Steel Price News
Morgan Stanley initiates tactical call on JSW Steel; sees an over 80% chance of outperforming broader markets
Morgan Stanley predicts JSW Steel's shares may outperform the market in the next 60 days, initiating an ‘overweight’ rating with a target of ₹1,300. They foresee an 18% upside, supported by domestic demand and favorable global conditions.
2 min read9 Sep 2025Tata Steel Q1 preview: All eyes on UK business turnaround, cost cuts, and margin expansions
Tata Steel's performance over the next 18 months will determine whether it can turn its UK operations profitable by September 2026.
4 min read29 Jul 2025India’s steel safeguard duty offers a short-term fix—but will it be enough?
India has slapped a 12% safeguard duty on cheap flat steel imports from China and Vietnam. While this may lift domestic prices in the short term, analysts warn that free trade pacts and global oversupply could blunt its long-term impact.
4 min read24 Apr 2025Steel prices climb as ‘safeguard’ duty looms, user industries warn of cost inflation
Industries that use steel as an input have opposed such a duty, arguing that their raw material bills will become steeper.
3 min read18 Mar 2025Cheap steel brought relief for automakers. But the bonanza may not last
If India imposes a safeguard duty to protect domestic industry, costs will rise for all steel-consuming industries. Hence, automakers cannot bank on lower steel prices to support margins forever.
4 min read20 Feb 2025Steelmakers warn of Q3 revenue drop, pin hopes on Q4 rebound
Facing pressure from falling prices and surging imports, India’s top steelmakers expect revenues to drop further in Q3, hoping cost relief and demand recovery will drive a Q4 rebound
4 min read21 Nov 2024JSW Steel and Korean steel-maker eye $7.7 billion investment in Odisha steel plant: Report
JSW Steel, along with Korean steel maker POSCO, plans a $7.7 billion investment in Odisha's steel plant to capitalize on the market demand, reported the news agency Reuters on Tuesday.
1 min read5 Nov 2024India plans ‘safeguard duty’ to protect steel companies from cheap imports
Since a substantial share of imports are through free trade agreements, raising customs duty won’t help curb these, officials said.
4 min read19 Oct 2024China’s No. 3 Steel Mill Offers Hopeful Take as Sector Struggles
China’s third-biggest steelmaker injected a more optimistic tone into an otherwise gloomy earnings season for the beleaguered industry, saying that growth in steel-intensive manufacturing would support prices.
1 min read31 Aug 2024Proposed duty levy on steel imports could lead to steep price hike in 2025: Crisil
Proposed duty levy on steel imports could lead to steep price hike in 2025: Crisil
2 min read21 Sep 2020Popular 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