected by the GDP growth tapering d
Updated : 1 year, 7 months ago IST
New Delhi [India], June 5 (ANI): While the performance of domestic steelmakers is likely to be lower in the first quarter of the current financial year as compared the previous year due to several headwinds, the construction sector will be at the forefront of demand recovery in the second ha
Mumbai (Maharashtra) [India] May 30 (ANI): Fitch Ratings said on Thursday that healthy earnings before interest, tax, depreciation and amortisation (EBITDA) margins, which allowed Indian steelmakers like JSW Steel and Tata Steel to maintain stable leverage profiles in the past financial year