Steel

Markets

Hindustan Copper, NALCO to SAIL: Why are mining and mineral stocks skyrocketing? Explained

Indian metal stocks have shown significant recovery in April, with the Nifty Metal index rising 14.4%. Contributing factors include easing Middle East tensions, a weaker US dollar, and rising base metal prices, notably aluminium, which reached a four-year high amid supply concerns.

2 min read16 Apr 2026
Companies

Despite price recovery, Tata Steel postpones UK breakeven by another 12 months amid rising costs

The development underscores Tata Steel’s delicate balancing act in the UK, where it has struggled with structurally higher costs, including energy and logistics, even as market conditions begin to improve.

3 min read9 Apr 2026
Markets

NMDC’s rally may be about more than iron-ore price hikes

A fresh bump in ore prices has lifted the miner’s stock, yet record output, a 100-MT expansion plan and a pivot towards critical minerals may matter more for the longer-term rerating.

2 min read9 Apr 2026
Markets

Tata Steel shares pare morning losses after the Q4FY26 business update

Tata Steel share price rose nearly 1% after reporting record annual output for FY26, with crude steel production reaching 23.48 million tonnes, an 8% increase. Strong domestic demand and growth across segments led to robust deliveries, surpassing 20 million tonnes for the first time.

3 min read7 Apr 2026
Markets

Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying Tata Steel shares on April 6

Domestic equity markets were closed on April 3 due to Good Friday. On April 2, Nifty 50 rose by 0.15% and Sensex by 0.25%, despite a six-week decline amid global volatility. Selective buying occurred in IT, Metals, and Defence stocks, while Pharma and Financial stocks faced profit booking.

3 min read5 Apr 2026
Markets

Steel producers set for strong Q4, despite a minor blip from West Asia war

Steel stocks have fallen 8–12% amid the West Asia war, but higher domestic prices, falling imports and stronger spreads could drive robust Q4FY26 earnings for producers.

2 min read2 Apr 2026
Markets

Small-cap stock under ₹50 shows resilience against stock market crash

Rathi Steel and Power's stock price rose 1.35% to ₹15 on April 2, despite broader market losses. The company reported a 63.5% revenue increase in Q4 FY26, demonstrating resilience amid global challenges. However, the stock has fallen 54% over the past year.

2 min read2 Apr 2026
Companies

SC to decide if coke breeze imports qualify for duty exemption for steelmakers

Conflicting CESTAT rulings have pushed the top court to decide whether coke breeze qualifies as metallurgical coke, a call that could reshape tax treatment and costs for steelmakers.

2 min read1 Apr 2026
News

Quote of the Day by steel tycoon Lakshmi Mittal, ‘Entrepreneurship is about being able to face failure…’

Quote of the Day, 31 March: Steel tycoon Lakshmi Mittal, executive chairman of ArcelorMittal, shares his philosophy on entrepreneurship. He says success comes from being able to face failure, manage failure, and ultimately succeed after failing.

4 min read31 Mar 2026
Markets

JSW Steel sets board meeting date to announce Q4 results 2026. Details here

Despite a 10% drop in the last month, JSW Steel's stock is up 4% in three months and 7.5% in a year. A board meeting is set for May 14, 2026, to discuss financial results.

1 min read27 Mar 2026