Metals News
LMEL: This small-cap stock turned ₹1 lakh into ₹85 lakh in just 4 years
It is setting up a 3-MTPA fully integrated steel plant in Konsari, Gadchiroli district. Furthermore, with the addition of the upcoming DRI facility and a wire rod mill with a capacity of 1.2 MTPA in Ghughus, LMEL’s expansion will transform it into an integrated steel player.
5 min read19 Aug 2024Ratnamani Metals & Tubes Q1 Results Live: Profit Falls by 21.46% YOY
Ratnamani Metals & Tubes Q1 Results Live: Revenue increased by 0.75% YoY & profit decreased by 21.46% YoY
1 min read15 Aug 2024Sarthak Metals Q1 Results Live: Profit Falls by 73.8% YoY
Sarthak Metals Q1 Results Live: Revenue decreased by 50.35% YoY & profit decreased by 73.8% YoY
1 min read15 Aug 2024Amid steel’s struggles, is the rally in metal stocks over?
The metals sector continues to rally, with base metals like copper and aluminium showing bullish trends, suggesting potential for further gains in 2024 and beyond.Steel, however, faces significant challenges, with prices hitting a 52-week low, indicating a bearish outlook for major steel producers.
5 min read13 Aug 2024Mining tax: Tata Steel, HZL explore legal options following Supreme Court ruling
Tata Steel will explore legal options regarding any dues that may arise if the Supreme Court rules that its judgment will be applicable retrospectively, while Hindustan Zinc will also knock on the doors of the courts if any immoderate demands are raised.
4 min read7 Aug 2024Indian Metals & Ferro Alloys Q1 Results Live : profit rise by 2.42% YOY
Indian Metals & Ferro Alloys Q1 Results Live : Revenue decreased by 5.62% YoY & profit increased by 2.42% YoY
1 min read2 Aug 2024Aluminium companies urge finmin to revise duty structure on metal and scrap in budget to prevent dumping
Ahead of the budget, the country’s aluminium industry has sought an increase in import duties on the metal and its scrap, flagging dumping of the metal from Middle East, ASEAN region countries and China.
3 min read15 Jul 2024Tampons Contain Toxic Metals Lead and Arsenic, Researchers Find
Researchers found more than a dozen metals, including lead and arsenic, in widely available tampons in the US and Europe used by potentially millions of people.
2 min read5 Jul 2024Vraj Iron and Steel IPO: Steel maker raises ₹51.29 crore from anchor investors ahead of public issue
The Chhattisgarh-based metal manufacturer allocates 24,78,259 shares to anchor investors at ₹207 per share, according to an exchange filing.
1 min read25 Jun 2024Indian Metals & Ferro Alloys Q4 Results Live : profit rise by 34.75% YOY
Indian Metals & Ferro Alloys Q4 Results Live : Revenue increased by 10% YoY & profit increased by 34.75% YoY
1 min read24 May 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared